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Business News

Joint Venture

Germany

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Japan

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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

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Hydrogen Fuel

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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.

Germany

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Electric Drive

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Agreement

Mercedes-Benz and Rivian sign MoU to establish electric van joint venture

By Bradley Osborne – 23rd September 2022

The planned joint venture would repurpose an existing Mercedes-Benz facility in Central or Eastern Europe for the production of electric vans based on two vehicle platforms.

Japan

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Joint Venture

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Compliance

Hino expelled from CJPT following engine testing misconduct

By Bradley Osborne – 10th September 2022

CJPT, a research joint venture into alternative propulsion systems, decided that Hino's past wrongdoings - which includes falsification of data during emissions testing of its engines - were incompatible with its zero-carbon goals.

Japan

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Alternative Fuel Engines

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Agreement

Hydrogen-powered engine research brings together Isuzu, Denso, Toyota, Hino and CJPT

By Will Pulson – 20th August 2022

Joint Venture CJPT and components giant Denso Corporation have announced they are to work jointly to develop hydrogen-powered combustion engines for heavy-duty commercial vehicles. 

Brazil

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Electric Drive

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Funding

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Joint Venture

Higer signs memorandum of intent with Ceará government to manufacture electric buses

By Jose Secco – 19th August 2022

TEVX Higer is the abbreviated name of a joint venture company between Chinese bus builder, Higer Bus and local Brazilian assembler, TEVX Motors Ltd to make electric city buses in Brazil.

USA

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Joint Venture

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Manufacture

Terberg enters joint venture to build terminal tractors in the U.S.

By Bradley Osborne – 18th August 2022

The proposed joint venture with the Taylor Group of Companies will build a manufacturing facility in Lowndes County, Mississippi and establish a distribution network for selling, leasing and servicing Terberg terminal tractors.

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  1. Home
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    • Truck & Van
  4. Driveline
    • Battery Electric
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    • 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
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