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Business News

Strategy/Policy

Italy

|

Appointment

Domenico Nucera to head CNH Industrial's Bus Business Unit

By Jim Gibbins – 1st July 2021

In preparation to spin-off its on-road business under the name On-Highway by the start of 2022, CNH Industrial has appointed Domenico Nucera to head the Bus Business Unit, succeeding Sylvain Blaise, effective October 1, 2021.

USA

|

Electric Drive

|

Agreement

REE and Poindexter to collaborate to build light-duty e-trucks

By Jim Gibbins – 1st July 2021

REE Automotive has announced a strategic collaboration with EAVX, a wholly-owned business unit of US truck body builder, JB Poindexter & Co, to build light-duty e-trucks.

Germany

|

Electric Drive

|

Aftermarket

Daimler Trucks unveils ‘e-Truck Ready’ profiling App for customer eCanter suitability evaluation 

By Jim Gibbins – 1st July 2021

Daimler Trucks’ 'eTruck Ready' App for determining which operating profiles and routes are suitable for an eCanter truck, is now available in key European markets where Daimler Trucks is selling the Fuso eCanter electric truck.

Turkey

|

Investment

TEMSA raises capital from parent companies to expand sales and product range

By Jim Gibbins – 1st July 2021

Bus and coach builder, Temsa, has received a capital injection of funds totalling TRL300m (USD34m) by its parent companies, Sabancı Holding and the PPF Group, thereby increasing its investment capital from TRL210m (USD24m) to TRL510m (USD59m).

Israel

|

Mergers, Acquisitions & Disposals

REE Automotive completes merger with 10X Capital to secure placement on the NASDAQ Composite

By Jim Gibbins – 1st July 2021

REE Automotive has completed its merger with 10X Capital Venture Acquisition Corporation on July 22, 2021, following approval of shareholders.

France

|

Electric Drive

|

Product

Renault Trucks to offer complete electric range from 2023

By Jim Gibbins – 1st July 2021

Renault Trucks has confirmed it will offer a complete range of electric trucks from 2023, addressing each segment, covering distribution, construction and long distance.

USA

|

Alternative Fuel Engines

|

R&D

Cummins begins proof-of-concept tests of hydrogen-fuelled ICEs

By Jim Gibbins – 1st July 2021

July 2021 saw Cummins begin testing a hydrogen-fuelled internal combustion engine as part of its proof-of-concept testing and to build on existing expertise in gaseous-fuel applications and powertrain products.

Germany

|

Restructure

|

Appointment

ZF to merge CV divisions and appoints new leadership team

By Jim Gibbins – 1st July 2021

The ZF Group of Friedrichshafen, is to restructure its commercial vehicle operations by combining its Commercial Vehicle Technology and Commercial Vehicle Control Systems divisions from January 1, 2022, into one.

Brazil

|

Strategy/Policy

Marcopolo and Volvo working together to boost presence in African countries

By Jim Gibbins – 1st July 2021

“In recent years, we have increased our competitiveness and strengthened sales to several countries in the African continent, such as Angola, Côte d'Ivoire, Cameroon, the Democratic Republic of Congo and Ghana, among others.

Brazil

|

Gas Engines

|

Agreement

Scania signs partnership with Comgás to accelerate the sales of gas-powered trucks and buses

By Jim Gibbins – 1st July 2021

Scania Latin America Ltda and Comgás, the largest natural gas distributor in Brazil, have announced they are cooperating to initiate several joint actions to accelerate the development of the gas-powered commercial vehicles (natural gas and biomethane) in Brazil.  

Brazil

|

Strategy/Policy

|

Sustainability

Randon’s sustainability report challenges itself on the environment safety and equality

By Jim Gibbins – 1st July 2021

Trailer builder and components supplier to the CV industry, Empresas Randon S.A. has released its latest Environmental, Social and Governance report, which among its core goals include a 40% reduction in greenhouse gas emissions by 2030 and double the number of women in leadership positions by 2025.

Brazil

|

Performance

Busscar moves into intercity coach segment and targets 20% of Brazilian coach market in 2021

By Jim Gibbins – 1st July 2021

Coach body builder, Carbuss Industria Catarinense de Carrocerias Ltda, which builds under the Busscar brand name, has announced plans to increase its market share of the intercity and charter coach segment in Brazil to 20% in 2021, putting it in second place to Marcopolo.

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Truck & Bus Builder is a specialist publishing company providing news and statistical analysis about the world commercial vehicle manufacturing industry.

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    • Battery Electric
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    • Fuel Cell Electric
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  5. Technology
    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
    • Battery Systems, Supercapacitors & Solar
    • Body & Cab Components
    • Brakes & Braking Systems
    • Chassis Components
    • Connectivity
    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
    • Gas Engines
    • H2 IC Engines & Components
    • HVAC Systems
    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
  6. Infrastructure
    • Alternative Fuels
    • Diesel / Bio-Diesel Fuel
    • Electric Charging
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