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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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Nikola has acquired electrification specialist Romeo Power

In the meantime, a few days ago Nikola founder and former CEO, Trevor Milton, was found guilty of three out of four counts of fraud in the U.S. Milton was charged with making fraudulent statements to drive up the value of Nikola’s stock.
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Gustav Sundell is the new Head of Mobility Solutions at Scania

Mobility Solutions, which includes the wholly-owned subsidiary LOTS Group, is a unit that was formed in the spring of 2021 with the purpose to capture market opportunities in the future transport ecosystem. The unit is driving the development of new business models outside the current core business.
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Ready to cross the Atlantic Ocean: Quantron to expand to North America

Quantron wants to achieve 50% of its turnover in the North American market by 2025, as the demand for hydrogen-powered vehicles especially in the U.S. is defined as "strong". Indeed, the Biden-Harris Administration has annnounced a $8 billion funding opportunity to create regional clean hydrogen hub...
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