Colorado-based Lightning Systems, a developer of zero-emission drivetrains, has raised USD41m in equity, debt and working capital funding from existing and new investors.

Global demand for trucks started to weaken in the second half of 2019 and this trend is set to continue in 2020 and 2021, stated Zita Zigan, director of global commercial vehicle forecasting at LMC Automotive Ltd.

November saw the name of the Workhorse Group’s next generation electric delivery vehicle change to the C1000; this EDV was previously known as the Workhorse N-GEN.

FPT Industrial, the powertrain division of CNH Industrial, has signed a Memorandum of Understanding with battery producer, Microvast, aimed at an industrial and commercial co-operation to enable FPT Industrial to design and assemble battery packs in-house, at its facility in Turin, which would be then be offered on CNH Industrial vehicles and to third-party customers.

Electric commercial vehicle builder, Workhorse Group Inc is adding modular battery systems produced by Indianapolis-based EnerDel Inc to its portfolio.

Jacobs Vehicle Systems, a manufacturer of heavy-duty diesel engine retarding and valve actuation systems, has shipped its first engine brake from its newly opened European facility, near Brno.

Three months’ on from the strategic and exclusive heavy-duty truck partnership signed between CNH Industrial NV and Nikola Corporation, the partners, in Turin this month, announced it was now giving maximum priority to the development of its European business.

Nikola is now the new brand name for heavy-duty battery electric and hydrogen fuel cell tractor units from Iveco in Europe.

Hino Motor Sales Australia Pty Ltd has noted a high uptake of Allison’s fully automatic transmission (Allison 3200 series 6 speed with electronic control) being specified in its medium-duty Hino 500 Series truck sold in Australia.

Electric truck builder, Workhorse Group Inc, has entered into an intellectual property licensing agreement with Lordstown Motors Corporation - a private corporate entity founded by former Workhorse CEO, Steve Burns.

International Truck is to fit the Allison 1000 HS automatic transmission with Neutral-at-Stop as standard equipment on the Class 6/7 International MV Series, beginning in Q1 2020.

Brake, axle and drive systems supplier, Meritor Inc of Troy, has reported strong results for its fiscal year ending September 30, 2019: It posted sales of USD4.4bn, up by almost 5% on USD4.19bn in the previous year.