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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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Nissan to join ACEA from the beginning of 2024

“We are pleased to welcome Nissan to our fold, whose membership will further strengthen the European vehicle industry’s collective voice at this critical juncture for our sector,” stated Sigrid de Vries, ACEA Director General.
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Tevva and ElectraMeccanica won’t join forces anymore

"Earlier this month (4 October 2023), Tevva Motors Limited (Tevva) was informed by ElectraMeccanica Vehicles Corp. (ElectraMeccanica) that it no longer intended to continue with the merger agreement, citing incurable breaches", we read in their statement.
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