The German company plans to develop 400-volt and 800-volt variants for its electric drive systems for passenger cars and commercial vehicles.

The company has broken ground on a new (EUR 85 million) 240,000 square foot (22,000 square meters) distribution centre in the city of Massbach, Bayern, Germany to support parts supply to DAF customers in Germany, Switzerland and France.

The new truck will go into production in Q4 2023 at the DAF factory in Eindhoven. The vehicles are equipped with a powerful e-motor offering nominal power in 120kW or 190kW ratings and a nominal torque rating of 950 and 1,850Nm respectively (2,600 and 3,500Nm peak performance).  

The company has produced and delivered over 28,000 units to date and, of these, around 85% are used for waste disposal applications, mostly across Europe.

The company announced that after signing an agreement to supply an Italian public procurement company with 80 e-Atak buses in 2021, it is set to provide another 320 electric minibuses, over the course of the next 18 months. The agreement covers Karsan’s six-metre e-Jest electric bus and the eight-metre e-Atak.

The X-treme material has been specially developed for commercial vehicle applications that are subject to very high mechanical stress. The material is suitable as a side wall element due to its resistance to hailstorms and resistance to UV radiation.

Siemens said that the acquisition, which would merge Heliox into its existing eMobility portfolio of charging products, will expand its coverage to DC fast chargers for trucks and buses.

From now on, Volkswagen will specify to its Tier 1 suppliers which semiconductors and other parts it would prefer in its electronic components.

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

The Coil Liner range includes four different types: the standard version for up to a 30-ton payload, the Coil Liner Ultra in lightweight design with cross beams, the shorter Coil Liner Compact for up to 30-ton payload, and the Mega Liner Coil in cross beam design.

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.

The company posted revenues of EUR 41.7 million in H1 2023. Ebusco’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) was EUR - 43.5 million leading to an overall loss of EUR - 35.8 million.