The joint venture, which will make use of Westport assets and intellectual property, will receive an initial USD28m investment from Volvo, giving it a 45% stake.

The joint venture, under the name ‘Roqit’, will develop a digital platform for the provision of various services, including management tools for fleets, insurance, hydrogen infrastructure, and emissions tracking, as well as data insights.

The joint venture, aptly named Greenlane, will design, develop, install, and operate a US-wide, EV public charging and hydrogen refuelling network.

Iveco Group will acquire the joint-venture manufacturing facility in Ulm, which was opened in 2021 for the assembly of Nikola ‘Tre’ battery- and fuel cell-electric trucks for the European market.

With exterior modifications to the cab in combination with a smart energy management system, Quantron claims the aerodynamic variant can improve the range of the QHM FCEV (700 km or 1,500 km, depending on the fuel storage volume) by up to 10%.

The joint venture’s first facility will be located in Uddevalla, Sweden - once fully operational, it will recycle 34,500 tons of used tyres, which is reportedly equal to 40% of Sweden’s annual tyre waste volume.

The joint venture (JV) outlines several key goals with the primary being the co-development of a 40 GWh capacity gigafactory in the CEE (Central and Eastern Europe) region.

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.

The new venture by Renault Trucks and its British distributors is offering trucks on a three-month lease, with customers only paying based on their usage.

This follows an initial agreement of purchase/sale signed on December 17, 2018, for 80.1 per cent of the equity to be procured by Hitachi.

Addiante Serviços Financeiros e Digitais, is a new company, headquartered in São Paulo, specializing in leasing services for heavy-duty trucks, semi-trailers, and associated equipment.

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.