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.

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

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

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.

Tata Motors has incorporated a new wholly-owned subsidiary company called TML CV Mobility Solutions, which will provide end-to-end services of operating, repair and maintenance.