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Tata Motors to complete Iveco Group acquisition by Q3, 2026

The entire operation was announced more or less one year ago. The news comes from several media platforms, including Indian ET Auto. The international website quotes Tata Chairman N Chandrasekaran, speaking at the company's annual general meeting.

Scania deploys first hybrid trucks in the Defense sector

At Eurosatory in Paris, Scania handed over the first of three hybrid trucks to FMV (the Swedish Defence Materiel Administration) as part of a joint development project. Indeed, FMV purchased the vehicles with the aim of testing and further developing the technology "in close dialogue between industr...

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Nikola has acquired electrification specialist Romeo Power

In the meantime, a few days ago Nikola founder and former CEO, Trevor Milton, was found guilty of three out of four counts of fraud in the U.S. Milton was charged with making fraudulent statements to drive up the value of Nikola’s stock.
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Gustav Sundell is the new Head of Mobility Solutions at Scania

Mobility Solutions, which includes the wholly-owned subsidiary LOTS Group, is a unit that was formed in the spring of 2021 with the purpose to capture market opportunities in the future transport ecosystem. The unit is driving the development of new business models outside the current core business.
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Ready to cross the Atlantic Ocean: Quantron to expand to North America

Quantron wants to achieve 50% of its turnover in the North American market by 2025, as the demand for hydrogen-powered vehicles especially in the U.S. is defined as "strong". Indeed, the Biden-Harris Administration has annnounced a $8 billion funding opportunity to create regional clean hydrogen hub...
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Hydrogen Engine Alliance meeting hosted by Cummins at IAA Transportation

“We are convinced that the hydrogen engine will make a significant contribution to the decarbonisation of the commercial transportation industry", stated Andreas Kufferath on behalf of the Hydrogen Engine Alliance. "The technology is manageable and the development effort is straightforward in many a...
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