The agreement, which was signed at the end of July, is aimed at expanding its business within China’s electric drive axle market.

This vehicle is Switzerland's first driverless public transport vehicle, set to operate on a 2.2-kilometre route in Arbon at a speed of 30 km/h.

The slower-than-expected transition to electric vehicles is one of the main factors behind the decision to restructure the business, though Northvolt’s CEO and co-founder, Peter Carlsson, said, “there remains no question that the global transition towards electrification — and the long-term outlook for cell manufacturers, including Northvolt — is strong”.

The company cut 300 jobs in the U.S. and Canada amid financial pressure as it seeks profitability. The cuts came in the manufacturing and administrative segments of the business.

The funding will cover both the purchase of electric buses and the installation of necessary charging infrastructure. Each school bus can receive up to USD 470,000 in grants, which includes up to USD 95,000 for charging infrastructure.

In this new management role, Oh will be tasked with leading the enterprise digital and information technology department at the company.

The ’CoacH2’ project, worth GBP1.2m and including partners such as Translink and Queen’s University Belfast, aims to produce an electric vehicle which can meet the demands of coach operation, including heavy payloads and long-distance routes.

Generative AI is a type of artificial intelligence used to create entirely new solutions within a specific field.

In a press release announcing its half-year results, VDL Groep stated its intention to “strengthen” its bus and coach subsidiary through North American access and the acquisition of Van Hool’s factory in North Macedonia, where it produced vehicles for the NA market.

The TVS dealerships are in the National Capital Region (NCR) in northern India; two in Faridabad and the other in Greater Noida.

Michelin India says the MICHELIN X Multi Energy Z+ is a ‘Make in India’ tyre meaning that it has been engineered in India for Indian road and load conditions

With the upcoming IAA Transportation event in Hanover, Germany (September 17-22), just around the corner, a company that is hoping to make a splash is Italian powertrain manufacturer, FPT Industrial (a wholly-owned subsidiary of the Iveco Group).