Longstanding investors in the vehicle connectivity firm include Cummins, Daimler Truck North America, and Paccar.

Volvo NA has not divulged the location of the newly announced plant in Mexico, but it will reportedly cover 1.7m square feet when it is opened for production in two years’ time.

Electric vans developed under the joint venture, called 'Flexis SAS', will be serially manufactured at Sandouville, where Renault has produced over a million mid-sized vans (‘Trafic’) since it opened ten years ago.

BP Pulse has acquired the 21-acre Ashford International truck stop in Kent with plans to electrify the site with twenty-megawatt chargers in Q1 2026. This acquisition signifies BP’s long-term plan - creating a European-wide EV charging network.

Having announced its ‘E-Mobility kit’ in 2023 – a portfolio of advanced electric drives, auxiliary components and complete systems for medium and heavy-duty commercial vehicles – ZF says it plans to ramp up production from 2025 to meet demand.

ABB has opened its newly refitted U.S. robotics facility in Michigan for manufacturing AI-enabled robotics and automation technology to help EV OEMs manufacture products more efficiently.

With an increasing focus on battery packs, electric powertrains and battery management systems for electric Commercial Vehicles (CVs), the firm has active plans to expand its customer base amongst global CV manufacturers.

2,300,000 Class A ordinary shares were sold during the underwritten public offering, which closed on 6 March, at a price of USD6.50 per share.

Eatron says that its battery management software is “AI-powered”; in other words, it employs algorithms based on physical models to assess the battery’s health and performance.

Certification requires the necessary aftermarket services including maintenance and repairs, expert consulting services and replacement parts distribution. Furthermore, the centres require charging infrastructure with dedicated BEV serving bays as well as staff upskilling to meet the requirements of BEV fleet maintenance. This enhances DTNA’s aftermarket services across North America. 

Daimler Truck opened a new 22,000 sqm truck and bus all-purpose driveline agnostic servicing and sales centre in Stuttgart (“Mercedes-Benz Commercial Vehicle Center”) for Mercedes-Benz and Fuso trucks as well as Setra and Mercedes-Benz buses. This is its fifth such facility in the past 12 months, and it plans to add three more in Europe in 2025.

Iveco announced a positive set of financial results for the 2023 year, including EUR 16 billion in consolidated revenues (up 13% from 2022), an adjusted EBITA of EUR 940 million (up EUR 413 million compared to 2022) and an adjusted net income of EUR 352 million (up EUR 127 million from 2022 figures).