Paris-based Keolis Group has announced the creation of a wholly owned subsidiary, called Hove, for the design and deployment of digital tools to assist shared mobility. The digital product offering is targeted at public transport authorities and is based on the analysis of mobility data, aiming to improve the understanding of public mobility within a local region. Created out of a merger between Kisio Digital and the Kisi Services & Consulting data team, the new company brings together 110 mobility data staff from the Keolis Group.

The company, founded in 2018, aims to create a market for the electrification of vehicles, including vans, buses, and trucks, in France.

Daimler Truck has begun trading as a separate entity to Daimler after it listed on the Frankfurt Stock Exchange.

CNH Indutrial is expected to approve the spin-off of Iveco Group following an emergency general meeting in December 2021.

Build Capital Partners, based in Salt Lake City, Utah, has announced the launch of Lane VC, an independently managed venture capital firm focused on the EV market.

The Vienna-based subsidiary, led by Manfred Heidegger and Andreas Hager, will take over coordination of software development for pepper motion.

Terberg RosRoca Vehicle Manufacturing LLC is based in Dubai Industrial City and has already began producing waste collection vehicles.

The fuel-cell developer has established a subsidiary led by Rob Del Core in San Francisco, marking the company's entry into the North American market.

The financial service, covering the Wrightbus range of electric vehicles, will provide leasing packages including charging infrastructure and maintenance as part of a turnkey e-mobility solution.

The German automotive corporation will spin off its various truck and bus brands into a separate company, which will be focused solely on the commercial vehicle industry.

Cummins Filtration, the business unit which produces fuel filters for trucks as well as heavy machinery and power generation systems, may be spun off as an independent company.

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