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Business News

Investment

Brazil

|

Aftermarket

|

Performance

|

Distribution & Aftermarket

Five-year-old Libreparts continues to grow at 120% per annum

By Jose Secco – 16th July 2023

Libreparts now has 21 outlets throughout Brazil.

USA

Arrival receives USD 283 million cash injection after SPAC deal

By Luke Willetts – 14th July 2023

The company has announced it is set to receive a USD 283 million cash injection after a merger with New York-based special-purpose acquisition company (SPAC), Kensington Capital Acquisition Corp.

France

|

Manufacture

|

Fuel Storage Systems

Forvia’s new French factory begins hydrogen storage tank production

By Luke Willetts – 14th July 2023

An unnamed French customer has taken delivery of the first Type IV* hydrogen storage systems to roll off the production lines at Forvia’s new French factory in Allenjoie.

Argentina

|

Manufacture

Volkswagen starts pilot truck assembly in Argentina

By Jose Secco – 13th July 2023

This follows on from the new partnership agreement announced in December between VW Argentina and Volkswagen Caminhões e Ônibus Ltda (VWCO).

Brazil

|

Agreement

|

Investment

|

Compliance

TÜV Rheinland and Centro Tecnológico Randon sign a strategic partnership for the automotive sector

By Jose Secco – 9th July 2023

The Randon Technological Centre occupies an area of more than 90 hectares in Farroupilha, in the south of Brazil. With 15 kilometres of test field, more than 20 types of tracks and a 2,200 m² building with laboratories, engineering, and administration offices.

Brazil

|

Alternative Fuels

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Natural Gas Fuel

|

R&D

Londrina – third city to embrace trials of Scania’s biomethane-powered buses

By Jose Secco – 8th July 2023

The biomethane bus trial in Londrina is the third demonstration by Compagas and Scania in 2023; the first being in the Metropolitan Region of Curitiba, and then in the capital city of Curitiba.

UK

|

Electric Charging

|

Investment

Heliox electric bus charging infrastructure set to be used at First Bus depot in York

By Luke Willetts – 7th July 2023

First Bus will convert the York depot by installing new electric charging infrastructure provided by Heliox.

Brazil

|

Electric Drive

|

Tractor

|

Distribution & Aftermarket

Volvo Trucks rolls out electric heavy truck range in Brazil

By Jose Secco – 4th July 2023

The Volvo FM Electric model is the first demonstration model; a tractor unit with an output of up to 490kW (660hp) and a total combined vehicle gross weight of up to 44 tonnes.

Spain

|

Investment

|

Manufacture

Schmitz inaugurates new semi-trailer plant near Zaragoza, Spain

By Bradley Osborne – 4th July 2023

At Zaragoza, Schmitz will build ‘S.CS’ curtainsiders, ‘S.KO’ dry freight semi-trailers, and reefers for customers primarily in Spain, Portugal, France, and North Africa.

Taiwan

|

Japan

|

Investment

|

Manufacture

|

Electric Drive

Master Transportation Bus builds electric bus plant in Taiwan

By Will Pulson – 2nd July 2023

MasterTrans is a dedicated bus builder established a decade ago in Taiwan, which is transitioning to production of electric buses in 18 months' time.

Mexico

|

China

|

Investment

|

Manufacture

Foton to build second plant in Mexico

By Will Pulson – 1st July 2023

Foton to invest USD1bn in new truck in Mexico with plans to enter the markets of Canda and USA via NAFTA.

South Korea

|

Hydrogen Fuel Cells

|

Investment

|

Manufacture

Hyundai to step up production of zero-emissions CVs at Jeonju

By Will Pulson – 30th June 2023

This moves comes on the back of a major repower bus order in the Capital and to combat competition primarily coming from Chinese OEMs.

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    • Battery Electric
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    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
    • Associations, Consortiums, Market Analysts & Consultancies
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    • eMaaS, Financial & Insurance Services
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