Swedish truckmaker Scania on Wednesday opened its first wholly owned factory in China, serving the domestic market as well as Asia and beyond.
Located in Rugao, Jiangsu Province, the 2-billion-euro plant is the company's third global industrial hub, Scania said in a press release.
CEO Christian Levin said the new hub "will be part of China's dynamic innovation landscape and fuel Scania's own development."
The facility, expected to employ 3,000 people, will eventually reach an annual capacity of 50,000 vehicles.
Deliveries from production in Rugao will start in late 2025