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

Austria

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Battery Electric

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Order

MAN receives order for 27 battery electric buses from Austrian private operator

By Bradley Osborne – 1st December 2024

The German manufacturer says the order for 27 battery electric buses from Ledermair is the largest order for electric buses the company has received thus far from a private operator in Austria.

USA

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Agreement

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Distribution & Aftermarket

Shyft Group expands Blue Arc dealer network by 75 locations

By Bradley Osborne – 1st December 2024

The group has signed distribution agreements with two truck-trailer dealers, Ascendance Trucks LLC of Boca Raton, Florida and Allegiance Trucks LLC of Stamford, Connecticut.

Brazil

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Sustainability

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Battery Electric

Volvo begins supply chain logistics with electric trucks in Brazil

By Jose Secco – 30th November 2024

Market introduction of electric trucks by Volvo started in 2019; since then there are currently 4,200 Volvo electric trucks in operation in 48 countries.

Belgium

|

Battery Electric

|

Tender

Solaris wins tender for 45 double-articulated buses for Liège

By Bradley Osborne – 30th November 2024

The ‘Urbino 24’ double-articulated buses will serve on bus rapid transit routes in the city.

South Korea

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Battery Systems, Supercapacitors & Solar

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Restructure

ONE closes South Korea office

By Bradley Osborne – 30th November 2024

Established last year, ‘Our Next Energy Korea Ltd’ was based out of an office in Hwaseong and employed less than ten people.

USA

|

Autonomous Vehicles

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Investment

Outrider raises USD62m to commercialise self-driving terminal tractors

By Bradley Osborne – 29th November 2024

The company willl use the newly-raised capital to commercialise its technology, starting next year in distribution centres.

USA

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Battery Electric

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Manufacture

MCI builds first battery electric coach at Pembina facility

By Bradley Osborne – 29th November 2024

Parent company NFI has made “significant” investments in infrastructure and workforce at the site, including the installation of chargers, expansion of storage and commissioning areas, and retraining of staff, in order to prepare the facility for electric coach production.

Germany

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Agreement

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Electric Charging

Traton partners with Hubject for EV charging network platform

By Bradley Osborne – 29th November 2024

Customers of MAN and Scania who make use of MAN ‘Charge&Go’ or Scania ‘Charging Access’ will now be able to use Hubject’s ‘Intercharge’ network of charging points.

South Korea

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Achievement

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Fuel Cell Electric

Sales of Hyundai’s HFC Elec City bus exceeds 1,000 units

By Will Pulson – 29th November 2024

The Elec City is powered by a 180-kW fuel cell system, feeding off an 875-litre hydrogen tank to charge its 78.4 kWh high-capacity battery pack.

Norway

|

Investment

Hexagon Purus raises USD 91 million from private placement share offering

By Luke Willetts – 29th November 2024

This so called ‘accelerated bookbuilding process’ created 145,000,000 shares in a “private placement” fund at NOK 6,90 (0.63 USD) per new share. The capital raised will help the company meet its 2025 goals, namely getting a few hundred Tern trucks out the door and ramping up production.

UK

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Agreement

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Distribution & Aftermarket

EVM UK takes on Ferqui distribution in the UK market

By Jim Gibbins – 28th November 2024

EVM UK, now with the Ferqui brand added to its portfolio, the company now represents a total of nine European mini and midi bus and coach brands.

USA

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Hybrid

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HVAC Systems

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Agreement

Modine supplying thermal management systems for Gillig hybrid buses

By Bradley Osborne – 28th November 2024

Modine says that, since 2023, Gillig has deployed over one hundred hybrid buses installed with Modine’s EVantage system.

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