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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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Latin America, Volkswagen Truck & Bus celebrates the 45th anniversary

Throughout its history, the company has put more than 1,250,000 vehicles into circulation, 196,000 of which are on the road worldwide. "Who is behind these successful figures are approximately 5,500 employees divided between VWTB’s factories and operations in Brazil, Mexico, and Argentina", stated V...
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Let’s get familiar with GIGA (Green Industrial Grids Association)

The association has been created "to support a fundamental transformation of Europe’s power system by accelerating the development of modern and digital electricity grids". GIGA’s members include Amazon, Electra, Fastned, Google, Hitachi Energy, Linde, Meta, Metlen, Milence, Microsoft and Siemens En...
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The Sono Motors solar business gets funding commitments by new investors

The investments granted by Yorkville (YA II PN, Ltd.) are expected to enable the company to restructure itself, emerge from its self-administration proceedings that have been ongoing since May 2023. The company managed to "obtain sufficient financing for business operations through at least the end ...
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German retrofit specialist pepper motion to enter the Indian market

The plan is to build a fully integrated vertical production facility, similar to Tesla, for the conversion of diesel buses and trucks as well as the construction of new vehicles, including battery production of up to 20 GWh. About 600 million US dollars will be invested.
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Sustainable Truck&Van magazine. The first issue is online. Read it here!

Sustainable Truck&Van Magazine, freely available online in its digital version and distributed at the major international exhibitions, starting from the upcoming Solutrans in Lyon, is intended to be a further step in a sustainable journey that will always see us acting as frontrunners. Enjoy your re...
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