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Business News

Joint Venture

UK

|

Electric Drive

|

New Company

Renault Trucks UK launches EV fleet adoption programme

By Bradley Osborne – 20th January 2023

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.

Switzerland

|

Mergers, Acquisitions & Disposals

|

Battery Systems, Supercapacitors & Solar

Hitachi buys the remaining shares in ABB Power Grids division

By Luke Willetts – 18th January 2023

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.

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

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.

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 & Disposals

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

|

Battery Systems, Supercapacitors & Solar

|

Agreement

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.

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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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  1. Home
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  3. CV Segment
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    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
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    • Fuel Cell Electric
    • Gas Combustion
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  5. Technology
    • ADAS & Safety Systems
    • Aerodynamics
    • 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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    • eMaaS, Financial & Insurance Services
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