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

Sweden

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ADAS & Safety Systems

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Compliance

Volvo Trucks to update safety systems in line with GSR

By Bradley Osborne – 1st July 2023

The ‘Front Short Range Assist’, ‘Intelligent Speed Assist’, and ‘Tyre Pressure Monitoring System’ have been designed to comply with the EU’s updated General Safety Regulation (GSR) which comes into effect in July 2024.

USA

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ADAS & Safety Systems

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Autonomous Vehicles

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Agreement

Plus selects Luminar as exclusive supplier of lidar systems

By Bradley Osborne – 1st July 2023

PlusDrive-equipped trucks will employ mid- to long-range lidar from Luminar on an exclusive supplier basis, while Plus will act as exclusive third-party supplier of AI-powered driver assistance software to Luminar’s OEM customers.

South Korea

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Hydrogen Fuel Cells

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Investment

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Manufacture

Hyundai to step up production of zero-emissions CVs at Jeonju

By Will Pulson – 30th June 2023

This moves comes on the back of a major repower bus order in the Capital and to combat competition primarily coming from Chinese OEMs.

South Korea

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Hydrogen Fuel Cells

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Retrofit & Refurbishment

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Order

Hyundai wins major repower HFC bus contract in Korea's capital

By Will Pulson – 30th June 2023

June saw Hyundai sign a memorandum of understanding with the South Korean Ministry of Environment, the Seoul Metropolitan Government and others to convert more than 1,300 public transportation vehicles to hydrogen fuel cell power by 2026.

USA

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Autonomous Vehicles

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R&D

Volvo sets up Texas base for autonomous truck trials

By Bradley Osborne – 30th June 2023

From the Dallas-Fort Worth metroplex, Volvo will test autonomous trucks on freight corridors to El Paso and to Houston.

UK

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Brakes & Braking Systems

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Product

Tevva and ZF develop regen braking system up to four times more effective

By Bradley Osborne – 30th June 2023

Tevva says it worked extensively with the ‘Commercial Vehicle Solutions’ (CVS) division of German components group ZF to integrate its electronic braking system (EBS) with the truck.

USA

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Strategy/Policy

Nikola slashes 270 jobs as part of cost-cutting measures

By Bradley Osborne – 29th June 2023

The manufacturer announced it is taking cost-cutting measures to reduce its outgoings to under USD400m by 2024, including layoffs of approximately 270 workers at multiple sites.

Sweden

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Spain

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Agreement

Sunsundegui licensed to build Volvo 9700 and 9900 coaches for European market

By Bradley Osborne – 29th June 2023

Starting next year, Sunsundegui will be licensed to produce the Volvo ‘9700’ and ‘9900’ coach models, based on a new chassis which Volvo Buses introduced last year.

USA

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R&D

Cummins develops more durable and efficient steel alloy for engines

By Bradley Osborne – 29th June 2023

The American manufacturer claims the new alloy will make its engines more durable and efficient than was previously possible. 

Japan

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Investment

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Distribution & Aftermarket

Fuso reorganises vehicle and parts distribution operations

By Will Pulson – 29th June 2023

The new distribution centre replaces the existing facility in Atsugi City, Kanagawa Prefecture, which had been the company’s main parts distribution hub since it was first opened in 1978.

Japan

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Aftermarket

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Product

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Hydrogen Fuel Cells

Honda to supply fuel cell systems to Isuzu from 2027

By Will Pulson – 28th June 2023

Isuzu and Honda joined forces in 2020 to develop heavy-duty trucks powered by hydrogen fuel cells and have now successfully developed a prototype based on Isuzu’s Giga truck

UK

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Electric Drive

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Order

Volvo receives largest order to date for BZL Electric buses

By Bradley Osborne – 28th June 2023

Volvo will supply 150 double deck and 20 single deck buses based on its ‘BZL Electric’ chassis to Stagecoach, who will put them on the roads of Manchester from Summer 2024.

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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
  6. Infrastructure
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