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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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EV charging, Michael Halbherr is the new Chairman of ABB E-mobility

«We are delighted to have Michael joining our exciting E-mobility story as a recognized authority in the mobile technology and automotive industries», said ABB CEO Björn Rosengren. «We are also excited to put in place a new Board of Directors to govern the division in the spirit of an agile and fast...
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UK, Britishvolt and Glencore will cooperate to enhance battery recycling

Once complete, the plant will be Glencore and Britishvolt’s first battery recycling facility in the UK with an expected processing capacity of a minimum of 10,000 tonnes of lithium-ion batteries per year, including but not limited to valuable battery manufacturing scrap, portable electronics batteri...
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Daimler AG renamed Mercedes-Benz Group AG. Focus on vans and passenger cars

«The Mercedes star has always been a promise for the future. Changing the present in order to improve it. We want to continue this legacy of our founders by taking the lead in electric mobility and vehicle software», stated Ola Kallenius, Chairman of the Board of Management of Mercedes-Benz Group AG...
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Jonas Rickberg is the new Scania CFO 

Rickberg, who is currently Vice President Finance and Business Control, Sales and Marketing at Scania, succeeds Johan Haeggman, Scania’s CFO since 2015. Haeggman assumes the role as head of TRATON Financial Services, a dedicate captive financial services branch within the TRATON GROUP.
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