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Business News

Joint Venture

Terberg Tractors Malaysia launches battery-electric shunter tractor

Malaysia

|

Product

|

Electric Drive

Terberg Tractors Malaysia launches battery-electric shunter tractor

By Luke Willetts – 23rd January 2023

The YT200EV terminal tractor features 350 kWh Lithium Iron Phosphate (LFP) batteries that provide up to 10 hours of operation and can be fully charged within an hour.

Renault Trucks UK launches EV fleet adoption programme

UK

|

Electric Drive

|

New Company

Renault Trucks UK launches EV fleet adoption programme

By Bradley Osborne – 20th January 2023

Hitachi buys the remaining shares in ABB Power Grids division

Switzerland

|

Mergers & Acquisitions

|

Batteries & Energy Storage

Hitachi buys the remaining shares in ABB Power Grids division

By Luke Willetts – 18th January 2023

Addiante is the name of a new heavy-duty vehicle rental service joint venture company between Randon and Gerdau

Brazil

|

Distribution & Aftermarket

|

New Company

|

Aftermarket

Addiante is the name of a new heavy-duty vehicle rental service joint venture company between Randon and Gerdau

By Jose Secco – 18th January 2023

Germany

|

Hydrogen Fuel

|

Joint Venture

Nikola and E.ON confirm European hydrogen logistics services joint venture

By Bradley Osborne – 12th January 2023

The two companies have reached a definitive agreement to set up a joint venture to provide Class 8 fuel cell trucks along with services and green hydrogen infrastructure as part of a single package from 2027.

France

|

Netherlands

|

Hydrogen Fuel Cells

|

Mergers & Acquisitions

Stellantis signals intention to acquire stake in fuel cell joint venture Symbio

By Bradley Osborne – 12th January 2023

The Dutch automotive corporation has entered negotiations to acquire a substantial stake in the Michelin-Faurecia joint venture and expects to complete the transaction within the first six months of 2023.

Netherlands

|

Electric Charging

|

Joint Venture

European charging JV is named ‘Milence’

By Bradley Osborne – 8th January 2023

Volvo Group, Daimler Truck, and Traton Group have announced that their heavy vehicle charging joint venture will operate under the name Milence BV, based in Amsterdam.

France

|

Manufacture

|

Hydrogen Fuel

Hyvia unveils a hydrogen minibus bus at the Salon Des Maires

By Luke Willetts – 27th December 2022

Equipped with a 30-kW fuel cell, a 33-kWh battery and a tank containing 4.5 kg of hydrogen at 350 bar, the bus offers a 300 km range with up to 15 passengers, and a 5-minute refuelling time.

USA

|

Product

|

Hydrogen Fuel Cells

Ideanomics leads consortium to build a hydrogen fuel cell electric bus

By Luke Willetts – 14th December 2022

The consortium is to consist of Ideanomics subsidiary, U.S. Hybrid Corporation and A-1 Alternative Fuel Systems Inc, supported by funding from South Coast Air Quality Management District (South Coast AQMD) and SoCalGas.

Canada

|

Batteries & Energy Storage

|

Agreement

Free Article

PowerCo signs MoU with Umicore for battery materials supply in North America

By Bradley Osborne – 13th December 2022

By 2030, PowerCo hopes to receive up to 40-GWh worth of critical battery materials from Umicore – enough to make batteries to supply 550,000 EVs annually. 

Italy

|

Natural Gas Fuel

|

Agreement

Iveco establishes new Bio-LNG plant in Italy

By Luke Willetts – 30th November 2022

The plant is responsible for producing biomethane from agricultural waste from surrounding farms.

Sweden

|

Wheels & Tyres

|

Joint Venture

Volvo creates new joint venture for automated tyre pressure monitoring

By Bradley Osborne – 25th November 2022

Called Fyrqom, the joint venture between Volvo, Qamcom and CEO Roman Iustin will focus on developing automated systems for tyre pressure monitoring in heavy-duty vehicles.

Germany

|

Japan

|

Joint Venture

FEV and Mitsubishi establish joint venture: Beyond Materials

By Luke Willetts – 13th November 2022

Headquartered in Tokyo, ‘Beyond Materials’ is a new consultancy advising material suppliers and product manufacturers focussing on the areas of market research, strategy and product development, implementation support, and scalable digital solutions.

Ireland

|

UK

|

Joint Venture

|

Hydrogen Fuel

HydraB Power and Armstrong Capital Management establish JV to build hydrogen production facilities in the UK and Ireland

By Luke Willetts – 4th October 2022

The first hydrogen production facility by the new JV of HydraB Power and Armstrong Capital called HyGen Energy Holdings is expected to be operational within the next two years in the UK.

Germany

|

Hydrogen Fuel

|

Agreement

Nikola to collaborate with E.ON to offer hydrogen trucks and infrastructure in Europe

By Bradley Osborne – 2nd October 2022

The proposed joint venture between the two companies would supply European customers with Class 8 Nikola trucks along with services and green hydrogen infrastructure as a single solution.

Germany

|

Turkey

|

Wheels & Tyres

Maxion Wheels expands truck wheel range with lightweight steel and forged aluminium

By Bradley Osborne – 28th September 2022

The German manufacturer launched new lightweight steel wheels, announced a series of forged aluminium wheels, and outlined plans for expanding production capacity at its joint-venture site in Manisa, Turkey.

Brazil

|

Joint Venture

|

Distribution & Aftermarket

Randon and Gerdau companies announce a JV to offer CV rental services

By Jose Secco – 26th September 2022

Randon companies is to form a new joint venture company with Gerdau to lease trailers in Brazil.

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