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Tata Motors secures control of Iveco Group, new board takes office

Iveco Group has officially become part of Tata Motors. On October 30, the two companies announced the completion of the initial settlement of the takeover offer launched by the Indian manufacturer, marking a decisive step in the acquisition process first announced in July 2025. Following the transfe...

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Keolis takes delivery of 55 Yutong e-buses in Denmark

55 Yutong e-buses have been delivered to Keolis for operations in Odense and the greater Copenhagen area, in Denmark. Keolis is now preparing the service launch of the e-buses in summer 2021, on behalf of Movia and FynBus, the local public transport authorities (PTAs). Keolis is to operate as many a...

A permanent transit fund in Canada, CUTA welcomes the initiative

The Canadian Urban Transit Association (CUTA) welcomed the new Permanent Transit Fund announced by Prime Minister Justin Trudeau and Infrastructure and Communities Minister Catherine McKenna. Funding could be used for everything from subway extensions and electrified transit fleets to walkways, cycl...

BorgWarner to take over battery system manufacturer Akasol

BorgWarner is to take over battery manufacturer Akasol. This morning Akasol and BorgWarner announced «the companies have signed a Business Combination Agreement to enter into a strategic partnership and BorgWarner will launch a voluntary public takeover offer». The US-based group is then set to acqu...
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