One of the joint ventures will be based in Germany and will be majority owned by Voith, while the other will be established in China with Weifu as majority owner.

The new plant is located next to the Utility Trailer Southeast Texas dealer location and will be operated by ‘Cargobull North America’, the joint venture established by the two companies last year.

The truck engines will be fitted with Westport’s high-pressure direct injection (HPDI) system, using compression-ignition to deliver power and range comparable to a conventional diesel.

Kel Kearns - veteran of Ford Motor Company - has been appointed as CEO of the joint venture.

At the CV Show 2024, held between 23-25 April at the NEC in Birmingham, UK, EV manufacturer B-ON GmbH of Luxembourg announced a joint venture with Chinese car manufacturer Chery Automobile Co. Ltd, based in Wuhu, China.

By combining their assets and capital, the two European manufacturers will ultimately produce “software-defined” trucks which are capable of continually receiving updates over-the-air.

The first ‘B6.7H’ hydrogen engines rolled off the production line at Jamshedpur in March and are now being integrated in Tata trucks.

Fuso, Mitsubishi Motors and Mitsubishi Corporation to operate an online platform JV providing information and one-stop services relating to electric vehicles (EV). 

On 2 October 2023, Behr and Hella agreed to sell their respective 50% stakes in the company to AUO for EUR600m.

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.

HL Mando Corporation is a South Korean manufacturer of automotive chassis systems based in Seoul, while Tianrun is a leading Chinese manufacturer of internal combustion engine parts, mainly for commercial vehicles.

The Cavan brand was established by a joint venture called Beijing Cavan New Energy Vehicle Company Ltd (Cavan Auto), formed in 2023 with a registered capital of CNY500m (USD290m), in which Foton owns a 65% stake, Bosch Venture Capital 10% and the remainder is split between the other financial institutions.