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Business News

New Company

FAW steps up global expansion under its “Sprint 2030” strategy

China

|

Strategy/Policy

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New Company

FAW steps up global expansion under its “Sprint 2030” strategy

By Will Pulson – 16th July 2025

Plan approved to establish eight new overseas subsidiaries

Holon makes its debut at UITP

Germany

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New Company

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Exhibitions & Conferences

Holon makes its debut at UITP

By Luke Willetts – 11th July 2025

JBM Auto establishes new battery and new EV venture capital subsidiary

India

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New Company

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Venture Capital

JBM Auto establishes new battery and new EV venture capital subsidiary

By RACE Innovations Pvt Ltd – 22nd June 2025

Sole priority: T&BB speaks with Mark Sondermann, CEO of Spheros

Germany

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New Company

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HVAC Systems

Sole priority: T&BB speaks with Mark Sondermann, CEO of Spheros

By Bradley Osborne – 10th June 2025

ZEVx becomes Repower Electric Corp in management buyout

USA

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New Company

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Retrofit & Refurbishment

ZEVx becomes Repower Electric Corp in management buyout

By Bradley Osborne – 17th January 2025

UK

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eMaaS, Financial & Insurance Services

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Exhibitions & Conferences

Euro Bus Expo 2024: New turnkey electrification company VEV makes its debut

By Bradley Osborne – 11th December 2024

At Euro Bus Expo 2024, T&BB spoke with a new name in the turnkey electrification sector: VEV Services Ltd of London, incorporated two years ago and starting business at the beginning of last year.

UK

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Battery Systems, Supercapacitors & Solar

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Funding

Tual awarded British government funding for swappable power bank technology

By Bradley Osborne – 7th November 2024

While the vehicle is stationary – for example, when loading or unloading cargo – the power bank recharges the traction battery, effectively acting as a range extender.

Germany

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Exhibitions & Conferences

IAA Transportation 2024: Steyr Automotive presents Chinese truck made in Austria

By Bradley Osborne – 17th October 2024

Though the powertrain comes from SuperPanther, Steyr Automotive says the eTopas truck was “co-created” by the two companies for the European market.

UK

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New Company

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Retrofit & Refurbishment

Wrightbus establishes bus retrofit division in Bicester

By Bradley Osborne – 24th July 2024

Wrightbus says that, in as little as three weeks, NewPower will take a mid-life diesel bus and convert it to zero emissions (battery or fuel cell).

Sweden

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Electric Charging

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New Company

Scania establishes new charging services company for truck depot-charging

By Bradley Osborne – 26th June 2024

The new charging services company will, according to Scania’s own description, “[specialise] in private and semi-public charging solutions”.

USA

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Exhibitions & Conferences

ACT Expo 2024: ZM Trucks makes its North American debut

By Bradley Osborne – 21st June 2024

The Japan-based company displayed a combination of battery and fuel cell electric trucks, including two Class 6 models and a Class 8 model, as well as a battery electric van.

Germany

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New Company

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Diesel Engines & Engine Components

Mahle thermostat business becomes BTT Solutions

By Bradley Osborne – 10th June 2024

BTT has taken over the thermostat and valve portfolio from the former ‘Behr Thermot-tronik’ division of Mahle, as well as 600 employees and six sites in Europe, Asia, and Latin America.

Japan

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Joint Venture

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New Company

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Electric Charging

Mitsubishi-Fuso forms new EV services partnership in Japan

By Will Pulson – 23rd May 2024

Fuso, Mitsubishi Motors and Mitsubishi Corporation to operate an online platform JV providing information and one-stop services relating to electric vehicles (EV). 

Germany

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Fuel Storage Systems

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New Company

Voith establishes new hydrogen storage systems company

By Bradley Osborne – 16th April 2024

Voith HySTech GmbH is based at the group’s site in Garching in the state of Bavaria, where hydrogen storage tanks made from carbon composites are currently being made.

China

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Agreement

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New Company

Bosch Venture Capital and others invest in Foton’s new, new energy commercial vehicles manufacturing company

By Will Pulson – 5th April 2024

The Cavan brand was established by a joint venture called Beijing Cavan New Energy Vehicle Company Ltd (Cavan Auto), formed in 2023 with a registered capital of CNY500m (USD290m), in which Foton owns a 65% stake, Bosch Venture Capital 10% and the remainder is split between the other financial institutions.

Finland

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New Company

Cargotec to demerge Kalmar from Hiab and spin off as separate company

By Bradley Osborne – 5th April 2024

Kalmar, a subsidiary of the company which, among other things, manufactures terminal tractors for container-handling operations, will be spun off as a new company named ‘Kalmar Corporation’.

India

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New Company

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Battery Electric

Startup firm Blackbuck EV India announces 13m electric coach prototype for intercity applications

By RACE Innovations Pvt Ltd – 30th March 2024

The company says its engineering team has focussed on making the ELON 3X ultra-light weight and modular in design. It is based on, what Blackbuck calls, the ‘ELON skateboard platform’, which is seen as a way to offer other length models, like ELON 2X (10.5m) and ELON 4X (14.5m) in the coming years.

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Truck & Bus Builder

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  1. Home
  2. World Regions
    • China
    • East Asia & Pacific
    • Europe & Central Asia
    • Latin America
    • Middle East & North Africa
    • North America
    • South Asia
    • Sub-Saharan Africa
  3. CV Segment
    • Bus & Coach
    • Trailer
    • Truck & Van
  4. Driveline
    • Battery Electric
    • Diesel Combustion
    • Fuel Cell Electric
    • Gas Combustion
    • Hybrid
    • Hydrogen Combustion
  5. Technology
    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
    • Hydrogen Fuel
    • Natural Gas Fuel
  7. CV Services
    • Associations, Consortiums, Market Analysts & Consultancies
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    • eMaaS, Financial & Insurance Services
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