Renault extends the use of its electric light commercial vehicles with hydrogen. Tested since 2014, Groupe Renault’s hydrogen technology was developed in partnership with Symbio, a Groupe Michelin subsidiary. The vehicles are equipped with a range extender fuel cell providing electric and thermal power of 10 kW, increasing the range of Renault MASTER Z.E. Hydrogen [...]

Upstream Security, business in cybersecurity for connected vehicles, announced that a prominent syndicate of investors, including some of the world’s largest OEM automotive vehicle manufacturers, insurance and fleet operators, invested $30m in a Series B funding round, bringing the company’s total investment to date to $41m. The round was led by Renault Venture Capital and [...]

Axalta has acquired a manufacturing site in Çerkezköy, Turkey, for its Powder Coating business. The facility is currently being upgraded and will host the production of all Axalta’s powder product ranges. Klaus Gast, business director for Axalta’s Powder Coatings business in Europe, the Middle East and Africa (EMEA), said: “This is an exciting opportunity for [...]

LKQ Corporation announced it has merged its subsidiary Auto Kelly Bulgaria EOOD with Elit Kar OOD, creating one of Bulgaria’s leading distributors of automotive spare parts. LKQ now owns a 20% equity interest in the combined business, which will continue to operate under both the Elit Car Group and Auto Kelly brand names. In addition, [...]