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MAN to deploy significant investment in European service network

It is the largest investment in European service network in the history of the truck maker. The company intends to use these resources "to create new bases in Europe, modernize existing locations, optimize regional coverage, further improve service quality, and continue to work intensively on making...

Daimler Truck opens new commercial vehicle center in Koblenz, Germany

An entirely new building will be constructed on the southern part of the site on Friedrich-Mohr-Strasse starting in autumn 2026. For this purpose, the current building dating back to 1963, most recently used as a logistics hall, will be dismantled from spring 2026. The current branch on the northern...

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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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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