Led by seasoned experienced transportation industry personnel - Richard Welford, CEO, Anu Kabra, CTO and Tom Hughes, CSM - the new company aims to supply the goods transportation and distribution industry with a revolutionary electric axle design.

HVS is on track to be the first UK-designed and developed hydrogen-electric HGV on the market, and with the recent financial backing of the EG group, they just might get there.

Borgwarner names senior executives, Brady Ericson and Chris Gropp to lead new entity.

The ‘eCV1’ is a light-duty truck platform designed to accommodate a range of different applications, and is based on Watt's proprietary "skateboard" or modular EV architecture.

‘OEV Canada Inc’, based in Toronto, Ontario, is already operational, and is headed by Roberto Bragagnolo, who will lead the provision of product sales and services in the country.

InoBat is positioning itself as a producer of customised battery cells for a variety of duty cycles in what is regarded as 'smaller' volume niche applications. The cells are produced to match a variety of specific duty cycles and applications, with plans to produce and supply those battery cells consistently to its clients into the future.

Arrow Mobility presented its first e-Van / e-Truck model for the first time at Fenatran 2022 in November.

The 9,500 square metre (sqm) plant will employ 150 staff and become the focal point of a global network of gigafactories based on its “cradle-to-cradle” circular value chain, which integrates chemistry research, cell development, battery production and material recycling in one location.

'Mobilisights’ will have exclusive access to data taken from connected vehicles sold under the group’s many brands, which it will sell to third parties such as government, utility companies, and research institutions.

In terms of the transaction details, BorgWarner shareholders would own shares of both companies, with its completion set for late 2023, pending regulatory approval.

The new venture by Renault Trucks and its British distributors is offering trucks on a three-month lease, with customers only paying based on their usage.

Addiante Serviços Financeiros e Digitais, is a new company, headquartered in São Paulo, specializing in leasing services for heavy-duty trucks, semi-trailers, and associated equipment.