SKF will be able to leverage Rubico Consulting's expertise in collecting and analysing data for R&D, testing, and maintenance purposes.

The German investment firm will take over MAN Truck & Bus Österreich, which will be renamed 'Steyr Automotive GmbH'.

Ideanomics has acquired a 100% ownership stake in the Orem, Utah-based electric vehicle manufacturer, whose product portfolio also includes proprietary software and control systems.

The Dutch specialist truck manufacturer now holds a majority stake in MPM Specialist Vehicles, which distributes special trucks from its Hillsborough headquarters.

Volvo Trucks plans to produce up to 15,000 FH, FM and FMX trucks at the JMC facility in Taiyuan from the end of 2022 onwards.

The Dutch software company was acquired for EUR75m by ChargePoint, who will incorporate its fleet management software into its charging infrastructure business.

The Blue Bird-Girardin joint venture has acquired Ecotuned, which manufactures an electric powertrain for light- and medium-duty applications.

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.