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Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
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Cummins launches new line of remanufactured brake callipers

According to Cummins, "the remanufacturing process is more environmentally friendly, as it reduces the need for raw materials and minimises waste". This meticulous approach allows Cummins to deliver high-quality callipers at a lower cost versus new ones, providing significant savings for European fl...
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Iveco Group now included in the Dow Jones Sustainability Indices

“It is a source of pride that Iveco Group has been included in the prestigious Dow Jones Sustainability Indices after our first year as an independent company. This recognition reflects our clear commitment to sustainable business practices and dedication to leading the industry in a sustainable man...
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Accelera by Cummins renews its top management for eMobility and electrolyzers

“I am proud to announce these appointments within the Accelera leadership team as we continue to position the business to win in the electrification and hydrogen markets,” said Amy Davis, President of Accelera. “This represents the continued evolution of Accelera as we drive technical innovation and...
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The Sono Motors solar business gets funding commitments by new investors

The investments granted by Yorkville (YA II PN, Ltd.) are expected to enable the company to restructure itself, emerge from its self-administration proceedings that have been ongoing since May 2023. The company managed to "obtain sufficient financing for business operations through at least the end ...
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German retrofit specialist pepper motion to enter the Indian market

The plan is to build a fully integrated vertical production facility, similar to Tesla, for the conversion of diesel buses and trucks as well as the construction of new vehicles, including battery production of up to 20 GWh. About 600 million US dollars will be invested.
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