The two companies plan to integrate Rocsys’ ‘ROC-1’ hands-free charger with Aidrivers’ autonomous digital infrastructure which allows terminal tractors to drive themselves safely in the port.

The deal, understood to be worth KRW13trn (USD9.4bn), comes a year after the two companies decided to scrap plans to build a battery manufacturing joint venture in Turkey due to weakening demand for electric vehicles (EVs) in Europe.

At last year’s Busworld, Voith Turbo celebrated the 70th anniversary of its ‘DIWA’ line of automatic transmissions for urban and suburban buses. The German manufacturer had just brought out the latest addition to the DIWA range, the ‘DIWA NXT’. This reimagining of the city bus transmission, incorporating a mild hybrid system (optional), appeared on the scene when it still seemed that fully electric was the only way to go. Markus Bischoff – who is responsible for the DIWA product line – believes the company made a “brave decision” in supporting the development of the mild-hybrid transmission; today, he feels vindicated by the resurgence of interest in hybrids. “The main request we get from our customers,” Bischoff told Truck & Bus Builder, “is affordability.”

Justifying the choice, Workhorse said that Siemens’ software meant it could eliminate the “costly” multi-computer-aided-design environment it relied on before.

In collaboration with Hyundai Motor Company, the company launched the E-WAY H2, a 12-metre hydrogen fuel cell electric city bus, which first debuted at Busworld Europe in 2023.

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

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

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

Silvero will oversee expansion of the Latin Parts Centers (LPC), the manufacturer's logistics center located in Vinhedo (SP).

The companies are set to develop a fully electrified refrigerated trailer that aims to reduce emissions in the cold chain logistics industry.

By restructuring the business, Northvolt hopes to raise a total of USD245m in new financing, including USD145m in cash collateral and USD100m of debtor-in-possession finance from an existing customer.

The ten ‘Endurance’ TRUs were the first to be produced at the company’s new headquarters and production facility in Leatherhead.