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

Slovak Republic

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Agreement

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Manufacture

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Battery Systems, Supercapacitors & Solar

Gotion InoBat JV signs MOU with the Slovak government to build a gigafactory in Šurany

By Luke Willetts – 3rd January 2024

With construction set for next year on a 65-hectare area of land in Šurany, the Slovak government is set to provide subsidies. The venture aims to begin battery production in Q2 2026, producing EV batteries with a combined annual output of 20 gigawatt-hours.

Thailand

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Wheels & Tyres

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Restructure

Bridgestone consolidates Thai TBR production with closure of Rangsit, Thailand

By Luke Willetts – 3rd January 2024

The factory employed 1,070 staff and produced 2,100 TBR tyres a day. Further reasons for closure included the impact on local communities, issues with the rubber supply chain and the overall profitability of the factory.

South Korea

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Autonomous Vehicles

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Agreement

Mars Auto, SK Telecom to collaborate in self-driving large trucks

By Will Pulson – 3rd January 2024

Mars Auto develops AI-based self-driving software for freight trucks. In 2019, it was the first company in South Korea to successfully test a self-driving truck.

Belgium

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Product

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Strategy/Policy

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Electric Drive

Free Article

BAE Systems voices benefits of Modular Powertrain Solution for buses and coaches at Busworld Europe

By Jim Gibbins – 2nd January 2024

On the stand BAE Systems displayed its current family of motors and inverters; these included the GPM-10 and GPM-12 direct drive motors alongside a GPM-5 motor with an Eaton MD4 (Medium-Duty 4-speed) gearbox, as well as the MAPS*, MPCS**, and GPI-10 inverters.

Germany

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Fuel Storage Systems

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Compliance

Voith hydrogen tanks approved for road use by UNECE

By Bradley Osborne – 2nd January 2024

Now that it is approved for road use, the Carbon4Tank is ready to be serially produced.

Germany

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Autonomous Vehicles

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Prototype, Testing & Trials

Iveco and Plus automated truck project to begin first customer trial in 2024

By Luke Willetts – 2nd January 2024

The Iveco SpA / Plus Inc heavy-duty truck (Iveco S-Way) installed with Plus’s level 4 autonomous driving technology (‘PlusDrive’), is to begin its first customer trial in Q1 2024, with German drugstore retailer, dm-drogerie markt.

Thailand

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Product

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Manufacture

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Chassis Cowls & Pickups

Isuzu launches 3rd-gen D-Max truck and plans electric D-Max version

By Will Pulson – 2nd January 2024

The D-Max’ main production base is in Thailand, from where it is made available in over 100 countries and regions worldwide.

Manufacture

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Electrical Systems & Components

Forvia opens new electronics plant in China

By Luke Willetts – 31st December 2023

Forvia’s Fengcheng Mega Plant employs 1200 staff, housing 89 production lines dedicated to producing products in three main areas: display technologies, cockpit electronics and automated driving technologies for both passenger and Commercial Vehicles (CVs).

India

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Body & Cab Components

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Investment

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Strategy/Policy

Ashok Leyland creates ‘Women-only’ Cabin Trim production line at Pantnagar Plant

By RACE Innovations Pvt Ltd – 31st December 2023

"This endeavour seeks to enhance the skills and employability of these women, enabling them to pursue their dreams. This perfectly aligns with our brand philosophy of "Koi Manzil Door Nahin”," says Shenu Agarwal, Managing Director and CEO, Ashok Leyland.

Japan

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Agreement

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Connectivity

Hino reinstated in CJPT technology partnership

By Will Pulson – 31st December 2023

The CJPT consortium was established initially in early 2021 through the collaborative efforts of Hino, Isuzu, and Toyota to expedite the adoption of zero-emission and connected technologies within the commercial vehicle sector.

India

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Agreement

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Manufacture

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Electric Drive

GreenCell Mobility and VECV sign MoU to supply 1,000 Eicher ebuses

By RACE Innovations Pvt Ltd – 31st December 2023

The plan is to work together to ensure industry-leading vehicle engineering, data integration and safety features are incorporated in these buses.

Morocco

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Agreement

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Manufacture

China’s Shacman begins heavy truck assembly in Morocco

By Will Pulson – 30th December 2023

Assembly is taking place in partnership with local company, Groupe Premium in Casablanca.

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