The American retrofit firm raised over USD20m in the first tranche of a funding round led by Texas-based Reynolds Capital, the investment arm of dealership software firm The Reynolds and Reynolds Company.

For a fixed fee, which can be spread over 60 months and bundled with a vehicle lease, customers are given access to remote diagnostics and programming services which update vehicle software over-the-air and identify potential faults with truck components.

Eaton unveiled new products in its aftermarket mobile power portfolio, including a new electrified power takeoff (ePTO), an FR2 twin-flow piston pump and an 8-bolt adapter for Detroit DT12 transmissions.

The 844,490-square-foot facility, which will be used to scale up production of a new electric refuse truck, expands on the existing production capacity of Oshkosh and its subsidiary, McNeilus, in the state.

The Class 6-7 MD Electric series of trucks - the zero-emission equivalent of the MD Series launched in 2020 - will be supplied with SEA-Drive power systems over a five year period.

Total net sales came to USD2,769 million, up 15% from USD2,402 million in 2021

Part of a series of features on the tech industry and its impact on commercial vehicles, this piece looks at established firms and start-ups based around Toronto and in the Regional Municipality of Waterloo, both situated in southern Ontario, Canada.

Algolux specialises in perception software to improve computer vision for advanced driver assistance systems and autonomous vehicles.

With an initial annual capacity of 60 vehicles per year, the new site dedicated to the production of this specific electric truck has aided in the development of the latest ie truck platform. When compared to previous generations, the latest ie truck is 20% lighter in GVW, has improved batteries and a more powerful powertrain that allows for a greater range.

With Fernride’s technology, drivers will be able to “teleoperate” the tractors – that is to say, they will be able to drive them remotely – and take advantage of assistance systems that Terberg and Fernride will “gradually” develop in order to make the vehicles more and more autonomous.

The two companies have agreed to a pilot phase during which Ecobat will maintain and repair lithium-ion batteries for Tevva’s customers - with scope to expand the partnership to additional energy storage and battery recycling services.

Hofmann, who has previously worked for Volkswagen, will lead the development of Volta Trucks’ Digital Platform.