DXC Technology subsidiary Luxoft has signed an agreement to acquire CMORE Automotive, a German firm that focuses on the development of AI-driven mobility concepts.
Nikola, a US-based company that develops zero-emission vehicles, has signed a definitive agreement to merge with VectoIQ.
RoadSafe Traffic Systems in the US has acquired A Cone Zone, a traffic management equipment and services provider located in California.
India-based Reliance Infrastructure group has secured in-principle approval from the National Highways Authority of India (NHAI) for the sale of the Delhi-Agra toll road to Singapore-based Cube Highways and Infrastructure...
ABB is set to acquire a 67% stake in Shanghai Chargedot New Energy Technology (Chargedot), a Chinese e-mobility solution provider.
In collaboration with Hyundai Mobis, US-based Velodyne LiDAR is set to launch a new lidar-based advanced driver assistance system (ADAS) for autonomous vehicles.
Canadian investor Caisse de depot et placement du Quebec (CDPQ) has reportedly secured a deal to buy Indian road asset Highway Concessions One (HC1) for Rs24bn ($336m).
Automotive technology company Continental and US-based conglomerate 3M have partnered to evaluate ways to improve road infrastructure and related technologies.
Goldman Sachs Group is reportedly in advanced stage of negotiations to offload its majority interest in Mexican private tollroad operator Red de Carreteras de Occidente (RCO).
The Government of Ghana has signed a loan agreement with the Kuwait Fund for Arab Economic Development to finance its Dome-Kitase Road renovation project.
