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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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Luca de Meo (Renault) will be the new ACEA president in 2023

Luca de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. The ACEA President is elected for a year-long term, once renewable, from the CEOs of its member companies – the major Europe-based car, van, truck and bus manufacturers.
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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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