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.
Traton, Navistar Enter Purchasing Agreement
Traton and Navistar have officially entered into a definitive merger agreement after announcing that the companies had reached an agreement for Traton to buy out the remaining shares in Navistar on October 16.
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