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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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India, EKA Mobility to deliver 250 e-buses in Nagpur

Indian EV manufacturer EKA Mobility (belonging to Pinnacle Mobility Solutions) has achieved a new order from the Nagpur Municipal Corporation (NMC), in Maharashtra state, for supplying 250 electric buses. The company unveiled its 9-meter e-bus model earlier this year at Prawaas 4.0 expo in Bangalore...

Provisional insolvency proceedings for Quantron

Augsburg-based zero-emission vehicle manufacturer Quantron has been in provisional insolvency proceedings since last week. The company has released an official note about it on 31st October. Quantron was initially seen as a rising star in alternative fuel trucks with goals to expand to North America...
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