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Lyten completes acquisition of former Northvolt battery assets in Sweden

The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery research and development center in Europe.
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Krone unveils new LED lighting system for trailers

The three central light functions – tail light, brake light and indicator – are no longer separate, but combined in a single light chamber. These functions are supplemented by separate reversing lights and triangular reflectors. The rear fog light is located in the licence plate module. Intelligent ...
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Einride divests design organization, now acquired by Navisalma Design

The divestment was done through a business transfer at fair market value, based on an independent third-party valuation. Einride will retain a minority ownership stake in the company and has signed a three-year retainer agreement with Navisalma Design to provide for the Einride’s brand, design, and ...
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Petit Forestier to get €150 million finance contract from EIB

With these new vehicles built on European chassis frames, 5% of Petit Forestier Group's fleet will be electric. The project will thus contribute to the gradual electrification of road transport and urban distribution in Europe. "Accelerating the deployment of 4 000 vehicles over the 2026-2029 period...
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DAF celebrates 60 years of truck production in Westerlo, Belgium

DAF Trucks Vlaanderen started its activity in 1966, in Westerlo, with the production of truck cabs has grown into an ultramodern factory for both cabs and axles. Today, the axles and cabs of the newest DAF electric truck range are also produced in Westerlo.
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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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