Knorr-Bremse AG, based in Munich, Germany, has signed a contract to acquire a majority stake in Spanish connectivity and digitalisation specialist Cojali S.L., based in Campo de Criptana. The signed contract values the 55% stake in Cojali at EUR200 million.

Volvo's electrification-focused business unit invested approximately SEK50m in exchange for a 10% stake in Connected Energy, a British firm providing services related to second-life battery storage and use.

Werth will take up his role as Chief Commercial Officer alongside his current position as Managing Director of Fuze Finance, an asset finance company owned by Jo Bamford, who also owns Wrightbus.

The SWITCH EiV 12, whose design is akin to that of the recently-launched ‘e1’ bus for the European market, has already been available for some time in India, with orders currently standing at over 600 units.

Prevost is developing the new coach and retrofit kit through a forgivable loan of CAD15.15m and a grant of CAD7.5m from the Government of Quebec, through its investment firm Investissement Québec.

Rachner joins the company from Mercedes-Benz and will be responsible for setting up and expanding the international sales team and growing the number of sales partners.

Smart battery systems for sustainable electromobility, Forsee Power SAS of Paris has acquired shares in NEoT Capital from Mitsubishi Corporation giving it joint ownership with EDF.

The ProTec Independent Front Suspension, which has a gross axle weight rating of up to 20,000 lbs and twin tube performance dampers, is the first Meritor has designed specifically for the ride quality and heavy load requirements of coaches. 

Investments to restructure and expand production and in new zero emission technologies at Otokar leads to more jobs at Sakarya, Turkey in 2022

Atwal will retire at the end of the year to pursue "personal interests", to be replaced by current CEO of London Electric Vehicle Company Joerg Hofmann. 

Volvo Bus UK & Ireland changes electrification strategy for the right hand drive markets of the UK and Ireland to offer new e-chassis and body combination for both single deck and double deck with Egypt’s MCV.

The Canadian company will work together with Aluminium Revolutionary Chassis Company to develop and manufacture Australia’s first zero-emissions bus with a full-length aluminium chassis.