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

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Electric Drive

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Exhibitions & Conferences

Mercedes-Benz eCitaro in right hand drive makes world debut at ITT hub

By Jim Gibbins – 1st July 2021

Two and half years after the world premiere of the eCitaro electric city bus, it is now available in right hand drive for the UK and several other right hand drive markets that permit 2.55m wide city buses. 

Belgium

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Refrigeration Systems

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Product

Thermo King launches low noise PIEK-compliant A-500 Whisper Pro for urban delivery operations

By Jim Gibbins – 1st July 2021

Temperature control specialist, Thermo King has introduced its latest, ultra-quiet addition to its Advancer A-Series trailer refrigeration system - the A-500 Whisper Pro.

Russian Federation

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Autonomous Vehicles

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Product

KAMAZ works with Moscow University to develop autonomous articulated tipper

By Alexander Solntsev – 1st July 2021

KAMAZ together with the Bauman Moscow State Technical University have developed an autonomous articulated tipper, KAMAZ-6561, for opencast mining operations.

Australia

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Electric Drive

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Agreement

ADL to supply Enviro bodies to Nexport in Australia for mounting on BYD e-bus chassis

By Jim Gibbins – 1st July 2021

Alexander Dennis has announced it has reached an agreement with Nexport to assemble bodies from the Alexander Dennis Enviro family, which will be mounted on electric bus chassis from BYD for the local Australian market.

Poland

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Order

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Hydrogen Fuel Cells

Konin to become first city in Poland with Solaris hydrogen fuel cell buses

By Jim Gibbins – 1st July 2021

Solaris has confirmed MZK in Konin will become the first public transport operator in Poland to add a hydrogen bus to its fleet.

USA

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Alternative Fuel Engines

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Agreement

Chevron and Cummins form alliance to explore viable alternative fuels opportunities

By Jim Gibbins – 1st July 2021

Chevron USA has signed a memorandum of understanding to explore a strategic alliance with engine manufacturer, Cummins, to develop commercially viable business opportunities in hydrogen and other alternative energy sources.

Italy

|

Achievement

Iveco celebrates production of 600,000th Eurocargo truck in Brescia as it invests in plant to make it carbon neutral

By Jim Gibbins – 1st July 2021

Iveco has celebrated the 600,000th Eurocargo produced at its Brescia plant, Italy. The milestone vehicle was powered by compressed natural gas.

Germany

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Mergers, Acquisitions & Disposals

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Battery Systems, Supercapacitors & Solar

BorgWarner completes purchase of EV battery manufacturing specialist AKASOL

By Jim Gibbins – 1st July 2021

June 2021 saw ABBA BidCo, a subsidiary of BorgWarner, acquire 89.08% of Darmstadt-based battery producer, AKASOL, for USD648m. 

Israel

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Mergers, Acquisitions & Disposals

REE Automotive completes merger with 10X Capital to secure placement on the NASDAQ Composite

By Jim Gibbins – 1st July 2021

REE Automotive has completed its merger with 10X Capital Venture Acquisition Corporation on July 22, 2021, following approval of shareholders.

Turkey

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Investment

TEMSA raises capital from parent companies to expand sales and product range

By Jim Gibbins – 1st July 2021

Bus and coach builder, Temsa, has received a capital injection of funds totalling TRL300m (USD34m) by its parent companies, Sabancı Holding and the PPF Group, thereby increasing its investment capital from TRL210m (USD24m) to TRL510m (USD59m).

Belgium

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Battery Systems, Supercapacitors & Solar

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Agreement

AKASOL gains new battery contract with Van Hool

By Jim Gibbins – 1st July 2021

AKASOL has signed a framework agreement to supply batteries to bus, coach and trailer builder, Van Hool NV of Koningshooikt, Belgium.

USA

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Electric Drive

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Agreement

Hyliion partners with FEV for electrified Class 8 truck development

By Jim Gibbins – 1st July 2021

Vehicle and powertrain hardware and software developer, FEV North America has entered a long-term agreement with electrified powertrain systems provider, Hyliion to support the design, development, integration, and production validation of their innovative Electric Range Extender for Class 8 tractor trailer applications.

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Truck & Bus Builder

Truck & Bus Builder is a specialist publishing company providing news and statistical analysis about the world commercial vehicle manufacturing industry.

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    • Body & Cab Components
    • Brakes & Braking Systems
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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
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    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
    • Transmissions
    • Wheels & Tyres
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