Lincoln Electric Holdings, Inc. has acquired Vanair Manufacturing, LLC, a privately held Michigan City, Indiana-based manufacturer of mobile power solutions serving the U.S. service truck market.
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GreenPower and Lion Truck Body entered into an asset purchase agreement under which Greenpower has purchased the assets of the business through a wholly owned subsidiary.
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EV company Polestar and Gores Guggenheim expect to raise $850 million. Polestar’s stock has now started trading on Nasdaq under “PSNY.”
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The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.
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Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
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Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
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Cox Automotive Mobility has announced that it has acquired Spiers New Technologies, a provider of EV battery life lifecycle management, for an undisclosed sum, September 01, 2021. A
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Bridgestone, along with other shareholders, will purchase the Azuga fleet management platform for $391 million.
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Ideanomics simultaneously announces that US Hybrid has received orders from partner Global Environment Products (GEP) for a fleet of all-electric street sweepers expected to deploy in multiple cities in the U.S. and globally.
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XL Fleet Corp. has acquired World Energy Efficiency Services, LLC for total cash and stock consideration of approximately $16 million.
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