The Traton Group (which is in the process of buying Navistar) announced it is investing $1.9 billion in research and development of e-mobility by 2025, and cutting its investment in traditional drivetrains.
Truck Makers Hit With Record EU Fines for Price-Fixing in Europe
The European Union is fining five truck makers nearly 3 billion euros for acting as a cartel to fix prices of medium and heavy-duty trucks and time the introduction of technologies to comply with emissions rules.