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Business News

Joint Venture

Joint Venture

|

Electric Drive

|

Manufacture

|

Battery Electric

Hexagon Purus and Hino Trucks launch EV Truck brand: Tern

By Luke Willetts – 6th July 2024

Initially set to be released in the U.S. market, the class 8 battery-electric RC8 truck is set to go into series production in Q4 2024, at Hexagon’s new 200,000-square-foot facility in Dallas, Texas. Tern trucks will be available through the Hino dealer network across the U.S.

France

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Hydrogen Fuel Cells

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Manufacture

Symbio and Schaeffler joint venture inaugurates fuel cell component facility in France

By Bradley Osborne – 5th July 2024

The facility in Haguenau, located on the German border, has begun production with an annual capacity of four million bipolar plates.

USA

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Manufacture

|

Joint Venture

|

Electric Drive

Hexagon Purus to supply components for Toyota class 8 HFC powertrains

By Luke Willetts – 5th July 2024

Hexagon Purus is set to supply hydrogen storage and battery packs to Toyota Motor North America for the series production of its heavy-duty fuel cell powertrains. These HFC powertrains will be manufactured at the Toyota facility in Georgetown, Kentucky.

Germany

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China

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Fuel Storage Systems

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Agreement

Voith signs cooperation agreement with Weifu Group on hydrogen storage systems for Europe and China

By Bradley Osborne – 4th July 2024

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.

USA

|

Refrigeration Systems

|

Manufacture

Utility Trailer opens Texas final assembly site for Cargobull TRUs

By Bradley Osborne – 2nd July 2024

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.

Sweden

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Canada

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Hydrogen Combustion

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Joint Venture

Volvo to begin customer pilots of hydrogen combustion truck in 2026

By Bradley Osborne – 13th June 2024

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.

USA

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Battery Systems, Supercapacitors & Solar

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Joint Venture

Paccar-Daimler-Cummins JV for battery cells named “Amplify Cell Technologies”

By Bradley Osborne – 12th June 2024

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

Luxembourg

|

China

|

Joint Venture

B-ON and Chery announce JV at the 2024 CV Show

By Luke Willetts – 3rd June 2024

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.

Sweden

|

Germany

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Connectivity

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Joint Venture

Volvo and Daimler announce plan to develop joint platform for “software-defined” heavy trucks

By Bradley Osborne – 27th May 2024

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.

India

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H2 IC Engines & Components

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Manufacture

Cummins begins hydrogen engine production in India for Tata

By Bradley Osborne – 23rd May 2024

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

Japan

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Joint Venture

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New Company

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Electric Charging

Mitsubishi-Fuso forms new EV services partnership in Japan

By Will Pulson – 23rd May 2024

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

Germany

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HVAC Systems

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Joint Venture

Mahle and Forvia sell off Behr-Hella joint venture in climate controls

By Bradley Osborne – 18th April 2024

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

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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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    • Battery Electric
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    • Fuel Cell Electric
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  5. Technology
    • ADAS & Safety Systems
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    • 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
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