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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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The all-new Volvo VNL truck, ready for zero-emission version

the new Volvo VNL is based on an all-new platform for all upcoming technologies, including battery-electric, fuel cell and internal combustion engines running on renewable fuels including hydrogen, thanks to "the first 24-volt electrical infrastructure in the North American trucking industry".
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Dan Sceli is the new Westport Fuel Systems CEO

"I am privileged to join the Westport family as we navigate towards a future of strategic growth, operational excellence, and sustained value creation. Our focus on innovation while maintaining financial prudence aims to unlock opportunities and deliver strong returns as we continue to accelerate de...
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Stellantis appoints Carlos Zarlenga as COO in North America

According to Stellantis CEO Carlos Tavares, “In the very demanding North American market with many obstacles to overcome in order to foster the performance of the Company, Carlos Zarlenga is the best leader among our talent pool to replace Mark Stewart and to drive the change in our business model t...
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Charging solutions specialist ChargePoint to cut global workforce by 12%

This is part of "a strategic reorganization designed to improve financial performance and position itself for long-term, sustainable growth", as stated in an official note. “After a thorough review of our business strategy and product roadmap, we are heightening our focus on execution, operational e...
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