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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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Latin America, Volkswagen Truck & Bus celebrates the 45th anniversary

Throughout its history, the company has put more than 1,250,000 vehicles into circulation, 196,000 of which are on the road worldwide. "Who is behind these successful figures are approximately 5,500 employees divided between VWTB’s factories and operations in Brazil, Mexico, and Argentina", stated V...
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Let’s get familiar with GIGA (Green Industrial Grids Association)

The association has been created "to support a fundamental transformation of Europe’s power system by accelerating the development of modern and digital electricity grids". GIGA’s members include Amazon, Electra, Fastned, Google, Hitachi Energy, Linde, Meta, Metlen, Milence, Microsoft and Siemens En...
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Michael Lohscheller is Nikola Motor’s new president

«It goes without saying that hydrogen fuel cell and battery-electric zero-emission vehicles are the future of mobility, and I am extremely proud to be joining a company that is paving the way for this global transformation», stated Lohscheller. «My career has prepared me well to achieve the ambitiou...
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Thierry Piéton becomes CFO of Renault Group

In February 2020, Thierry Piéton became Deputy Chief Financial Officer and SVP, Controller, Renault Group. On January 1, 2021, he was appointed Renault Brand Finance and a member of Renault Group Corporate Management Committee.
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There won’t be a Valeo Siemens eAutomotive joint venture anymore

Valeo and Siemens have achieved the joint target of building a globally recognized player in the field of electric mobility, now providing the right timing for Siemens to transfer its stake in VSeA to its partner. According to Siemens, single ownership has been an intended option of the joint ventur...
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