Press Releases

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with ESAF Small Finance Bank, to offer attractive financing solutions to its commercial vehicle customers. Initially focused on Small Commercial Vehicles (SCVs) and Light Commercial Vehicles (LCVs), the partnership will expand to include financing for Tata Motors’ entire commercial vehicle portfolio. Mr. Vinay Pathak, Vice President & Business Head – SCV

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FLO, a leading North American electric vehicle (EV) charging company and a smart charging solutions provider, is expanding its charging network with the installation of an initial set of 73 curbside and fast chargers in the greater Cleveland area. This deployment signifies the beginning of a substantial project across the Northeast Ohio region, following FLO partners Alternalite EV and SAF Inc.'s successful bid as the exclusive charger provider for Phase 1 of the Northeast Ohio

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Today, one of the world's largest, most respected electric vehicle (EV) charger brands celebrated the opening of its U.S. headquarters in Charlotte, jumpstarting the company's expansion across North America. The move is a part of Alpitronic's efforts to build a robust, reliable charger network across the country to fuel the increasing adoption of electric vehicles by consumers. Due to their superior engineering and design, Alpitronic's Hyperchargers achieve, on avera

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AE Elemental, a joint venture of U.S.-based Ascend Elements and Poland-based Elemental Strategic Metals, today celebrated the grand opening of its first commercial-scale EV battery recycling facility. Located in Zawiercie, Poland, the newly constructed facility can process 12,000 metric tons of used Li-ion batteries each year – or approximately 28,000 EV battery packs annually – making it one of the largest battery recycling facilities in Europe. Dozens of business and community l

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Intelligent power management company Eaton today announced that it will display a series of products at booth D11 in Hall 3 of Automechanika Frankfurt. Aftermarket clutch solutions for the Europe, Middle East and Africa (EMEA) market. Eaton will showcase its complete product line of angle spring clutches, diaphragm spring clutches, concentric pneumatic clutch actuators and ServiceRanger diagnostic solutions for commercial vehicles. Angle spring clutch for automatic manual transmissi

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Low-friction TAROL axlebox bearings facilitate more reliable and economical rail operations and are one of Schaeffler’s main exhibits at InnoTrans 2024. The showcase includes TAROL axlebox bearings developed for the AAR (Association of American Railroads) market. These bearings meet the certification requirements under both the AAR and European standards, so they can be used in the USA, Australia, India, Southeast Asia and many other countries and regions in addition to Europe

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Nearly a third of all new car registrations in Germany in 2023 were SUVs. This trend is mirrored across Europe, with Volkswagen leading the SUV market in both regions. KW automotive, the aftermarket suspension manufacturer, now offers the KW V3 coilover suspension kit for the facelifted VW Touareg III. The kit features independently adjustable compression and rebound damping, providing the Touareg III with a sportier, more harmonious driving experience while allowing for maximum lowering. The

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At IAA Transportation 2024, Contemporary Amperex Technology Co., Limited (CATL), the global leader in new energy technology innovations launched its groundbreaking TECTRANS battery system, revolutionizing the commercial transportation sector. TECTRANS represents a quantum leap in battery technology for commercial vehicles, offering unprecedented energy density, faster charging capabilities, and enhanced durability. This innovative system is poised to transform the electric commercia

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On September 16, 2024, during the 2024 Hannover International Commercial Vehicles Show, Foton Motor and ZF Group signed a strategic cooperation agreement to introduce advanced commercial vehicle hybrid drive systems into the Chinese market to support the diversified needs of new energy transformation. Chairman of Foton Motor Chang Rui, EVP of Foton Motor Lu Zhenghua, Member of Management Board of ZF Group, Head of ZF Commercial Vehicle Solutions Peter Laier, and APAC President, ZF C

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Autoliv, Inc.the worldwide leader in automotive safety systems, appoints Fabien Dumont as Executive Vice President & Chief Technology Officer and a member of the Autoliv Executive Management Team. Fabien Dumont previously served as Vice President Engineering in Autoliv China and has been with Autoliv since 1998. In leading the Autoliv China Engineering team, Fabien Dumont has played a vital role in developing innovations and technologies that support the fast-moving Chinese mark

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Microvast Holdings, Inc. a technology innovator that designs, develops, and manufactures lithium-ion battery solutions, is advancing the adoption of electric commercial vehicles by launching its latest high-performance battery solutions at IAA Transportation 2024. The new lineup includes the introduction of silicon-based HnSO Cells, Lithium Titanate Oxide (LTO) Cells, and the third-generation MV-I Pack, offering an unprecedented combination of energy density, safety, and sustainability.

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FPT Industrial, the third largest industrial powertrain company in the world in its range, is one of the leading exhibitors announced for IAA TRANSPORTATION 2024, the major global trade show for logistics, commercial vehicles, buses, and the transportation industry, taking place from September 17 to 22, 2024, at Deutsche Messe AG in Hanover (Germany). The Iveco Group brand dedicated to the design, production, and sale of low-environmental impact powertrains, and a world leader for o

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Autoliv, Inc. the worldwide leader in automotive safety systems, announces that it has added a new independent member to its Board of Directors effective today. On September 13, 2024, the Autoliv Board of Directors appointed Ms. Adriana Karaboutis as an independent director to the Autoliv Board of Directors effective immediately. With the addition of Ms. Karaboutis, Autoliv has expanded its Board size from eleven to twelve directors. Ms. Karaboutis most recently served as

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SINEXCEL, a well-established global supplier of energy storage and EV charging solutions, has signed a strategic partnership with FastCharge.me Inc. ("FCME") at RE+ 2024. This collaboration aims to expand the deployment of innovative EV charging solutions to the growing EV market in America. Under the agreement, SINEXCEL will supply a range of EV charging products and solutions to FCME upon request, enhancing FCME's charging infrastructure and expanding its network acr

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Under the motto "Filtration on the Move", Hengst is presenting innovative products for liquid and air filtration at the IAA Transportation in Hanover (17.-22.9.2024) as well as a world first: a completely CO2 -neutral filter. The path to CO2 -neutral mobility of the future is increasingly shaking up markets worldwide and accelerating change in the automotive and engine industry. Hengst, a specialist in filtration and fluid management, is consistently aligning its product r

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