A startup cannot live on ideas alone, no matter how good; it must be able to turn them into a viable business case if it is to remove its dependency on investor funds. That was the message of Jean-Claude Bailly, who took over the ailing French tech company Navya SA when it was saved from insolvency earlier this year by Gaussin and Macnica,1 during an interview with Truck & Bus Builder.

Whilst still in the early stages of development, the JV called WarmeWerk Wörth GmbH, aims to be the first to establish the geographical possibility and suitability of geothermal energy extraction in the area surrounding the town of Wörth.

Based in Brussels, the new joint venture, called 'Ionway', will be responsible for producing precursor and cathode active materials for lithium-ion batteries at scale.

Production is to take place at Temsa’s factory in Adana, with a prototype expected by next year and series production towards the end of 2025. Both engineering teams will be working closely together in order to meet these deadlines.

Now a joint venture called ‘Gaussin Macnica Mobility’ (GMM), Navya has received its first customer order since the liquidation of its assets.

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’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.

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.

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.

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. 

Ceres will be piloting a solid oxide electrolyser - which uses a ceramic as the electrolyte in the process of splitting water molecules to produce hydrogen gas - at Shell's R&D centre in Bangalore.

The French tyre manufacturer has acquired complete ownership of joint-venture firm Royal Lestar Utama, launched in 2015 to develop sustainable production of natural rubber in Indonesia.