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We're happy to share the news that the second issue (the first in 2024) of Sustainable Truck&Van magazine is online. You can read all here or, if you're going to participate in ACT Expo 2024, Las Vegas, you'll be able to find it there!

Since its introduction in 2007, the Cascadia has improved its fuel efficiency by more than 35 percent. In addition, the battery electric Freightliner eCascadia, which launched in 2022, has today driven over 6 million miles with customers across more than 50 fleets in the U.S.

As Gerrit Marx will leave the Group to take up his appointment as the CEO of CNH Industrial, Persson, who is currently an Iveco Group Board Independent Director, will step in to the role of CEO on 1st July, 2024.

Herbert Robel and Hansjörg Cueni wree elected as new members of Quantron AG's supervisory board, still led by Klaus Schmitt. The total number of members was increased from seven to nine, necessitating a new election for the two positions with a supplementary election.

Musk told employees with an internal message that the workforce reduction is inevitable and foresees quite difficult times for the company and the whole economy. Apparently, war prices over electric vehicles and the difficult challenge posed by Chinese manufacturers is affecting the global brand.

The plant, expected to be operational in 2026, will provide additional capacity to support the growth plans of both Volvo Trucks and Mack Trucks in the U.S. and Canadian markets, and support Mack truck sales in Mexico and Latin America.

Highlights

BRIST's 2-speed transmission is aimed at increasing battery life, as well as optimizing vehicle performances, above all when harsh and challenging missions are required. BRIST also provides a full range of axle models for medium-duty commercial vehicles, with both independent and rigid suspensions, ...

With quite impressive e-truck market share in both Europe and North America, Volvo Trucks is a benchmark in medium- and heavy-duty vehicle electrification. Nevertheless, the Swedish brand’s overall strategy does not neglect renewable fuels or biogas, with hydrogen on the background. We had a thoroug...

Upon the closing of the proposed transaction, ElectraMeccanica shareholders will own 23.5% of the combined company and Tevva shareholders will own 76.5% of the combined company on a fully diluted basis. At closing of the proposed transaction, the combined company will operate as Tevva, Inc., and is ...

As part of this cooperation, Nissan has confirmed its intention to become a strategic investor in Ampere, Renault Group’s new EV and software entity in Europe. Renault Group and Nissan will retain cross-shareholdings of 15% with lock-up and standstill obligations. Renault will transfer 28.4% of its ...

In this role, Volker Ritzert replaces his predecessor Sven Bauer, who will in the future focus on steering the global fortunes of the entire corporate group as Group CEO.

The Geely Holding Group brand established the largest ever single-round of financing in China's new energy commercial vehicle sector. The company will utilize its new funds for further R&D, ecosystem development and global expansion.

The new company, which may be headquartered in the UK, will include 17 engine plants and 5 R&D centers in 3 continents with 19,000 employees in a full fledge effective organization strategically structured to provide powertrain solutions for multiples OEMs. Also in the light commercial vehicle secto...

In addition, ChatGPT can support Mercedes-Benz quality engineers in identifying faults by clustering data. For example, with the help of ChatGPT, complex evaluation and presentations of production-relevant data and quality management are significantly simplified for employees.

According to Reuters, the Chinese company would rely on the support granted by the local government in order to 'fill the gap' left by Ford, which dismissed in 2021 its industrial complex in Northeastern State of Bahia, Brazil.

Reimann brings over 25 years of experience of heading international financial organisations and a proven track record of delivering financial results and successfully implementing change management strategies. Two more additions have been communicated.

The site, devoted to the production of battery packs for both trucks and buses, will have the target to make about 100,000 battery packs per year, with a total investment of 100 million euros.

As stated by the company itself, "Nikola conducted a thorough review of its organizational structure and made the difficult but strategic decision to reduce its headcount, which is expected to decrease personnel-related cash spend by more than $50M annually".

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News

Latest articles

Sustainable Truck&Van Magazine: new issue (May ’24) out now!

Freightliner celebrates production of one million Cascadia trucks (now also electric)

Iveco Group will soon have a new CEO. Olof Persson to replace Gerrit Marx

Quantron AG to enhance its supervisory board by adding two experienced professionals

Tesla to cut about 10% of its workforce due to global sales fall

Volvo Group will build new heavy-duty truck factory in Mexico

Highlights

BRIST enhances its portfolio of solutions for the medium-duty segment. Let’s discover more about 2-speed transmission

Sustainable Truck&Van Magazine: new issue (May ’24) out now!

Taking the lead in energy transition. Exclusive interview with Volvo Trucks President, Roger Alm

News

Tevva to merge with ElectraMeccanica: electric medium- and heavy-duty segment in the spotlight

Alliance, Renault and Nissan will successfully conclude framework agreement by the end of 2023

BMZ Germany welcomes Volker Ritzert as new CEO, effective August 1st

Chinese commercial vehicle manufacturer Farizon Auto raises $600 million in funding

Renault and Geely will launch joint powertrain technology company. Agreement signed

Mercedes-Benz will test ChatGPT AI tool in vehicle production

BYD may start building electric vehicles in Brazil

Zero emission trucks, Quantron announces Beate Reimann as new CFO

Battery production, MAN’s Nuremberg plant will be partially funded by the Bavarian State Government

Nikola to further adjust its business plan: workforce reorganization will cut about 270 jobs