The investment will target Coherent’s silicon carbide unit, which will be separated into an independent subsidiary named Silicon Carbide LLC. This investment gives Denso a 12.5% non-controlling equity stake in Silicon Carbide LLC and most importantly secures access to and supply of SiC wafers for its electric components.

Akia is developing a 36-metre-long high-capacity battery-powered electric vehicle, called ‘TransEra’, which can operate on normal roads without the need for special lanes, tracks or guidance systems.

The two companies have signed a memorandum of understanding (MoU) to make available locally-produced electric trucks in the Indonesian market under the NTBK brand.

American Battery Solutions Inc (ABS) states that its Li-Ion batteries have been fully designed, tested, and validated at its engineering and development centre located in Lake Orion with pack production scheduled to begin in the third quarter of 2023 at ABS' Springboro, OH manufacturing facility.

The E-Way H2 will be produced at the Iveco Bus plants in Annonay, France, and Foggia, Italy. The 12-metre low-floor city bus is equipped with a Siemens ELFA 3, 310-kW e-motor and an advanced fuel cell system provided by Hyundai. With four hydrogen tanks located on the roof and one 69 kWh battery pack by FPT Industrial, the vehicle offers a driving range of 450 km (280 miles) and can accommodate 115 passengers.

The American manufacturer also stated its intention to “explore all legal recourse available” in connection with Tevva’s alleged breaches of the agreement.

The two companies have announced plans to integrate Adastec’s ‘Flowride.ai’ technology with the ‘Vicinity Lightning’ battery electric bus.

VWCO appoints new importer, which invests in new Customer Service Centre in Amman, Jordan.

The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.

The two companies have agreed to collaborate in the development of purpose-built vehicles (PBVs) optimised for delivery of goods.

Under the expanded deal, MAN will use protective gases during the precision welding process, and then apply multiple coats: first, cataphoretic paint for corrosion protection, then varnish, and then a final coat of paint.

Big Rig Manufacturing will assemble both diesel Enviro500 and battery-electric Enviro500EV Charge models.