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Business News

Investment

Netherlands

|

Product

|

Manufacture

|

Electric Drive

DAF expands Eindhoven factory for e-truck manufacture

By Luke Willetts – 1st April 2023

DAF has announced expansion of its Eindhoven manufacturing plant to accommodate the assembly of its electric truck range, with series production of the XD and XF Electric range to commence in spring 2023.

USA

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Investment

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Appointment

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Retrofit & Refurbishment

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Venture Capital

ZEVx raises over USD20m, appoints new CEO and board members

By Bradley Osborne – 24th March 2023

The American retrofit firm raised over USD20m in the first tranche of a funding round led by Texas-based Reynolds Capital, the investment arm of dealership software firm The Reynolds and Reynolds Company.

USA

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Electric Drive

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Manufacture

Oshkosh opens new Tennessee facility for electric vehicle production

By Bradley Osborne – 23rd March 2023

The 844,490-square-foot facility, which will be used to scale up production of a new electric refuse truck, expands on the existing production capacity of Oshkosh and its subsidiary, McNeilus, in the state.

USA

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Electric Drive

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Funding

GreenPower electric vehicles qualify for American Federal tax credits

By Luke Willetts – 17th March 2023

Under the Inflation Reduction Act, vehicles with a gross weight exceeding 14,000 pounds (6350 kg) can now qualify for commercial clean vehicle tax credits of up to USD40,000.

UK

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Investment

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Aftermarket

GB DAF opens GBP3.2m service centre in Daventry

By Luke Willetts – 17th March 2023

The facility includes a 15,000-square-foot workshop with all the necessary infrastructure to service traditional internal combustion engine-powered trucks as well as electric and hydrogen-powered vehicles.

Brazil

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Electric Drive

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Strategy/Policy

Free Article

BAE Systems prepares to supply electric propulsion systems to truck and bus builders in Brazil and Latin America

By Jose Secco – 13th March 2023

BAE System's Power & Propulsion Solutions Division has supplied almost 16,000 electric drive systems to manufacturers in different countries, mainly in North America and Europe. In New York City's urban transport fleet alone, 1,700 buses are equipped with BAE Systems' hybrid powertrain.

eMaaS, Financial & Insurance Services

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Bus & Coach

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Investment

GreenCell raises $60+ million financial package to build a further 255 electric buses

By RACE Innovations Pvt Ltd – 11th March 2023

GreenCell contracts the manufacture of the e-buses to PMI Electro Mobility in Haryana.

Germany

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HVAC Systems

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Sustainability

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Legislation & Regulations

Free Article

F-Gas regulation, e-bus growth and tender specification for e-HVAC systems bodes well for Konvekta’s CO2 heat pump

By Jim Gibbins – 7th March 2023

Konvekta is a pioneer in using CO2 as a refrigerant in climate control HVAC systems. More than 2,000 buses have been fitted with its CO2 heat pump HVAC system and these are now in successful operation throughout Europe.

AI, Digitalisation & Robotics

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Investment

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Wheels & Tyres

Apollo Tyres inaugurates second Digital Innovation Centre in Hyderabad

By RACE Innovations Pvt Ltd – 7th March 2023

Apollo explains that as part of the company’s digital strategy to implement Industry 4.0 technology into its systems and processes, the Digital Innovation Centre will also use the latest in new age technologies.

USA

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Battery Systems, Supercapacitors & Solar

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Manufacture

Atlis Motor Vehicles ramps up battery cell production in Arizona

By Luke Willetts – 7th March 2023

This comes off the back of a private funding round late last year in order to scale production of its battery cell plant in Arizona through upgraded equipment and technology.

Brazil

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Performance

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Investment

With revenues up 20% in 2022 trailer builder Librelato invests in its future

By Jose Secco – 4th March 2023

With revenues of USD405m Librelato is investing in technology for efficiency gains and expanding its parts and service network from 21 to 30 outlets in Brazil.

Germany

|

Performance

Quantron earned EUR13m in revenues in 2022

By Bradley Osborne – 3rd March 2023

The German retrofit firm reported an annual turnover of approximately EUR13m, a 25% year-on-year increase.

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    • ADAS & Safety Systems
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    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
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    • Body & Cab Components
    • Brakes & Braking Systems
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    • 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
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    • Diesel / Bio-Diesel Fuel
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