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Lyten completes acquisition of former Northvolt battery assets in Sweden

The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery research and development center in Europe.
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Krone unveils new LED lighting system for trailers

The three central light functions – tail light, brake light and indicator – are no longer separate, but combined in a single light chamber. These functions are supplemented by separate reversing lights and triangular reflectors. The rear fog light is located in the licence plate module. Intelligent ...
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Einride divests design organization, now acquired by Navisalma Design

The divestment was done through a business transfer at fair market value, based on an independent third-party valuation. Einride will retain a minority ownership stake in the company and has signed a three-year retainer agreement with Navisalma Design to provide for the Einride’s brand, design, and ...
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Petit Forestier to get €150 million finance contract from EIB

With these new vehicles built on European chassis frames, 5% of Petit Forestier Group's fleet will be electric. The project will thus contribute to the gradual electrification of road transport and urban distribution in Europe. "Accelerating the deployment of 4 000 vehicles over the 2026-2029 period...
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DAF celebrates 60 years of truck production in Westerlo, Belgium

DAF Trucks Vlaanderen started its activity in 1966, in Westerlo, with the production of truck cabs has grown into an ultramodern factory for both cabs and axles. Today, the axles and cabs of the newest DAF electric truck range are also produced in Westerlo.
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Sustainable transport, CEVA Logistics launches FORPLANET sub-brand

The new suite of CEVA FORPLANET logistics solutions enables customers to reduce the environmental impact of their supply chains by leveraging a range of low carbon transport and circular economy solutions. CEVA FORPLANET solutions also provide precise data and CO2e calculations to ensure proper rep...
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Scania Group announces new CFO: Do Young Kim to replace Jonas Rickberg

Do Young Kim replaces Jonas Rickberg, who is leaving Scania to become CFO of Skanska Group. Currently CFO for International (previously known as Navistar, a sister company belonging to the TRATON Group), Kim a will also be a member of the Executive Board, reporting to CEO Christian Levin.
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BorgWarner will have a new CEO from February 2025

I believe BorgWarner’s world-class product portfolio, innovative and customer-centric culture, and strong operating model position the company well to drive favorable business results for many years", commented current BorgWarner's COO, Joseph Fadool.
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