This acquisition strengthens Hitachi’s (Hitachi Energy’s Grid-eMotion division**) position in the electric mobility sector by expanding its product portfolio and production capacity of its electric vehicle charging equipment.

The company reported that sales of Maxus vans grew by 46% in 2023, while its battery electric vans took fourth place in the UK LCV-EV market, and it forecasts growth of 50% across all brands this year. 

The money will finance the construction of a 72,000-square-foot extension, which will expand the total size of the facility to 352,000 square feet.

Nikola claims that the nominees were put forward by an entity controlled by company founder Trevor Milton, who was sentenced late last year on one count of securities fraud and two counts of wire fraud while acting as Executive Chairman of Nikola.

In the opening pages of its very first sustainability report, published in 2019, Iochpe-Maxion proclaimed its interest in “establishing a position of transparency for the market and society”. The Brazilian company – originally a logging firm and now one of the largest manufacturers of wheels and structural components for automotives and commercial vehicles – had pursued certain sustainability objectives prior to 2019, but these had been managed individually by its numerous subsidiaries.

Danfoss acquired both the 1500 VDC converter technology and product team from Finnish renewable energy technology company, Ampner Oy, with plans to scale up its energy storage electrification portfolio.

Both subsystems are intended for easy integration into prototype and development vehicles, providing some of the necessary electronic components between the fuel cell stack/auxiliary battery and the traction motor.

Fenatran triggers largest order for IVECO Latin America.

Schwarzmüller cited increasing materials and energy costs, and “an unsteady market environment”, as factors which contributed to the lower sales figures in 2023.

Changes have been made to the D13 engine's pistons, fuel injectors, and oil pump, while the I-Shift transmission now shifts gears up to 30% faster than before.

An experienced transport policy and public affairs specialist, Robert Gwynn joins the company with the role of getting more alternatively fuelled vehicles across its fleet.

The e-Sys is an electric energy recovery and auxiliary traction system developed exclusively by Randoncorp subsidiaries. The Mexican market, according to Suspensys, on average is 25,000 new semi-trailers per year, and is the second largest in Latin America, behind Brazil.