News

MaaS Global has filed fo bankruptcy, one month after having halted operations of its Whim app. MaaS Global was founded in 2015. A reason for the company losses is indicated as being the B2C subscription model strongly advocated by MaaS Global. Founder and CEO of MaaS Global Sampo Hietanen, known in ...

Largest Singapore public bus operator SBS Transit has entered a cooperation with Stratio that "will boost service reliability of SBS Transit’s buses through a fleet-wide implementation of predictive maintenance technology".

“Meet the pioneers of transformation“: with this promise and a new Keyvisual, the German Automotive Industry Association (VDA) announces IAA Transportation 2024. From September 17-22, Hanover will be transformed into the hub of innovative mobility solutions, sustainable transportation co...

Sustainability will continue to be one of the key themes at InnoTrans, scheduled to take place in Berlin from September 24-27, 2024. It will be an opportunity for exhibitors to present sustainable solutions at the leading international trade fair for transportation technology. Sustainable mobility a...

After the first edition in 2019, the second in 2022, everything is set for the third round of Busworld Southeast Asia, to be held in Jakarta, Indonesia, in the International Expo halls, May 15-17, 2024. Indonesia’s bus&coach market is growing rapidly, driven by urbanization, infrastructure...

In 2023, IVU Traffic Technologies AG says it recorded the “most successful financial year in the company’s history”: revenue increased year-on-year by 8.2% to €122.5 million, gross profit by 11.7% to €101.1 million and operating profit (EBIT) by 6.1% to €15.8 million. German public...

ZF achieved its financial targets set for 2023. Against the backdrop of a highly volatile global economy, the company increased sales by 6.5 percent to 46.6 billion euros (2022: 43.8 billion euros). Adjusted EBIT is 2.4 billion euros (2022: 2.0 billion euros); adjusted EBIT margin is 5.1 percent (20...

Ballard Power Systems is planning a new “Gigafactory” in Texas for the production of fuel cell components and systems, that will be the result of an investment of 160 million dollars. The factory will be named Ballard Rockwall Giga 1 in Rockwall, Texas. It is to be built by 2027. Ballard, that has n...

Global Mobility Call will hold its 3rd edition from 19 to 21 November. With a combined conference and exhibition format, GMC offers the most advanced opportunities and solutions

Change at the helm in Heuliez Bus: Michele Abbondandolo is the new director of the Rorthais plant, where e-buses of the Iveco Bus range are built (E-Way and E-Way H2). He replaces (although the position is not the same), former CEO of Heuliez Bus Paul Quéveau.