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Charging system specialist Kempower announces new CEO Bhasker Kaushal

He will replace former CEO Tomi Ristimäki, who decided to step down. Bhasker Kaushal boasts more than 20 years’ experience with global companies, driving strategy development, services, technology leadership and delivering revenue growth. "Kempower is now ready for its next growth phase and I’m trul...

Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
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Cummins launches new line of remanufactured brake callipers

According to Cummins, "the remanufacturing process is more environmentally friendly, as it reduces the need for raw materials and minimises waste". This meticulous approach allows Cummins to deliver high-quality callipers at a lower cost versus new ones, providing significant savings for European fl...
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Scania to launch new venture capital fund

Following its successful predecessor, Scania Growth Capital II "will continue the focus on the most attractive companies and entrepreneurs in the B2B tech space", according to the Swedish group.
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Scottish Munro Vehicles’ electric 4×4 to be unveiled early in December

Designed and built in Britain, the Munro will be the first vehicle to enter volume production in Scotland in more than four decades. The e-vehicles is addressed to numerous sectors including construction, agriculture, mining, forestry, mountain rescue, remote infrastructure maintenance, and leisure
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