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Business News

Agreement

Italy

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Electric Drive

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Agreement

Quantron signs letter of intent with FRIEM Group to expand electrification business into Italy

By Bradley Osborne – 11th June 2022

Quantron will work together with FRIEM's retrofit business - a subsidiary called EYES - to enlarge the market for diesel-to-electric conversions in Italy.

USA

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Agreement

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Electric Drive

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Axles & Suspensions

Allison enters partnership with Xos for heavy-duty e-axles

By Will Hall – 6th June 2022

Indianapolis-based Allison Transmission Inc has entered a strategic partnership with Xos Inc, based in Los Angeles, to supply heavy-duty e-axle powertrains for Class 7 and 8 electric vehicles.

India

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Battery Systems, Supercapacitors & Solar

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Agreement

EKA signs MoU with Log9 for supply of fast-charging batteries

By RACE Innovations Pvt Ltd – 6th June 2022

Pinnacle Mobility has entered into a long-term strategic collaboration / purchase agreement through a Memorandum of Understanding with battery tech start-up Log9 for the supply of fast-charging batteries for the new EKA-branded electric vehicles.

Distribution & Aftermarket

Wheely Safe adds sales capacity in the UK, France and Australia

By Jim Gibbins – 6th June 2022

Wheely Safe expands sales force in UK and adds distributors in France and Australia

USA

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Electric Drive

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Electric Charging

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Agreement

Einride to supply Maersk with 300 electric trucks and 150 charging stations

By Will Hall – 4th June 2022

Swedish technology firm Einride AB, based in Stockholm, has announced the signing of an operational agreement with A.P. Moller-Maersk, to provide its Freight Mobility platform to the Danish shipping giant.

India

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Diesel / Bio-Diesel Fuel

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Agreement

Mahindra in Furio truck supply agreement with Repos Energy to meet growing demand for mobile petrol pumps

By RACE Innovations Pvt Ltd – 1st June 2022

Mahindra has announced a partnership with energy distribution start-up Repos Energy to supply its Furio medium-duty (11-14 ton) range of trucks for doorstep fuel delivery services fitted with Repos Mobile petrol pumps.

India

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Distribution & Aftermarket

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Agreement

Ashok Leyland links up with MFCWL for used vehicle sales

By RACE Innovations Pvt Ltd – 1st June 2022

Ashok Leyland has signed a Memorandum of Understanding with retailer Mahindra First Choice Wheels to offer a service to customers for facilitating an exchange, proper disposal of old commercial vehicles and assistance with purchase of a new vehicle - in anticipation of the offical scrappage policy of old vehicles entering into effect in FY 2023.

Australia

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Hydrogen Fuel Cells

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Agreement

Wrightbus to supply Volgren with driveline for hydrogen buses in Australia

By Bradley Osborne – 31st May 2022

The Northern Irish coachbuilder will supply Volgren with all the necessary components to assemble a hydrogen powertrain, so that they can be integrated into buses built locally in Australia.

India

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Electric Drive

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Agreement

Sona Comstar partners with Canada’s Enedym to produce magnet-less EV motors

By RACE Innovations Pvt Ltd – 31st May 2022

The EV components supplier has formed a strategic partnership with Enedym to develop magnet-less next-generation switched reluctance motors (SRM), electric propulsion, and electrified powertrains for the Indian market - with the aim of beginning series production in 2023.

India

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Agreement

DICV partners with MMRPL to boost BharatBenz new truck sales

By RACE Innovations Pvt Ltd – 30th May 2022

Daimler India has entered a partnership with CERO, a scrappage and steel recycling joint venture with facilities to help operators to ‘recycle’ their older vehicles as a part of the purchasing process of new BharatBenz vehicles.

USA

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Agreement

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Sustainability

Bridgestone Americas enters tyre recycling agreement

By Will Hall – 28th May 2022

Bridgestone Americas Inc has entered into an agreement with LanzaTech NZ Inc, a carbon capture specialist, to co-develop an end-of-life recycling process for used tyres.

Sweden

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Agreement

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Electrical Systems & Components

Concentric receives development contract for electric coolant pump in a fuel cell vehicle

By Will Hall – 28th May 2022

Concentric AB has received a new development contract to supply electric coolant pumps for a fuel cell application. The customer, an unnamed global truck, bus, and construction OEM, will use the e-pumps for cooling the fuel cells on a range of vehicles.

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    • Diesel Engines & Engine Components
    • Electric Drive
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    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
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    • Transmissions
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