The charging infrastructure company will combine with FRSG in order to list on the Nasdaq with a pro-forman enterprise value of USD675m

Woven Planet will leverage AI-integrated mapping software developed by Carmera to develop its own map platform for directing autonomous vehicles.

Following the merger and a USD490m transaction, Lion Electric began trading its equity shares on 7 May.

Navistar and its International and IC Bus brands are now part of the Traton Group of commercial vehicle manufacturers.

The battery manufacturer received approximately USD822m in cash following the closure of the business combination.

Emission and thermal management control company, Eberspächer Group says it has acquired ViCTORi LLC of Boulder, Colorado, USA, which makes air compressors for fuel cell systems.

Electric motor maker, Turntide Technologies of Sunnyvale, California, the developer of the Smart Motor System, has acquired AVID Technology Ltd, a British company manufacturing electric powertrain components and systems based in Gateshead, UK.

Total Vehicle Solutions has acquired aluminium trailer and tipper body manufacturer, Wilcox Group Ltd, trading as Wilcox Commercial Vehicles (Wilcox) and based in Market Deeping, Peterborough.

REE Automotive has completed its merger with 10X Capital Venture Acquisition Corporation on July 22, 2021, following approval of shareholders.

June 2021 saw ABBA BidCo, a subsidiary of BorgWarner, acquire 89.08% of Darmstadt-based battery producer, AKASOL, for USD648m. 

The plan to purchase Cooper Tires was first announced in February 2021

Following the sale of UD Trucks to Isuzu Motors, the Board of Directors at AB Volvo has proposed the proceeds from the sale be distributed to its shareholders, at SEK9.50 per share.