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

|

Electric Charging

|

Distribution & Aftermarket

Kempower signs agreement with Norwegian food retailer

By Luke Willetts – 20th August 2023

The company has signed a framework agreement with Norwegian food retailer, ASKO, to build fast-charging infrastructure for its electric trucks at its 13 logistics depots in various parts of Norway.

Brazil

|

Agreement

|

Legal

Brazil’s ABC Metallurgists Union in the Grande ABC region has signed a letter of intent to manufacture electric vehicles in the region

By Jose Secco – 20th August 2023

The agreement is with two Chinese vehicle manufacturers.

Taiwan

|

Strategy/Policy

|

Performance

|

Electric Drive

Hon Hai steps up electric bus sales and production

By Will Pulson – 19th August 2023

In the first half of 2023 the joint venture, based in Taiwan’s capital Taipei, sold 50 battery-powered buses (e-Bus) based on the ‘Model T’ prototype that was developed by Hon Hai based on its MIH purpose-built open platform.

Brazil

|

Electric Drive

|

Product

Higer TEVX introduces articulated 18m e-bus to Brazil

By Jose Secco – 19th August 2023

Articulated, full low floor and with capacity for 130 passengers, the urban AzureA18BR is imported CBU from China and offers an average range of 270 kilometres.

USA

|

Electrical Systems & Components

BorgWarner signs agreement with U.S. semiconductor manufacturer

By Luke Willetts – 18th August 2023

The partnership could be worth up to USD 1 billion and in a statement, BorgWarner said ‘it plans to integrate Onsemi’s EliteSiC 1200 V and 750 V power devices into its power modules for traction inverters.’

Israel

|

Battery Systems, Supercapacitors & Solar

|

Mergers, Acquisitions & Disposals

GM acquires Israeli battery software startup

By Luke Willetts – 18th August 2023

The patented software helps detect early battery defects and will aid GM in developing an early hazard detection system for batteries. The value behind this software is that it doesn’t require additional hardware or sensors to monitor minor changes that have the potential to impact battery health.

France

|

Agreement

|

Sustainability

Transport operator, Keolis signs fixed priced long-term renewable energy deal

By Luke Willetts – 18th August 2023

Starting in January 2025, the Urbasolar group will supply Keolis with an annual 18 gigawatt-hours (GWh) of electricity generated at French solar farms. This will allow Keolis to supplement its energy supply at a fixed, long-term price, whilst reducing its CO2 emissions by an estimated 290 tonnes of per year.

Italy

|

Brakes & Braking Systems

|

Distribution & Aftermarket

Brembo launches new range of brake pads for the CV aftermarket

By Luke Willetts – 18th August 2023

The company says that this new range of brake pads provides coverage for 95% of European Heavy-Vehicles including trucks and buses.

United Arab Emirates

|

Autonomous Vehicles

ADL taking part in Dubai autonomous bus challenge

By Luke Willetts – 17th August 2023

This challenge has been organised by the Roads and Transport Authority (RTA) of Dubai and the Dubai World Congress for Self-Driving Transport, involving six autonomous bus builders testing their respective autonomous driving capabilities in the hope of winning a lucrative government tender in the future.

Mexico

|

Manufacture

|

Investment

BorgWarner invests in eMobility manufacturing capabilities in Mexico

By Luke Willetts – 17th August 2023

The 64,000 square metre facility in San Luis Potosi will house a new manufacturing facility for power electronic components and electric motors with 380 new jobs to be created over the next five years. The facility is planned to come on line incrementally with phase 1 beginning in Q2 2024.

UK

|

Electric Drive

|

Strategy/Policy

Renault Trucks UK gaining ground in the UK & Ireland with a clever mix of electric and conventional trucks

By Luke Willetts – 16th August 2023

A Report from the 2023 Renault Trucks UK media event. Carlos Rodrigues (Managing Director of Renault Trucks UK and Ireland) gave the keynote speech where he said that the company had been consistently growing its market share in the UK and Ireland market over the last 5 years.

USA

|

HVAC Systems

|

Mergers, Acquisitions & Disposals

Daikin purchases two companies to strengthen North American HVAC business

By Luke Willetts – 16th August 2023

The company has acquired two Seattle-based companies, Integrated Systems and Controls and InControl in order to strengthen its HVAC business in North America.

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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
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