In June, EV Consulting, part of FEV Group, published a study for the VDMA – a European network association in the mechanical and plant engineering sector – that predicts by 2040 the fuel cell components market for passenger cars in Europe would be worth EUR11bn annually, whereas globally this figure would be EUR75bn.

“Provided there is no surge in the number of new {coronavirus} infections and the associated countermeasures adopted by the countries; we are assuming a gradual recovery in our business activity in the second half of 2020.

Entry into the commercial register of the local court of Aschaffenburg means SAF-Holland SE has completed the transfer of its registered office from Luxembourg to Bessenbach with full legal effect.

Knorr-Bremse AG has been awarded a supply contract by trailer and bus manufacturer, NEFAZ, a subsidiary of JSC KAMAZ (Kama Automobile Plant).

Germany’s Federal Council (Bundesrat) on World Environment Day last month extended the motorway toll exemption for compressed and liquefied natural gas (CNG and LNG) heavy-duty trucks over 7.5 tons until December 31st, 2023.

Last month, Daimler AG, announced the Mercedes-Benz Global Logistics Centre was celebrating its 30th anniversary together with the inauguration of a new, state-of the-art warehouse complex

EvoBus Schweiz AG has moved to brand new premises in Winterthur, which bundles its entire know-how all together into one location.

Cummins Inc has agreed to form a joint venture with Dutch startup, NPROXX bv, a specialist in hydrogen storage and transportation, for hydrogen storage tanks with facilities in The Netherlands and Germany.

AB Volvo Penta, the marine and industrial powertrain division of the Volvo Group, has developed an electric driveline for fitment in a new fire truck built by fire service vehicle engineers, Rosenbauer Group.

Daimler Buses, a division of Daimler Trucks AG, as part of its previously announced strategic goal of expanding sales in South East Asia, has appointed local automobile manufacturer and dealer, Truong Hai Auto Corporation as its general distributor for Daimler Buses in Vietnam.

The Voith Group has added to its electronic components’ portfolio with the acquisition of ELIN Motoren GmbH from former parent company, Trasys.

Hankook Tire Europe has extended its contract with Europe’s largest trailer builder, Schmitz Cargobull AG.