The implied enterprise valuation of "QEV NV" is EUR209m, and approximately EUR23m in capital has been committed to the proposed transaction.

Mullen is suing brokers such as the Charles Schwab Corporation and its subsidiary TD Ameritrade, National Financial Services, and others whom it alleges conspired to manipulate the share price of Mullen on the NASDAQ.

The BharatBenz Certified initiative will undertake the refurbishment of pre-owned BharatBenz vehicles with a 125-point quality check that will lead to a thorough technical check, repair and restoration of the vehicles.

Representing an investment of approximately USD170m, the 200,000-square-foot plant will produce up to 100,000 high-pressure hydrogen vessels annually when it is completed.

This product announcement follows on from a Memorandum of Understanding (MoU) for long-term collaboration signed in January 2022 to develop autonomous vehicles.

The new 17.1-kW 600VDC to 24VDC liquid-cooled converter boasts a much greater electrical efficiency at 96-98%, thanks to its silicon carbide semiconductors.

The two companies are working together to launch trials of Plus’s Level 4 autonomous Iveco trucks, together with “smart road infrastructure”, in the Australian state of Victoria. 

The new inverter is an overhaul of the old design, making it better suited to commercial vehicle uses and more compliant with the latest cybersecurity requirements; that is according to Manuel Calero, Voith’s new vice president for E-Mobility who came into his role in February 2023.

Called ‘Turnkey Solutions’, the new service pairs signed-up customers with their local Volvo Trucks dealer, who will help them to set up their own charging infrastructure.

11,174 units were registered in total, making for a fifth consecutive quarter of growth, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).

Schaeffler’s specially designed bipolar plates provide a power density of 4.6 kW per litre of fuel cell volume, 20% greater than the company’s previous generation of plates.

Eicher and Valvoline have been associated since 2019 for the supply of Eicher Genuine Lubricants.