Mullen announced a definitive agreement to acquire an additional 21% stake in Bollinger, increasing shareholder equity by approximately USD3.5m.

Currently, PMI Electro claims to operate 2,000 electric buses across 31 cities in India and has an order book of more than 3,000 vehicles.

The bus manufacturer was bought for USD52m by Rivaz Inc shortly after its former owner, REV Group, announced that it would terminate operations after fulfilling outstanding commitments to its customers.

Ebusco has convened an Extraordinary General Meeting (EGM) on 26 March 2025 to seek shareholder approval for further share issuance to Gotion, allowing Gotion to convert an additional EUR 4.01 million of its remaining accounts payable into equity. If approved, this would increase Gotion's stake in Ebusco to just over 10%.

Schwarzmüller says there will be virtually no overlap between its “infrastructure vehicles” and Krone’s core expertise in road freight transport – the two brands will remain separate.

This sale is part of Knorr-Bremse's Boost 2026 strategy, aimed at optimising its portfolio and focusing more on its core competencies.

Mahle also announced that it will be taking 100% control of ‘Mahle Behr GmbH & Co KG’, a 75%-owned subsidiary specialising in air conditioning and engine cooling.

As far as its coach products are concerned, it is “business as usual” for Belgian manufacturer Van Hool, according to Darren Dowsett, who spoke to T&BB in his capacity as managing director of VDL Bus & Coach UK at the Euro Bus Expo.

Westport said that it and its ‘Cespira’ joint venture with Volvo would “continue to collaborate” with Weichai.

All product brands, including Vitesco, which are currently marketed alongside the Schaeffler brand will “gradually be transferred to the corporate brand”.

Upon closure of the transaction between Platform Science and Trimble, Trimble Transportation customers will gain access to the ‘Virtual Vehicle’ platform, enabling access to real-time vehicle data and third-party applications directly from the onboard telematics.

This sale is part of Knorr-Bremse's Boost 2026 strategy, aimed at optimising its portfolio and focusing more on its core competencies.