According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

Anirudh Bhuwalka, CEO of Blue Energy Motors, says the facility will produce zero-emission electric trucks using AI and machine learning technologies.

Spheros, the specialist in heating, air conditioning, and thermal management systems for buses, has been independent from its former parent Valeo for nearly a year now, and company CEO Mark Sondermann wants people to know it. “We are no longer constrained by the strategic priorities of a larger group,” he told Truck & Bus Builder. “There is now only one priority, and that’s Spheros.” Following the Valeo acquisition in 2016, Spheros adopted its parent’s name; the reclamation of its own name marks a definitive break with the recent past. And the change is a timely one: “We can now be more agile. We can take faster decisions. It gives us the room to act in this very exciting and very dynamic market.”

They are made with a polymer liner and fully wrapped in carbon fibre composite. They are lightweight and have high capacity, making them ideal for fuel cell electric vehicles (FCEVs), including buses, trucks, and other heavy-duty commercial vehicles.

Mullen announced a definitive agreement to acquire an additional 21% stake in Bollinger, increasing shareholder equity by approximately USD3.5m.

An investment group, led by Canadian real-estate tycoon Vincent Chiara, submitted this bid. This comes after the Board has been actively seeking capital in order to restructure the business.

No specifics about the partnership have been released, except that the first products are set to be unveiled in the spring of 2026.

The project - valued at approximately USD660mn (INR 5,500 crore) - includes full-scale electric and civil infrastructure development under a Gross Cost Contracting (GCC) model.

The new 35,000-square-foot facility comprises twelve service bays and an outdoor wash station and provides body and paint services, refurbishment, fire restoration, and general repairs.

On Samsara’s ‘Connected Operations Platform’, customers can now view information on Rivian vehicles in their fleet alongside other vehicle data, providing a “unified” platform for monitoring fleet assets.

According to the terms of the agreement, MAN will begin deliveries of ‘TGX’ heavy-duty trucks to Gartner this summer, in batches of up to 350 units per year until the end of 2028.

Based in Sfax, Tunisia, KPIT engineering SUARL currently employs 574 people and functions as a dedicated nearshore development centre