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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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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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