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Business News

Investment

UK

|

Manufacture

|

AI, Digitalisation & Robotics

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Wheels & Tyres

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Investment

Bandvulc invests in UK tyre re-tread plant

By Luke Willetts – 6th January 2023

The design, development and installation of the robots used in the factory have been undertaken by the Bandvulc engineering team as a part of the company’s three-year operational plan to introduce advanced and innovative tyre re-treading technologies that drive quality and productivity.

UK

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Aftermarket

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Investment

Don-Bur opens new service centre in Stoke-on-Trent

By Luke Willetts – 4th January 2023

The new 6,053 square-foot service centre for light commercial vehicles will service the repair, recovery, diagnostics and MOTs of their LCVs.

Canada

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Manufacture

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Investment

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Hydrogen Fuel

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Hydrogen Fuel Cells

First Hydrogen to build an assembly plant for LCVs in Quebec

By Luke Willetts – 3rd January 2023

The plant will be used for the assembly of LCVs as well as for the production of 50MW of green hydrogen using advanced electrolysis technology.

United Arab Emirates

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Investment

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Strategy/Policy

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Battery Systems, Supercapacitors & Solar

Jost opens sales unit in Dubai

By Luke Willetts – 30th December 2022

The company opened its first sales branch in Dubai, the UAE, expanding its global sales network by specifically bringing its full product range to the middle eastern markets.

Mexico

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Manufacture

|

Investment

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Axles & Suspensions

Dayco to build a new manufacturing facility in Mexico

By Luke Willetts – 27th December 2022

Dayco is set to invest USD11.5 million in a new manufacturing plant in San Luis Potosi, Mexico, to make drive belts - the new facility is scheduled to open in Q1 of 2024.

France

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Distribution & Aftermarket

|

Ownership

Crédit Agricole acquires 30% of Michelin’s turnkey EV brand

By Bradley Osborne – 27th December 2022

Watèa was created by Michelin in 2021 to offer an LCV subscription service, helping clients with procuring vehicles and charging infrastructure and providing them with digital services.

Germany

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Investment

|

Sustainability

ZF raises EUR700m through sustainability bond

By Bradley Osborne – 22nd December 2022

The funds raised are intended to support the company’s research and development into e-mobility, autonomous vehicles and advanced safety systems.

UK

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Manufacture

|

Hydrogen Fuel Cells

HVS receives GBP15 million from the Advanced Propulsion Centre for hydrogen fuel cell truck project

By Luke Willetts – 21st December 2022

The project brings together a consortium led by HVS and includes Fusion Processing, Grayson and PNDC.

Sweden

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Investment

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Venture Capital

Scania issues green bond, announces venture capital fund to support future mobility

By Bradley Osborne – 19th December 2022

Scania has issued a green bond worth SEK3bn to support further investments into electrification, and it has launched a venture capital fund totalling SEK2bn to support fledgling tech firms in the vehicle industry. 

India

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Distribution & Aftermarket

Daimler opens its second dedicated training centre in Cuttack, India

By RACE Innovations Pvt Ltd – 18th December 2022

These are specially developed training centres that are designed to support the sale and services of Bharat-Benz branded trucks in the south east and now the east of the country.

Japan

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France

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Manufacture

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Investment

Mitsubishi Fuso trials Autonomous Intelligent Tugger (AIT) in Kawasaki factory

By Luke Willetts – 13th December 2022

The “TractEasy” autonomous software was provided by EasyMile SAS utilising a range of sensors and cameras with real-time processing for autonomous hauling designed to automate the manufacturing process making it more efficient.

Germany

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Manufacture

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Battery Systems, Supercapacitors & Solar

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Investment

CATL starts manufacture of first battery cells outside of China

By Luke Willetts – 8th December 2022

The facility has a capacity of 8 GWh per year and is expected to reach 14 GWh by 2024. Whilst details are sparse, the company has announced plans to build another European factory, this time in Hungary.

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Truck & Bus Builder is a specialist publishing company providing news and statistical analysis about the world commercial vehicle manufacturing industry.

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  1. Home
  2. World Regions
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    • North America
    • South Asia
    • Sub-Saharan Africa
  3. CV Segment
    • Bus & Coach
    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
    • Diesel Combustion
    • Fuel Cell Electric
    • Gas Combustion
    • Hybrid
    • Hydrogen Combustion
  5. Technology
    • 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
    • Distribution & Aftermarket
    • eMaaS, Financial & Insurance Services
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