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Business News

Joint Venture

USA

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Joint Venture

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Electric Charging

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Hydrogen Fuel

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Investment

Daimler Truck, BlackRock and NextEra invest USD650 in U.S. charging and hydrogen refuelling infrastructure

By Luke Willetts – 27th May 2023

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

Germany

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Ownership

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Joint Venture

Iveco to take over joint venture with Nikola

By Bradley Osborne – 15th May 2023

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.

Germany

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Aerodynamics

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Product

Quantron showcases QHM FCEV Aero at company press day

By Bradley Osborne – 2nd May 2023

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%.

Sweden

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Wheels & Tyres

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Joint Venture

Enviro enters joint venture agreement for large-scale tyre recycling

By Bradley Osborne – 18th April 2023

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.

Joint Venture

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Battery Systems, Supercapacitors & Solar

InoBat signs MOU with Chinese energy storage specialist Gotion

By Luke Willetts – 23rd February 2023

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.

Malaysia

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Product

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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.

UK

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Electric Drive

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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

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Mergers, Acquisitions & Disposals

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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

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Distribution & Aftermarket

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New Company

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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

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Hydrogen Fuel

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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

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Netherlands

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Hydrogen Fuel Cells

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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

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Electric Charging

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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.

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Truck & Bus Builder

Truck & Bus Builder is a specialist publishing company providing news and statistical analysis about the world commercial vehicle manufacturing industry.

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Truck & Bus Builder

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  1. Home
  2. World Regions
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  3. CV Segment
    • Bus & Coach
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    • Truck & Van
  4. Driveline
    • Battery Electric
    • Diesel Combustion
    • Fuel Cell Electric
    • Gas Combustion
    • Hybrid
    • Hydrogen Combustion
  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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