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Tata Motors takes over Iveco Group for €3.8 billion

Tata Motors and Iveco Group have announced an agreement that will lead to the creation of a global commercial vehicle manufacturer, with transaction to be concluded by Q2 2026. The transaction, valued at approximately EUR 3.8 billion, involves a voluntary tender offer by Tata Motors for all common s...

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Traton – Navistar merge successfully completed

Navistar is now part of Traton group, with the latter now holding all Navistar common shares. Navistar (that owns the IC Bus brand, which is now focusing on electric school buses) is to be delisted and deregistered with the SEC during July 2021. A strategic alliance has been in place between Traton ...

ABB will be powering 1,000 e-buses in Qatar

ABB has won a contract to design, supply, test and commission a new high-power charging infrastructure for one of the world’s largest fleet of electric buses, that is bound to be in operation during FIFA World Cup 2022. ABB will supply over 125 MW of charging capacity, 1,300 connectors for destinati...
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