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Business News

Agreement

USA

BorgWarner secures another contract to supply high voltage coolant heaters to an unnamed North American OEM

By Luke Willetts – 8th March 2024

The HVCH is expected to go into production in Q1 2026. This is the third contract that has been secured for this product, which is specifically designed for the heating of a BEV’s battery and cabin.

France

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Battery Systems, Supercapacitors & Solar

Forsee to supply battery systems for BAE Systems’ demonstrator trucks

By Luke Willetts – 6th March 2024

The company is set to supply BAE Systems with its Forsee Zen Plus battery system to equip BAE’s Gen3 powertrain on a class 7 demonstration truck. The batteries will be produced at Forsee’s new manufacturing facility in Columbus, Ohio, beginning in Q1 2024.

India

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Agreement

|

Ownership

Mitsui and VDL to invest in electric bus builder Pinnacle Mobility

By RACE Innovations Pvt Ltd – 6th March 2024

Pinnacle Mobility, which sells vehicles under the brand name, EKA Mobility, is an electric bus as well as a light and medium-duty electric truck builder.

Japan

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Autonomous Vehicles

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Agreement

Isuzu co-develops autonomous bus service for Hiratsuka City

By Will Pulson – 4th March 2024

Isuzu and four other partners include Mitsubishi Corporation, Kanagawa Chuo Kotsu Company, Aisan Technology Company and A-Drive Inc.

Japan

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Battery Systems, Supercapacitors & Solar

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Agreement

LGES in EV battery partnership with Isuzu Motors

By Will Pulson – 3rd March 2024

Isuzu to source batteries for its electric trucks from LGES.

Vietnam

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Malaysia

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Agreement

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Manufacture

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Product

TC Motor begins assembly of King Long Euro V coach in Vietnam

By Will Pulson – 3rd March 2024

The Nova Euro V coach replaces with outgoing Euro IV model, which had been assembled in the Vietnamese city of Da Nang since 2020.

Japan

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Electric Charging

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Agreement

Fuso links with Daimler Truck Financial & ESR Group to develop EV recharging network for eCanter in Japan

By Will Pulson – 2nd March 2024

MFTBC said the partnership is part of its “Fuso eMobility Solutions” programme which supports customers’ shift to battery-powered trucks such as the eCanter light-duty truck.

Indonesia

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Agreement

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Distribution & Aftermarket

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Battery Electric

Hyundai electric buses available in Indonesia

By Will Pulson – 1st March 2024

Hyundai Motor Company has signed a distribution agreement for its Elec City battery-powered buses with an agency in Indonesia.

Sweden

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Wheels & Tyres

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Sustainability

Enviro and Antin begin construction of tyre recycling plant in Sweden

By Bradley Osborne – 29th February 2024

The joint venture facility will grow quickly over the next several years, with the aim of recycling one million metric tons of vehicle tyre material by 2030, representing a third of all end-of-life tyres in Europe. 

China

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Japan

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Agreement

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Ownership

Hino cuts stake in JV with GAC

By Will Pulson – 29th February 2024

Hino's shareholding is to be cut from 50% to 4.83% in GAC Hino Motors Company Ltd, with a 39.72% stake being transferred to Guangzhou Automobile Group.

Poland

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Agreement

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Battery Systems, Supercapacitors & Solar

LGES to supply NMC cells to Impact for battery GigafactoryX in Poland

By Will Pulson – 28th February 2024

LG Energy Solution Ltd is to supply 200,000 battery cell modules over a three-year period to Impact Clean Power Technology (ICPT) for heavy-duty battery systems in commercial vehicles and other transportation vehicles.

USA

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Agreement

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Distribution & Aftermarket

Bollinger Motors announces first dealerships for Class 4 battery electric truck

By Bradley Osborne – 28th February 2024

LaFontaine Automotive Group will set up and manage two dealerships for Bollinger Motors in the state of Michigan: one in Lansing and the other in Farmington Hills.

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    • Hydrogen Fuel Cells
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