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Volkswagen Truck & Bus enters van market with new VW Tempest range

Volkswagen Truck & Bus, part of the TRATON Group, is entering the van and light commercial vehicle segment with the new VW Tempest family. Developed in partnership with Chinese manufacturer SAIC Maxus, the range includes four body configurations and represents an investment of approximately R$300 mi...
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Tata Motors’ takeover bid for Iveco Group clears 80% acceptance threshold

Tata Motors' takeover bid for Iveco Group has reached 87.81% of the company's ordinary share capital, exceeding the minimum acceptance threshold of 80%. The offer is now unconditional, with shareholders receiving €14.40 per share. The acceptance period will reopen from November 2 to 6, ahead of the ...
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Volta Trucks close to get €40 million venture debt funding from EIB

The funding from the EIB would support the roll out of Volta Trucks’ Truck as a Service (TaaS) infrastructure over the period 2023-2026. The aim of the European Investment Bank’s funding support for Volta Trucks is to contribute to the electrification of the road transport sector, by facilitating el...
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Daimler Truck and Siemens join forces on digital engineering platform

Such an environment brings together and integrates the Daimler Truck teams’ workflows, systems and their associated mechanical design, electrical design and simulation data. This expands upon Daimler Truck’s use of solutions from across the Siemens Xcelerator portfolio, including NX software for pro...
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