American Axle & Manufacturing Inc of Detroit, Michigan, a supplier of drive axles and metal forming technologies, and ‘electric skateboard chassis builder,’ REE Automotive of Tel Aviv, Israel, have agreed to develop jointly a new electric propulsion system for commercial vehicles.

REE Automotive Ltd of Tel Aviv, Israel, an electric ‘skateboard’ chassis builder - which integrates critical vehicle components into the arch of the wheel - and special purpose acquisition company, 10X Capital Venture Acquisition Corporation of New York, USA, are to merge following agreement in January for a business combination that would result in REE Automotive becoming a publicly listed company of the New York NASDAQ.

Hino Motors Ltd of Hino-shi and ‘electric skateboard chassis builder,’ REE Automotive (REE*) of Tel Aviv, Israel, have signed a strategic business alliance agreement to realise their shared vision of “providing new value to society through next-generation commercial mobility.”

Paris-based transport operator, Transdev Group, is planning to introduce autonomous shuttles into global transport systems starting in Europe.

Daimler Buses has gained its largest ever bus order from Israel following a successful tender bid for a total of 415 city and inter-city buses.

Volvo Group Venture Capital AB has invested an undisclosed sum in Next Gear Ventures of Tel Aviv, Israel – a venture capital fund sourcing start-ups for interaction with global transport industry companies.

Temsa SA, the bus, coach and light truck manufacturer, is seeking to expand its business area into Israel.

Eberspächer Climate Control Systems GmbH has begun forging stronger relationships with Chinese electric bus manufacturers.