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Business News

Achievement Aftermarket Agreement Investment Joint Venture Legal Manufacture Mergers, Acquisitions & Disposals New Company Order Ownership Performance Product Prototype, Testing & Trials R&D Restructure Strategy/Policy Sustainability
Achievement | Aftermarket | Restructure | Mergers, Acquisitions & Disposals
Agreement Investment Joint Venture Legal Manufacture New Company Order Ownership Performance Product Prototype, Testing & Trials R&D Strategy/Policy Sustainability
View all articles ▸

South Korea

|

Product

Hyundai launches updated version of Xcient heavy truck

By Will Pulson – 1st March 2024

The new Xcient has top of the range Isringhausen seats and front-axle air suspension.

Indonesia

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Agreement

|

Distribution & Aftermarket

|

Battery Electric

Hyundai electric buses available in Indonesia

By Will Pulson – 1st March 2024

Hyundai Motor Company has signed a distribution agreement for its Elec City battery-powered buses with an agency in Indonesia.

USA

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Autonomous Vehicles

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ADAS & Safety Systems

|

Product

Plus launches open software platform for ADAS and autonomous vehicle development

By Bradley Osborne – 1st March 2024

The ‘Open Platform for Autonomy’ (OPA) is a modular software platform intended to support would-be developers of semi- and fully-autonomous vehicles and subsystems.

USA

|

Electric Drive

|

Legal

|

Mergers, Acquisitions & Disposals

Gillig purchases Lightning eMotors assets after EV startup falls into receivership

By Bradley Osborne – 29th February 2024

Gillig has apparently bought the former Lightning eMotors site in Loveland, Colorado, and it will retain some of the company's engineers in order to turn it into a dedicated electric powertrain technology hub. 

USA

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Manufacture

|

Investment

Orange EV relocates to 440,000-square-foot site in Kansas

By Bradley Osborne – 29th February 2024

The new headquarters and production facility represent an investment of more than USD37m.

Sweden

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Wheels & Tyres

|

Sustainability

Enviro and Antin begin construction of tyre recycling plant in Sweden

By Bradley Osborne – 29th February 2024

The joint venture facility will grow quickly over the next several years, with the aim of recycling one million metric tons of vehicle tyre material by 2030, representing a third of all end-of-life tyres in Europe. 

China

|

Japan

|

Agreement

|

Ownership

Hino cuts stake in JV with GAC

By Will Pulson – 29th February 2024

Hino's shareholding is to be cut from 50% to 4.83% in GAC Hino Motors Company Ltd, with a 39.72% stake being transferred to Guangzhou Automobile Group.

Poland

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Agreement

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Battery Systems, Supercapacitors & Solar

LGES to supply NMC cells to Impact for battery GigafactoryX in Poland

By Will Pulson – 28th February 2024

LG Energy Solution Ltd is to supply 200,000 battery cell modules over a three-year period to Impact Clean Power Technology (ICPT) for heavy-duty battery systems in commercial vehicles and other transportation vehicles.

UK

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Order

|

Battery Electric

Wrightbus to deliver 87 battery electric buses to Arriva London from July

By Bradley Osborne – 28th February 2024

They will join a fleet of 84 electric buses already delivered or on order from Wrightbus to Arriva London last year.

Brazil

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Prototype, Testing & Trials

|

Battery Electric

Cuiabá city in centre-west Brazil testing Higer’s Azure A12BR e-bus

By Jose Secco – 28th February 2024

Another city in Brazil, this time a city with hot temperatures of up to 41 deg. C, Cuiabá of Mato Grosso State, has begun testing China’s Higer electric 12m low floor bus, the Azure A12BR e-bus.

Thailand

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Investment

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Battery Electric

Isuzu to produce electric pickups in Thailand

By Jim Gibbins – 28th February 2024

Isuzu to invest THB32bn (USD900m) in its Thai operations over the next five years as it looks to step up its transition to zero-emission vehicles.

USA

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Agreement

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Distribution & Aftermarket

Bollinger Motors announces first dealerships for Class 4 battery electric truck

By Bradley Osborne – 28th February 2024

LaFontaine Automotive Group will set up and manage two dealerships for Bollinger Motors in the state of Michigan: one in Lansing and the other in Farmington Hills.

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    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
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    • Fuel Storage Systems
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    • Hydrogen Fuel Cells
    • Interior Components
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