The joint venture’s primary objective will be to build the “non-differentiating core” of the software-defined truck: a standardised digital platform and dedicated commercial vehicle operating system which will be open to Daimler and Volvo’s competitors.

The company says it has initiated cost cutting measures to decrease its expenses by approximately 55% to an average of USD2.7m per month, with the aim of maintaining the business as a going concern beyond the next twelve months.

When charging points are connected to the system, energy is distributed in a way that “ensures the constant availability of power” to each vehicle, according to Swarco brand Evolt Charging.

For Forsee Power, the partnership expands its footprint in the North American market, aligning with its strategy to invest in its North American operations in order to provide localised production for its customers.

This strategic move underscores Valeo’s commitment to supporting India’s electric mobility transition.

New company to help improve competitiveness of battery-powered trucks

Its e-services portfolio includes enhanced digital fleet solutions, depot infrastructure, and turnkey electrification support services to its customers.

Our press visit to BorgWarner’s cutting-edge Gigafactory in Darmstadt, Germany revealed a company that is rapidly accelerating toward the future by betting big on electrification!

Kontrolmatik has agreed to deliver 2 GWh of cells in 2026 and 5 GWh in 2027 to ONE, which will assemble them in battery modules and packs in Michigan.

Following shareholder approval, Plus will enter into a business combination that will generate up to USD300m in gross proceeds while also giving it access to the public financial market.

Volvo’s new ‘Safety Zones’ feature, available through its ‘Volvo Connect’ digital services, allows operators to “geofence” certain locations, such as a port or a logistics centre, and assign specific speed limits (20 km/h and above).

These tyres feature a new tread design which reduces rolling resistance and noise and improves traction, offering robust performance in the most demanding conditions while realising fuel savings, according to Michelin.