Appointees include Dr Andrew Palmer as CEO and Executive Vice Chairman and Sarwant Singh Saini as Chief Planning Officer and President.

Following the merger and a USD490m transaction, Lion Electric began trading its equity shares on 7 May.

The German automotive corporation will spin off its various truck and bus brands into a separate company, which will be focused solely on the commercial vehicle industry.

Scania (Great Britain) Ltd will improve aftermarket maintenance and repair across 20 service centres in the UK.

Navistar and its International and IC Bus brands are now part of the Traton Group of commercial vehicle manufacturers.

Dana will acquire a 1% stake in the UK electric vehicle manufacturer and will become the preferred supplier for electric drivetrain components.

The two companies will collaborate on charging infrastructure, demonstrations, and R&D programmes in Spain.

The terms and conditions of Meritor's minority investment in the electrification retrofit company have not been disclosed.

XL Hybrid electric propulsion systems will be fitted in 24- and 27-foot ARBOC Freedom buses.

EV Dynamics will hold a 14% ownership stake in the German electrification retrofit company, with which it is collaborating in the development of EV components.

The Municipality of Oradea will trial Solaris buses using an Ultra-Fast Charger developed by Nidec ASI.

The buses, fitted with Symbio's "plug and play" hydrogen fuel-cell systems, are slated to become available from December 2021.