UgoWork launches US battery assembly to meet demand September 15, 2025 UgoWork’s next-gen lithium-ion batteries for Class I, II and III lift trucks for the US market will be assembled in the US from both domestic and foreign components, allowing it to remain price-competitive while complying with evolving industrial sourcing policies.
Isuzu’s first battery-electric pickup D-MAX EV adopts eAxle August 04, 2025 The newly installed product combines the newly developed eAxle front and rear with a full-time 4WD system, contributing to both the tough basic performance required for pickup trucks and the linear acceleration and low noise and vibration characteristic of BEVs.
Everta launches DC chargers, eyes 15% of Indian market July 23, 2025 Indian EV charger manufacturer Everta's Bengaluru facility will produce high-performance DC chargers, from 60 kW to 320 kW, for electric cars, electric trucks and electric buses.
Daimler Truck to cut 5,000 jobs in Germany by 2030 July 09, 2025 The German vehicle manufacturer said the cuts are part of an efficiency drive to reduce recurring annual costs by over €1 billion by 2030. Daimler has about 35,500 employees in Germany.
U Power teams up with Beijing Foton to advance battery swapping July 04, 2025 U Power will provide technological support to enable incorporation of battery-swapping capabilities on Beijing Foton vehicles, development and testing of battery-swapping stations to serve electric vehicle models, as well as connection of vehicles with its battery-bank ecosystem.
Rheinmetall secures major order from North American truck maker June 16, 2025 The order involves a mid-six-figure quantity of CWA 2000 high-voltage coolant pumps being used in the North American manufacturer’s battery-powered medium and heavy duty trucks.
Komatsu achieves autonomous trolley milestone with electric drive truck June 12, 2025 By connecting haul trucks to an overhead power line during uphill travel, the system delivers electric power where it’s needed most, improving energy efficiency and enabling trucks to travel on grade faster when compared to standard diesel models.
Report: Former Kia India workers, scrap dealers face probe over engines theft June 05, 2025 Kia lodged a police complaint in March in Andhra Pradesh, saying that an internal review showed over 1000 engines sourced from Hyundai were missing, according to Reuters.
VECV partners with Statiq to boost EV adoption in India May 29, 2025 Statiq will extend access to its expanding network of over 8,000 charging points from leading CPOs on its aggregated platform across India, making charging simpler, faster and more efficient for Eicher customers.
Siemens delivers 9000 HP electric locomotive for Indian freight trains May 28, 2025 Each of the 1,200 locomotives has a maximum speed of 120 km/h. The locomotives, which have a haulage capacity of 5,800 tons, are designed to transport freight efficiently across India’s vast rail network.
Volvo Cars to cut 3,000 jobs globally in major restructuring May 26, 2025 Swedish carmaker Volvo Cars will reduce its global workforce by approximately 3,000 positions, including consultants, as part of a sweeping cost-cutting programme aimed at securing long-term profitability amid growing pressure in the automotive industry.
GM, LG Energy Solution to make lower cost LMR cells for EVs May 14, 2025 The two companies will commercialize lithium manganese-rich (LMR) prismatic battery cells for future GM electric trucks and full-size SUVs, in a new battery technology breakthrough.
Aurora releases fully automated heavy goods vehicles in Texas May 13, 2025 Autonomous heavy goods trucks will operate along the highway from Dallas to Houston for the first time as Aurora Innovation aims to deliver a real-world Level 4 driving solution.
Volvo Cars starts European production of EX30 April 29, 2025 Volvo Cars and its Belgian manufacturing plant in Ghent have officially started production of the fully electric EX30 small SUV.
Panasonic Energy to supply batteries for Harbinger’s EVs April 25, 2025 Panasonic Energy will supply Harbinger with its 2170 batteries. Initially, the batteries will be manufactured in Japan. Later, the two companies aim to expand production to include Panasonic’s manufacturing plant in Kansas.
Sandvik secures $74 million order for BEV mining equipment April 24, 2025 The order includes battery-electric trucks, loaders, bolters, development drills and longhole drills, as well as conventional trucks, cable bolters, loaders and longhole drills.
GreenLine Mobility to invest $275M to decarbonize heavy truck fleet April 14, 2025 The Mumbai-based company will also establish a nationwide network of 100 LNG refueling stations, EV charging stations and battery-swapping facilities in India.
Håkan Samuelsson takes the wheel as Volvo Cars CEO April 01, 2025 The Board of Directors of Volvo Cars has appointed Håkan Samuelsson as CEO and President, marking his return to the company’s top position. He takes over from Jim Rowan, who has served as CEO since 2022
Electric truck maker Nikola nears bankruptcy filing February 07, 2025 The Phoenix, Arizona-based truck maker has been struggling to raise funds amid a depleting cash balance. Its shares have lost over 99% of their value since going public in 2020.
Scania in last-ditch effort to resuscitate Northvolt February 03, 2025 Each member of Scania’s staff is supposed to be paired with a Northvolt shift manager or team leader to coach teams and drive improvements and implement standards, the Reuters report said.
Flexis OEM JV set for business in 2026 January 31, 2025 Renault Group, Volvo Group, and CMA CGM OEM joint €350 million project has signed 10 LOIs and expects serial production to begin next year.
Volvo Cars takes full ownership of Novo Energy January 29, 2025 The Swedish car manufacturer has signed a share purchase agreement relating to Northvolt’s shares in Novo Energy, leading to Volvo Cars taking full ownership of the Novo Energy joint venture.
Novo Energy restructures – reduces workforce by 30% January 21, 2025 Novo Energy, the joint venture between Volvo Cars and Northvolt, plans to cut costs and reduce its workforce by 30%.
Volvo raising the bar for electric trucks December 20, 2024 Amid a mood of cautious optimism, the launch of Volvo’s new FH Electric truck in 2025 is set to mark a milestone in the Swedish giant’s development with the market in need of a timely boost.
Tivolt partners with Tata Power to boost EV charging December 16, 2024 This partnership aims to build a robust EV charging ecosystem by leveraging Tata Power’s expertise in EV charging solutions with Tivolt’s network of small electric commercial vehicles across India.
Major progress for MAN's new battery production facility November 28, 2024 MAN Truck & Bus is making the transition to electromobility. After a construction period of just one year, the company has celebrated the topping-out ceremony for the new building for the large-scale production of batteries for fully electric trucks and buses at its Nuremberg site.
Stellantis delays production of Ram electric pickup trucks November 22, 2024 The all-electric pickup was due to go on sale by the end of 2024, followed by the Ramcharger during the first quarter of 2025.
Northvolt files for bankruptcy in setback to Europe’s EV ambitions November 22, 2024 Swedish EV battery maker Northvolt said it has only enough cash to support operations for about a week and it had secured USD 100 million in new financing for the bankruptcy process.
Scania in talks with EV battery suppliers, CEO says November 18, 2024 Scania wants half of its vehicle sales to come from electric trucks by 2030. Currently, they make up less than 1% of sales, with the rollout hit by production and delivery problems at Northvolt.
Volvo Cars sells its stake in Lynk & Co to Zeekr November 14, 2024 Volvo Cars is divesting its 30% stake in Lynk & Co to Zeekr, a transaction representing a consideration of RMB 5.4 billion (approximately EUR 707 million).
Rio Tinto, China’s SPIC partner to trial battery swap truck technology November 06, 2024 This collaboration will enable Rio Tinto to demonstrate a complete battery electric truck and charging ecosystem at one of its operations.
Volvo Cars looking to buy out Northvolt from Novo Energy October 30, 2024 Volvo Cars says that the company is initiating a process to take full ownership of the Novo Energy joint venture.