The plan is to list a joint holding company in 2026.

Kohlmeier succeeds Stefan Thyssen, who returns to Munich to take up a new role in the company.

The companies have agreed to manufacturer ‘Swift’ semi solid-state batteries at Mullen’s Fullerton facility in California, a 1-GWh site which it opened in 2023.

Exports by Brazilian commercial vehicle manufacturers grew by 75.8%, according to figures released by ANFAVEA.

Available as a 9-tonne, 11-tonne, or 15-tonne truck, the new Atlas range is fitted with driver and passenger airbags, which Otokar claims is a first for its segment in the Turkish market.

The prototype, dubbed ‘Alumotor’, is a synchronous reluctance motor which does not require rare earth metals or cobalt in order to work.

All except for the high voume heavy-duty truck segment grew.

At the plant inauguration, MAN announced that it would invest a further EUR150m to kickstart production of battery modules, i.e., assembled battery cells which are installed in the packs.

In the first quarter of 2025, 27,749 trucks and 5,528 buses were registered on the Brazilian market.

Made for incorporation in an air conditioning system in a passenger car or commercial vehicle, the radial fan is 15% more efficient and 60% quieter than a conventional design, according to Mahle.

Deal focused on market development and aftersales support in South Korea.

The Brazilian truck market in the first quarter (January to March) this year increased by 4.8% to 27,121 registered vehicles, compared with the 25,871 registered in the same period of 2024.