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

USA

|

Manufacture

Vicinity Motor opens Ferndale, Washington facility for CV production

By Bradley Osborne – 22nd September 2023

The Ferndale facility has the capacity to produce up to 850 ‘Vicinity Classic’ and ‘Vicinity Lightning’ (i.e., ICE and EV) buses and 6,250 ‘VMC 1200’ battery electric trucks per year.

UK

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Aftermarket

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Retrofit & Refurbishment

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Electric Drive

Equipmake announces Welsh bus repower fleet deal at Cenex

By Luke Willetts – 22nd September 2023

UK operator, Newport Transport, appoints Equipmake to convert 8 of its double-deckers to electric power with its Zero Emission Drivetrain (ZED).

USA

|

Battery Systems, Supercapacitors & Solar

|

Mergers, Acquisitions & Disposals

Mullen acquires Romeo Power assets from Nikola for USD3.5m

By Bradley Osborne – 22nd September 2023

The assets include production lines for battery pack assembly, battery testing and validation equipment, computer numerical control equipment, and module enclosure production.

India

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Germany

|

Strategy/Policy

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Distribution & Aftermarket

FlixBus to enter Indian market next year

By RACE Innovations Pvt Ltd – 22nd September 2023

World's biggest operator, valued at USD3bn, to enter India in 2024.

Slovak Republic

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Battery Systems, Supercapacitors & Solar

|

Mergers, Acquisitions & Disposals

|

Ownership

Gotion acquires a 25% stake in InoBat

By Luke Willetts – 21st September 2023

The significance of this investment for InoBat is that this will provide access to Gotion's research and development, its raw materials (lithium etc.) supply chain, cell production and recycling capabilities which will accelerate InoBat’s path to series and large-scale production of battery cells.

Netherlands

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Hydrogen Fuel Cells

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Funding

Zepp Solutions receives EUR1.98m grant to build factory for fuel cell systems

By Bradley Osborne – 21st September 2023

The planned factory will be built in the Rijnmond region of the Netherlands before 2026 and will allow the Dutch startup to scale up production of its fuel cell systems to 1,000 units annually.

Germany

|

Strategy/Policy

Volkswagen AG to become Volkswagen Group as it refocuses as a design-oriented “sustainable mobility provider”

By Bradley Osborne – 21st September 2023

As manufacturers increasingly move towards producing electric, “software-defined” vehicles, Volkswagen CEO, Oliver Blume said that aesthetics will replace “traditional unique selling propositions” (i.e., technical design) as the key differentiator between brands.

India

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Agreement

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Compliance

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ADAS & Safety Systems

India’s NATRAX and ATS sign MOU to offer ADAS testing and certification services

By RACE Innovations Pvt Ltd – 21st September 2023

The two organisations aim to offer testing and certification services in the fields of Advanced Driver Systems (ADAS), Road-Load Data Acquisition (RLDA), and vehicle dynamics to OEMs, as well as to technology and component suppliers in the country.

UK

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Electric Drive

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Exhibitions & Conferences

Renault Trucks UK debuts low entry cab with "bus door" for electric refuse collection trucks at RWM Expo

By Bradley Osborne – 20th September 2023

The vehicle shown was a 26-tonne ‘E-Tech D Wide’ 6x2 chassis with inward folding "bus-style" doors and low step height.

Sweden

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Battery Systems, Supercapacitors & Solar

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Manufacture

Scania opens battery assembly plant in Södertälje

By Bradley Osborne – 20th September 2023

The battery assembly launch will allow Scania to commence serial production of heavy-duty electric vehicles at Södertälje.

Germany

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Performance

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Brakes & Braking Systems

Knorr Bremse reports positive mid-year results

By Luke Willetts – 20th September 2023

According to group figures, the Commercial Vehicle Systems (CVS) Division has profited from positive market developments, with incoming orders and an order book of EUR 2,212 million, up 15.8% on the previous year’s corresponding order book value (H1/22: EUR 1,911m).

Investment

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R&D

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Electrical Systems & Components

|

Autonomous Vehicles

Valeo India inaugurates Satellite Technical Centre in Bengaluru

By RACE Innovations Pvt Ltd – 20th September 2023

The Satellite Technical Centre is to focus on end-to-end software, system engineering, electronics, and mechanical engineering, addressing core market trends in electrification, autonomous driving, and reinvention of interior equipment, notably lighting systems.

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    • Alternative Fuel Engines
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    • Body & Cab Components
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    • Diesel Engines & Engine Components
    • Electric Drive
    • Electrical Systems & Components
    • Emission Control Systems
    • Fuel Storage Systems
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    • H2 IC Engines & Components
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    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
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