Chinese Electric Trucks Are Set to Take on Europe, CEO Says
- Scania’s Levin cites rivals’ expertise in software, batteries
- Swedish brand is expanding in China with its own factory
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After pushing into Europe with their electric cars, Chinese manufacturers such as BYD Co. are expected to target another piece of the market: big rigs.
One of Europe’s top truckmakers warned that the roughly 25 Chinese truck and bus manufacturers building a presence in the region should be taken just as seriously as Tesla Inc. because of their expertise in batteries and software.