Daniel Wedberg, founder and managing director of Sweden-based truck maker Scania’s corporate venturing unit, has left to join electric vehicle startup Inzile as CEO.
Wedberg set up Scania Growth Capital in early 2017 and its deals include battery provider Northvolt, which recently raised $2.75bn.
Inzile develops a fossil-free, modular transport and service and previous CEO and founder, Ragnar Åhgren, will remain within the company in business development.
Wedberg said: “Inzile is a fantastic company that is perfectly positioned for the future in sustainable urban transport.”