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.

Bridgestone Americas has made a minority investment in Kodiak Robotics. The partnership will allow Bridgestone to integrate its smart-sensing tyre technologies and fleet solutions into Kodiak's level 4 autonomous trucks.

Isuzu completed the acquisition of UD Trucks Corporation from the Volvo Group on April 1, 2021, with the two groups looking to move ahead with their strategic alliance in the global truck sector.

Hübner GmbH & Co KG (Hübner Group) of Kassel Germany has acquired Dutch electro-hydraulic chassis steering specialist, V.S.E. Vehicle Systems Engineering B.V. of Veenendaal, Netherlands, for an undisclosed sum from Weber-Hydraulik Group, which has owned VSE since 2014.

Alstom has confirmed rumours that it plans to make a divestment of its electric bus unit, Alstom Aptis, which are made at its facility in Hangenbeiten, France.

Electric vehicle builder, Lightning eMotors, formerly headquartered in Loveland, Colorado has combined its business operations with Private-to-Public Equity (PPE) technology company, GigCapital3 Inc of Palo Alto, California to become listed on the New York Stock Exchange (NYSE).

Electric van and bus manufacturing start up, Arrival Ltd of London, UK, on 24 March 2021 completed its previously announced merger with CIIG Merger Corporation of New York, NY, USA to become a publicly listed company trading on the Nasdaq Global Select Market with its ordinary shares and warrants listed under the new ticker symbols ‘ARVL’ and ‘ARVLW’, respectively.