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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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It’s already time for electric trucks, UCS says

Converting the whole truck fleet in the US to electricity would reduce the total demand for energy by 71 percent, because electric vehicles are significantly more efficient than diesel and gasoline vehicles, says a recent analysis released by the Union of Concerned Scientists (UCS). The new report, ...

Indian electric bus market to exceed 7,000 units by 2025

By 2025 the electric bus market in India is foreseen to reach over 7,000 units with a CAGR (Compound Annual Growth Rate) of 53 % in the period 2018 – 2025. The investments will be mainly driven by Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. And buses with a length und...
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