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Business News

Joint Venture

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

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Product

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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

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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

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Natural Gas Fuel

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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.

Ireland

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UK

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Joint Venture

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Hydrogen Fuel

HydraB Power and Armstrong Capital Management establish JV to build hydrogen production facilities in the UK and Ireland

By Luke Willetts – 4th October 2022

The first hydrogen production facility by the new JV of HydraB Power and Armstrong Capital called HyGen Energy Holdings is expected to be operational within the next two years in the UK.

Germany

|

Hydrogen Fuel

|

Agreement

Nikola to collaborate with E.ON to offer hydrogen trucks and infrastructure in Europe

By Bradley Osborne – 2nd October 2022

The proposed joint venture between the two companies would supply European customers with Class 8 Nikola trucks along with services and green hydrogen infrastructure as a single solution.

Germany

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Turkey

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Wheels & Tyres

Maxion Wheels expands truck wheel range with lightweight steel and forged aluminium

By Bradley Osborne – 28th September 2022

The German manufacturer launched new lightweight steel wheels, announced a series of forged aluminium wheels, and outlined plans for expanding production capacity at its joint-venture site in Manisa, Turkey.

Brazil

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Joint Venture

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Distribution & Aftermarket

Randon and Gerdau companies announce a JV to offer CV rental services

By Jose Secco – 26th September 2022

Randon companies is to form a new joint venture company with Gerdau to lease trailers in Brazil.

France

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Netherlands

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Mergers, Acquisitions & Disposals

Terberg Group to sell vehicle leasing joint venture

By Bradley Osborne – 24th September 2022

The Terberg Business Lease Group, a joint venture formed in mid-2019 between Terberg and mobility services company AutoBinck Group, is being sold to Arval, an automotive leasing firm and division of international banking group BNP Paribas.

India

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Electric Drive

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Joint Venture

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Retrofit & Refurbishment

Harbinger Motors and Kalyani Powertrain establish EV joint venture in India

By Bradley Osborne – 24th September 2022

The new joint venture, called ElectroForge, will begin developing high-power, low-mass drivetrains for CVs (Classes 3-8) from Kalyani Powertrain's facility in Pune, Maharashtra.

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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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Truck & Bus Builder

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  1. Home
  2. World Regions
    • China
    • East Asia & Pacific
    • Europe & Central Asia
    • Latin America
    • Middle East & North Africa
    • North America
    • South Asia
    • Sub-Saharan Africa
  3. CV Segment
    • Bus & Coach
    • Trailer
    • 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
    • Distribution & Aftermarket
    • eMaaS, Financial & Insurance Services
    • Engineering, Testing & Certification Services
    • Exhibitions & Conferences
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    • Retrofit & Refurbishment
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