The company cut 300 jobs in the U.S. and Canada amid financial pressure as it seeks profitability. The cuts came in the manufacturing and administrative segments of the business.

David Earnshaw told T&BB that the new plant will specialise in high voltage equipment for electric vehicles.

With the upcoming IAA Transportation event in Hanover, Germany (September 17-22), just around the corner, a company that is hoping to make a splash is Italian powertrain manufacturer, FPT Industrial (a wholly-owned subsidiary of the Iveco Group).

Volvo NA will take over CVG’s ‘Cab Structures’ business, including its assembly plant in Kings Mountain, North Carolina – which is where CVG assembles medium- and heavy-duty cabs for Mack Trucks – for approximately USD40m.

CEAT's current TBR tyre production capacity is 3,000 tyres per day.

This modern facility, one of Europe's most advanced cable plants, will allow the company to significantly increase production. The move involved transferring 870 staff members and 180 pieces of machinery from their former site in Stieberstrasse, Roth, which had been in use for over 100 years.

GIB EnergyX will license Gotion's LFP technology for lithium-ion cells to Amara Raja for manufacturing LFP cells in both cylindrical and prismatic form factors.

The companies will jointly develop advanced hydrogen generation technology utilising Solid Oxide Electrolysis Cells (SOEC) combined with waste heat recovery. The collaboration aims to enhance the efficiency of hydrogen production by leveraging SOEC technology, which operates at high temperatures and uses less energy compared to traditional electrolysis methods.

TRIDEC, as a part of JOST, is axle-agnostic, meaning it can service customers using all major axle brands (BPW, SAF-Holland etc) obviously including Jost Axles.  T&BB interviewed Johan Nieuwenhuis, Sales Director at TRIDEC to get a better sense of the company’s product offerings and its international footprint.

Details on the bus specs are sparse at this point but we will be sure to update our readers once we have more details.

FPT will emphasise its advancements in sustainable transportation technologies, focusing on low-emission and zero-emission solutions. The company will showcase a variety of powertrain systems, including natural gas-powered engines, and electric propulsion (e-propulsion) systems.

Last month, Fastcharge opened the country's first electric-truck-dedicated charging hub, just outside of Oslo. Kempower installed the equipment (high-powered Satellite DC chargers) but the smart e-mobility solutions provider Wennstrom, is responsible for the service and maintenance of the EV charging infrastructure.