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

The company has opted for a dual leadership structure in order to enhance management efficiency and strategic decision-making, focusing on sustainable growth and profitability.​

He succeeds Chan Galbato, who has stepped down from the chairmanship to “pursue other opportunities”.

This leadership change reflects growing collaboration between the companies, which have worked together since 2018. Gotion’s advanced battery technology and strong presence in Asia are expected to support Ebusco’s innovation, expand its market reach and enhance financial stability.

The company has appointed Joseph Fadool as its new President and Chief Executive Officer, succeeding Frédéric Lissalde, who has retired but remains in an advisory role until August 2025.

He will be replaced as CEO of Maxion Wheels by Mark Gerardts, who is currently the business unit president for Europe, the Middle East, and Africa.

Dr Holger Engelmann, the incumbent CEO and chairman, will leave the company on 31 March.

Breidenbach replaces Dr Heinrich Hiesinger, who will leave the company.

Parmeshwaran Iyer is responsible for developing and optimising the company's global supply chain operations in terms of its production and logistical management to drive growth and competitiveness.

Anckaert has held several roles in the company over the past 25 years, including vice president of Commercial Europe, vice president of Consumer Replacement Europe and most recently vice president of the Europe, Middle East and Africa Consumer business.

Ijaz’s reappointment coincides with the closing of ONE’s latest funding round, which was led by Crescent Ventures LLC.

Rådström was appointed to the board on 1 January, joining John O’Leary, president and CEO of Daimler Truck North America; Stefan Kürschner, CFO of Daimler Truck NA; and Peter Vaughan Schmidt, the CEO of Torc.