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Business News

Investment

BharatBenz builds driver training simulator at facility in Oragadam

India

|

Training

|

Aftermarket

BharatBenz builds driver training simulator at facility in Oragadam

By Manoj P – 8th June 2023

BharatBenz is a brand name of Daimler India Commercial Vehicles, which is fully supported by Daimler Truck AG

MAN opens Krakow expansion for producing full truck range

Poland

|

Manufacture

MAN opens Krakow expansion for producing full truck range

By Bradley Osborne – 6th June 2023

Tata Motors opens its first registered vehicle scrapping facility

India

|

Retrofit, Refurbishment & Recycling

|

Sustainability

|

Emissions

Tata Motors opens its first registered vehicle scrapping facility

By Manoj P – 6th June 2023

Canada

|

Investment

|

Ownership

NFI to receive USD150m cash injection from private placement

By Bradley Osborne – 5th June 2023

Coliseum Capital Management already holds 12.4% of NFI’s issued and outstanding common shares; following the closure of the private placement on 30 June, the investment firm will own over a third of all NFI’s shares.

Daimler Truck, BlackRock and NextEra invest USD650 in U.S. charging and hydrogen refuelling infrastructure

USA

|

Joint Venture

|

Electric Charging

|

Hydrogen Fuel

|

Investment

Daimler Truck, BlackRock and NextEra invest USD650 in U.S. charging and hydrogen refuelling infrastructure

By Luke Willetts – 27th May 2023

South Korea

|

Hydrogen Fuel

|

Investment

SK opens first dedicated hydrogen refuelling station in South Korea

By Will Pulson – 19th May 2023

Government and industry in South Korea are working together to invest in hydrogen as an energy for transport.

South Korea

|

AI, Digitalisation & Robotics

|

Manufacture

|

Agreement

Hankook to improve efficiency by developing AI data platform

By Luke Willetts – 19th May 2023

Hankook has contracted web service providers Amazon Web Services and Snowflake to build an integrated AI data platform to make more informed decisions based on more reliable data sets aiding product development and increasing manufacturing efficiency, thus enhancing global competitiveness.

USA

|

Autonomous Vehicles

Aurora opens Dallas terminal for autonomous trucks

By Luke Willetts – 13th May 2023

The terminal deploys autonomous trucks transporting freight from Dallas to Houston (and vice versa) for its pilot customers which include FedEx and Uber freight.

UK

|

Electric Drive

Nikola Tre BEV makes UK debut at 2023 Commercial Vehicle Show

By Luke Willetts – 10th May 2023

At the past 2023 Commercial Vehicle Show in Birmingham, in April, Nikola/Iveco launched the pre-production Nikola Tre 4X2 battery-electric heavy-duty tractor unit.

Brazil

|

Electric Drive

|

Investment

|

Manufacture

Suspensys opens new production area dedicated to electromobility technologies

By Jose Secco – 10th May 2023

The first product to come out the new production area is the e-Sys electric drive system for trailers.

UK

|

Manufacture

Free Article

Official opening of Schmitz Cargobull factory in Manchester: a T&BB feature

By Bradley Osborne – 9th May 2023

On 30 March, Schmitz Cargobull UK Ltd marked the official opening of its trailer assembly facility with a ribbon-cutting ceremony attended by customers and members of the press.

Brazil

|

Restructure

|

R&D

|

Body & Cab Components

Composs is a new brand name for composite material solutions from Frasle Mobility

By Jose Secco – 9th May 2023

Frasle Mobility is the name of a new business unit of Fras-le S.A. involved in development and manufacture of new composite materials for the transport industry.

USA

|

Batteries & Energy Storage

|

Investment

Free Article

Microvast to manufacture Lithium-Ion batteries at new facility in Clarksville, Tennessee starting at the end of this year

By Jim Gibbins – 8th May 2023

The new Clarksville manufacturing facility will make battery cells for the first time in the USA, as well as battery packs for Microvast's growing portfolio of CV customers in North America.

Germany

|

Manufacture

|

Investment

|

Sustainability

|

Hydrogen Fuel

Dana to ramp up production of new generation bipolar plates for hydrogen PEM electrolysers

By Luke Willetts – 8th May 2023

These metallic bipolar plates are engineered to maximise the performance of proton exchange membrane (PEM) electrolysers used to produce hydrogen fuel.

UK

|

Distribution & Aftermarket

|

Investment

Volvo UK reopens Croydon dealership following GBP2m refurbishment

By Bradley Osborne – 6th May 2023

Volvo UK said it committed GBP500,000 to make the site more environmentally friendly by investing in solar panels, smart LED lighting, and air source heat pumps.

Mexico

|

Manufacture

|

Achievement

Navistar celebrates 25 years of CV assembly in Mexico

By Bradley Osborne – 6th May 2023

Since the facility was opened in 1998, Navistar has produced nearly 880,000 truck and bus chassis in Escobedo - including its 'International eMV' series of battery-electric trucks.

Canada

|

Batteries & Energy Storage

|

Manufacture

|

Investment

Volkswagen planning to invest EUR4.8bn in Canadian cell gigafactory

By Bradley Osborne – 5th May 2023

The building will be constructed and expanded in phases up to 2030, representing a planned investment of up to EUR4.8bn, or CAD7bn.

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