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

|

Manufacture

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Investment

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Hydrogen Fuel

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Hydrogen Fuel Cells

First Hydrogen to build an assembly plant for LCVs in Quebec

By Luke Willetts – 3rd January 2023

The plant will be used for the assembly of LCVs as well as for the production of 50MW of green hydrogen using advanced electrolysis technology.

Australia

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Electric Drive

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Order

Volvo Trucks receives largest Australian order for electric trucks to date

By Bradley Osborne – 3rd January 2023

36 units of the Volvo FL Electric range of medium-duty trucks will be employed in Team Global Express’ Sydney-based pick-up and delivery fleet.

USA

|

Legal

|

Appointment

TuSimple appoints new CEO and independent director as fallout over FBI investigation continues

By Bradley Osborne – 2nd January 2023

These appointments come after former CEO, Xiaodi Hou, was fired for allegedly engaging in illicit technology transfers with Chinese-backed start-up Hydron Inc.

UK

|

Product

|

ADAS & Safety Systems

Brigade unveil new road safety product

By Luke Willetts – 2nd January 2023

The Sidescan Predict comprises six sensors which use ultrasonic technology that alerts the driver to potential vehicles, objects and pedestrians, designed for collision avoidance within a detection area of 2.5 metres.

Switzerland

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Electrical Systems & Components

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Ownership

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Mergers, Acquisitions & Disposals

BorgWarner acquires Drivetek for USD37 million

By Luke Willetts – 2nd January 2023

BorgWarner has announced it has agreed terms to buy existing power electronics manufacturing supplier, Bern-based Drivetek, for USD37 million, of which USD27 million was delivered at closing, with the additional USD10 million being paid over the next three years.

UK

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Manufacture

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Battery Systems, Supercapacitors & Solar

AMTE Power to ramp up battery cell production in Coventry ahead of Dundee factory opening in 2025

By Bradley Osborne – 30th December 2022

According to the agreement, AMTE Power can request that UKBIC manufacture up to 60,000 ‘Ultra High Power’ cells per year at its Coventry facility over an initial period of two years.

United Arab Emirates

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Investment

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Strategy/Policy

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Battery Systems, Supercapacitors & Solar

Jost opens sales unit in Dubai

By Luke Willetts – 30th December 2022

The company opened its first sales branch in Dubai, the UAE, expanding its global sales network by specifically bringing its full product range to the middle eastern markets.

Germany

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Product

|

ADAS & Safety Systems

Krone offers a new Ice-Protect system

By Luke Willetts – 30th December 2022

Krone’s Ice-Protect system prevents ice slabs from forming on the tarpaulin roofs of commercial vehicles, increasing road and driver safety.

Japan

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Autonomous Vehicles

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Agreement

Sensible 4 and UD Trucks test autonomous truck in industrial site

By Bradley Osborne – 29th December 2022

The two companies worked together to automate a Quon heavy-duty truck so it could transport and dump material without a driver.

Italy

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Appointment

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Manufacture

Iveco announce new senior appointments

By Luke Willetts – 29th December 2022

Angela Qu steps into the role of Chief Supply Chain Officer and Ángel Rodríguez Lagunilla as Chief Manufacturing Officer.

Austria

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ADAS & Safety Systems

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Aftermarket

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Distribution & Aftermarket

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Product

Aspöck launches new generation radar system for truck trailers

By Luke Willetts – 29th December 2022

Compatible with vehicles utilising an electronic brake system, RADC 1.0. monitors an area of up to 3 by 10 metres.

Canada

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Aftermarket

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Agreement

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Distribution & Aftermarket

|

Retrofit & Refurbishment

Enedym partners with Toyota Tsusho Canada to retrofit tuggers

By Luke Willetts – 28th December 2022

Enedym will retrofit Toyota’s North American and Japanese ‘tuggers’ used at its various manufacturing and parts facilities, with Enedym’s 45kW magnet-free electric motors, converting diesel fuel tuggers to battery or hydrogen power.

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    • ADAS & Safety Systems
    • Aerodynamics
    • AI, Digitalisation & Robotics
    • Alternative Fuel Engines
    • Autonomous Vehicles
    • Axles & Suspensions
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    • Body & Cab Components
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    • 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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