The decision symbolises a move towards electrification whilst the company will still serve the traditional ICE powertrains as the industry transitions to zero-emission transportation.

In the first half of 2023 the joint venture, based in Taiwan’s capital Taipei, sold 50 battery-powered buses (e-Bus) based on the ‘Model T’ prototype that was developed by Hon Hai based on its MIH purpose-built open platform.

The 64,000 square metre facility in San Luis Potosi will house a new manufacturing facility for power electronic components and electric motors with 380 new jobs to be created over the next five years. The facility is planned to come on line incrementally with phase 1 beginning in Q2 2024.

A Report from the 2023 Renault Trucks UK media event. Carlos Rodrigues (Managing Director of Renault Trucks UK and Ireland) gave the keynote speech where he said that the company had been consistently growing its market share in the UK and Ireland market over the last 5 years.

KG Mobility (known previously as Ssangyong Motor Company), has bought electric commercial vehicle manufacturer, Edison Motors Company, and will change the name to KGM Commercial.

The company will undergo a series of actions and emerge as a privately owned company, delisting from the public stock exchange in order to have a firmer financial base. Stefan Pierer, an Austrian investor and CEO of Pierer Mobility (a motorcycle manufacturer) will become Leoni’s sole shareholder.

The company halted production at its joint venture plant in the Russian city of Ulyanovsk in March 2022.

The InnoLab battery laboratory is expected to be completed by August this year. The facility will produce lithium-ion battery cells and assemble batteries. The facility will produce batteries in-house for its range of electrically powered buses and trucks with the aim of reducing its reliance on external battery suppliers and limiting the impact of component supply shortages. Daimler aims to produce the first battery cells by the end of 2023 and the first prototype battery system by 2024.

The 13-million-dollar project to develop a new charging hub for EV freight trucks will be located on DTNA’s Redford facility in Detroit due to its proximity to the 1-96 highway and its power supply capabilities.

The company has three factories in Japan, the Kawasaki Plant, which produces trucks and industrial engines, the Nakatsu Plant, which manufactures transmissions and the Toyama City Plant, where Fuso buses are produced.

The Randon Group has changed its name as it transitions to being a global company with increasing focus on digital technology and financial services.

An unnamed French customer has taken delivery of the first Type IV* hydrogen storage systems to roll off the production lines at Forvia’s new French factory in Allenjoie.