The company has relocated its assembly and installation plant in Fontana, California to Rialto, doubling its production output of advanced clean fuel systems, including lightweight Type 4 composite CNG/RNG cylinders and integrated fuel delivery systems.

These funds are to be used for supplying and operating electric buses under the Gross Cost Contract (GCC) model in multiple states across India in a phased manner.

The company has established a new Power Solutions Department in Europe under its Paccar Parts Division to support its customers in transitioning from traditional diesel ICE trucks to electric trucks.

This new mechatronics laboratory is designed to increase the efficiency of software verification and validation and is expected to cut costs by some 70-80% compared with traditional methods.

Allison has invested an undisclosed sum in Agtonomy, a California-based company specialising in AI-driven software and services that enable industrial machinery and vehicles to operate autonomously.

New plants are expected to enhance Bosch’s components position in the country’s rapidly expanding new energy vehicle (NEV) supply chain.

T&BB will be sure to keep you updated on the latest HVS news moving into 2025 but the recent departure of Ian Palmer (Managing Director) certainly doesn’t fill us with confidence moving into the year ahead.

The company is investing EUR 600 million to transform the facility into a hub for manufacturing electric and hydrogen-powered buses, including the Heuliez GX Elec, Iveco E-Way and the new E-Way-H2 hydrogen model.

The investment is to be used to support RSB’s plans for growth, focusing on mergers and acquisitions (M&A) and expanding its global operations.

This multi-year investment, said to exceed USD100m, aims to double the current manufacturing footprint.

The battery manufacturer Gotion has acquired 9.3% of Ebusco for a price of EUR 5 million. Within this agreement, it stipulates that Gotion can nominate a representative to Ebusco’s supervisory board and management board, subject to the approval of the Company’s shareholders.

The company willl use the newly-raised capital to commercialise its technology, starting next year in distribution centres.