The LCV and pickup truck maker has relocated its corporate headquarters from California to northern Texas. This relocation is part of a broader restructuring plan, which also includes the migration of Canoo's engineering workforce to its two main Oklahoma locations in Oklahoma City and Pryor​, beginning in Q4 this year.

This investment will support the expansion of KleanDrive’s retrofitting capacity and the increased manufacturing capacity of its proprietary advanced ePowertrain technology used to repower diesel ICE buses to electric drive.

At IAA Transportation 2024 last month, I experienced firsthand the magnetic effect of the “Tesla phenomenon”. Towards the end of a series of keynote speeches delivered by some of the industry’s most important executives, Dan Priestley, who heads the development of Tesla’s heavy electric ‘Semi’ truck, took to the stage to provide an update on the company’s plans for the commercial vehicle segment. I had a place towards the front, having sat through the preceding talks that afternoon, which were reasonably well attended; however, looking behind just before Priestley’s entry to the stage, I saw a new crowd of attendees filling out the entire space.

The reason: Hino Motors concluded that it is “unlikely that the business of Shanghai Hino will grow in a sustainable manner” due mainly to growing sales of electric-powered commercial vehicles and construction machinery in China.

The company plans to capitalise on its reputation as a premium vehicle safety systems developer as it moves into the Japanese market.

The company said the move is a first step in a much broader expansion strategy for the region.

At the IAA in Hanover Ford Trucks said that it was working on a right hand drive Euro VII diesel engine powered version of both the F-MAX and F-LINE truck models.

The company’s distribution strategy had been to appoint a single distributor per country in mainland Europe responsible for sales, aftersales, spare parts and marketing.

In the future, the former Van Hool facility will produce stainless steel tankers, whereas GRW will produce aluminium products at its own facilities, said GRW CEO Gerhard van der Merwe.

In an attempt to plug the hole in the budget sheet by producing more buses and therefore fulfilling orders, the company revealed plans to raise up to EUR 36 million through a rights issue, allowing existing shareholders to purchase additional shares. This capital injection is part of Ebusco's broader turnaround plan, designed to improve its financial performance and operational reliability.

While the spotlight was on its combustion technology at its stand at IAA Transportation 2024 – held between 17-22 September in Hanover, Germany – American powertrain manufacturer Cummins Inc also had a lot to say about its alternative offerings, now grouped under the name of ‘Accelera’. Informally, the Accelera brand covers all “the electric stuff”, while the legacy engine components, together with the non-electric axle, braking, and suspension products acquired from Meritor, retain the Cummins name. However, Cummins envisages that, eventually, the “electric stuff” will become the core of its business.

This is the key take away from conversations at the IAA Transportation and following a round table discussion with Prof. Dr. Peter Laier, Member of the Board of ZF Group.