The battery manufacturer Gotion has acquired 9.3% of Ebusco for a price of EUR 5 million. Within this agreement, it stipulates that Gotion can nominate a representative to Ebusco’s supervisory board and management board, subject to the approval of the Company’s shareholders.

The company willl use the newly-raised capital to commercialise its technology, starting next year in distribution centres.

This so called ‘accelerated bookbuilding process’ created 145,000,000 shares in a “private placement” fund at NOK 6,90 (0.63 USD) per new share. The capital raised will help the company meet its 2025 goals, namely getting a few hundred Tern trucks out the door and ramping up production.

Silvero will oversee expansion of the Latin Parts Centers (LPC), the manufacturer's logistics center located in Vinhedo (SP).

Since 2018, VWCO has had a dedicated electric vehicle team.

DTNA has launched its first electric aftermarket route in the U.S. by integrating a Freightliner eCascadia into its parts distribution network in Phoenix, Arizona, in an attempt to further decarbonise its logistics operations.

New Flyer says it will repurpose existing space at its production facility in Winnipeg and lease another site for final vehicle commissioning.

This achievement results from the involvement of almost the entire supply chain, VWCO said, with 90% of its suppliers already involved in this procedure.

This facility, situated near Memphis, Tennessee, adds 200,000 square feet of warehouse space and enhances Donaldson's capability to serve sectors such as heavy-duty trucking and construction.

This factory represents a major investment and will focus on producing lithium-ion batteries for electric vehicles, including buses, trucks, and other commercial vehicles.

The single stack fuel cell is aimed at the heavy-duty CV market, including refuse vehicles. Hyzon says the new 200kW system is a major improvement over previous versions, offering 20% more range per kilogram of hydrogen compared with the 120kW model and reducing both volume and weight by about roughly 30%.

The LCV and pickup truck maker has relocated its corporate headquarters from California to northern Texas. This relocation is part of a broader restructuring plan, which also includes the migration of Canoo's engineering workforce to its two main Oklahoma locations in Oklahoma City and Pryor​, beginning in Q4 this year.