Over a year ago, British startup Tevva Motors Ltd – which had already raised millions of dollars in funding on the strength of its 7.5 tonne prototype electric truck – announced plans to merge with an American company called ElectraMeccanica. It was an unlikely match: ElectraMeccanica had launched a single product, a battery-powered three-wheeler, which had to be recalled due to numerous technical faults. Following the merger, the new company, called ‘Tevva Inc’, would begin with a cash balance between USD70-80m, debts of USD26m, and two facilities on either side of the Atlantic. It was apparently a marriage of convenience: a means to recapitalise Tevva’s business and enter the American market; and when the deal collapsed, the declaration of bankruptcy, which came six months later, seemed as inevitable as the change of seasons.

Plus says it is now ready to begin the second phase of self-driving truck deployment, meaning pilots with customers in America and Europe.

FPT has been supplying the OEM its full Euro VI CV powertrain lineup extending from 4 – 13 litres. Over the 20 years it has supplied TDCV with more than 90,000 engines.

Addiante is a joint venture company of steel maker, formed by Gerdau SA of Porto Alegre, and Randoncorp of Caxias do Sul, set up in 2022, specializing in the leasing of heavy vehicles, implements and machinery.

The company highlighted the AddVolt Powerpack, an energy system that enables the electrification of refrigerated transport vehicles which can eliminate diesel use and reducing noise, making it ideal for operating in low-emission zones.