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Iveco Group launches Beyond Lab open innovation platform

The aim of the project is to connect startups, innovators and partners with Iveco Group to unlock breakthrough technologies and transform bold ideas into real-world solutions for the transport industry. “We are thrilled to support the development of startup ecosystems, fostering the disruptive ideas...
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MAN to deploy significant investment in European service network

It is the largest investment in European service network in the history of the truck maker. The company intends to use these resources "to create new bases in Europe, modernize existing locations, optimize regional coverage, further improve service quality, and continue to work intensively on making...

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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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Einride appoints former NVIDIA executive to the Board of Directors

The appointment of Gary Hicok, a former NVIDIA senior executive with more than 25 years of leadership and autonomous technology experience, "underscores Einride's extensive technical expertise and leadership within autonomous freight and its distinctive go-to-market strategy", stated the tech compan...
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The ACC joint venture withdraws gigafactory projects in Italy and Germany

The news was in the air, and has now been made official by partners Stellantis, Mercedes-Benz, and TotalEnergies. Italian trade unions have expressed disappointment and concern about the employment implications of ACC's decision. “The only way to safeguard the Termoli plant is therefore the immediat...
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Westport to carry on light-duty business divestiture

“This milestone payment reflects continued progress in the post-closing steps of our Light-Duty business divestiture,” commented Elizabeth Owens, Chief Financial Officer at Westport. “While additional payments are expected as the transaction phases are completed, this interim payment strengthens our...
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