Bus and coach builder, CaetanoBus, has announced it will be co-branding its zero emission buses with Toyota. This move follows the bus builder’s change in share ownership in December 2020.

BorgWarner Inc, based in Auburn Hills, Michigan, USA, has announced the completion of its previously announced takeover of German battery manufacturer AKASOL AG, headquartered in Darmstadt.

Cummins' acquisition of the drivetrain and brakes manufacturer will entrench its position as one of the major suppliers of components to the commercial vehicle industry.

Automated technology specialist ABB Ltd of Zürich, Switzerland, has announced the acquisition of a 60% stake in commercial EV charging firm InCharge Energy, based in Santa Monica, California, USA. The transaction builds on ABB’s initial investment as part of Series A venture capital funding in InCharge.

Plug Power will be working with Atlas Copco and Fives to liquefy and distribute 500 tons of hydrogen every day across the USA by 2025.

A well-established distributor of construction, materials handling and other machinery products, Sunway Trading and Manufacturing, a subsidiary of the Sunway Group, based in Sunway City, Malaysia, announced in February it has acquired Dongfeng Commercial Vehicle Malaysia (DFCVM), the local distributor of China’s Dongfeng Motor Corporation.

Cummins Inc of Columbus, Indiana, has announced the signing of an agreement to acquire Bloomfield, Connecticut-based Jacobs Vehicle Systems Inc¹ from parent group Altra Industrial Motion Corp. Operations from the acquisition will report into the Cummins Turbo Technologies business unit within the firm’s Components segment.

JBM Auto has announced the acquisition of a 51% stake in battery maker JBM Green Energy and electric vehicle maker JBM EV Industries through its subsidiary, JBM Electric Vehicles.

BorgWarner Inc, based in Auburn Hills, Michigan, has announced the sale of its Water Valley, Mississippi facility to Atar Capital. The sale forms part of BorgWarner’s accelerated electrification strategy titled Project Charging Forward which the firm announced in March 2021.

Clarience Technologies LLC, the parent firm to Truck-Lite and Davco, based in Southfield, Michigan, has acquired Fleetilla LLC, based in Ann Arbor, Michigan. Clarience hopes to integrate Fleetilla with its existing Road Ready telematics brand to develop what it calls the ‘next generation’ of telematics products.

Columbus, Indiana-based powertrain manufacturer, Cummins Inc, has completed a 50% equity acquisition of Momentum Fuel Technologies from Rush Enterprises.

Power management firm, Eaton Corp has completed the acquisition of Royal Power Solutions, an electric vehicle component manufacturer based in Carol Stream, Illinois, USA. Under the terms of the agreement, Eaton paid USD600 million for Royal Power.