
Meritor has announced an additional strategic investment in TransPower, an electrification technologies provider for large commercial vehicles, to support future growth.
Meritor has announced an additional strategic investment in TransPower, an electrification technologies provider for large commercial vehicles, to support future growth.
A Memphis, Tennessee, fleet is investing $84 million to turn a derelict shopping mall into its new headquarters facility.
Volvo Group Venture Capital, a subsidiary of Volvo Group, has announced an investment in Momentum Dynamics, a compay that is developing high power wireless charging technology for electric vehicles.
SmartHop, a startup company that aims to automate the route planning and dispatching process for truckers, has received an investment from Las Olas Venture Capital.
Ford Motor Co. has established a new self-driving-vehicle business unit, and will invest $4 billion through 2023 to better organize and accelerate its efforts to commercialize autonomous vehicles, Ford has announced.
Denso has invested $190 million in its Athens, Tennessee, facility to expand the supplier’s operations in North America.
Chinese auto manufacturer Geely Holding has purchased a $9 billion stake in Daimler AG, making it the largest investor in the German automaker, according to a report in Bloomberg.
Wabco Holdings has announced a $10 million strategic investment in Nikola Motor Company, manufacturer of the upcoming Nikola One and Nikola Two hydrogen-electric Class 8 trucks.
Meritor announced a strategic investment in TransPower, an electrification technology for large commercial vehicles, to help speed the development of its electric vehicle platforms.
Warren Buffet’s holding company Berkshire Hathaway has made a significant minority investment in truckstop chain Pilot Flying J, with plans to become the majority stakeholder by 2023, the companies announced.
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