This multi-site manufacturing investment supports Eaton’s strategy to serve both passenger and commercial vehicle electrification markets across Europe as OEMs shift away from combustion engines.

In the two month period before RTX, Certas Energy added six new HVO supply points, bringing the total depots to 28 across the UK, with more to follow.

Plan approved to establish eight new overseas subsidiaries

Its Japanese office is supported by colleagues in Hong Kong, Singapore and Australia.

Truck-maker to also open new service centre in Gyeonggi Province.

“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

The project will focus on the development and manufacturing of high-voltage EV components, including combined charging units, e-axles, inverters, and electric motors.

The investment is scheduled for the fourth quarter of FY2025-26 and is aimed at supporting the ongoing capital expenditure and growth plans of Switch Mobility.

With existing offices in Sweden, Norway, the UK, the Netherlands, France, and other European markets, the Düsseldorf expansion positions Kempower to meet surging demand for EV infrastructure in Germany.

New EUR 2 billion facility to drive Asia growth, improve tech access

This initiative aims to promote energy-efficient tyre manufacturing, strengthen domestic supply chains, and create employment opportunities, says JK Tyres.

Supporting the development of gas, electric, and hydrogen vehicles, the upgraded facility includes thermal testing, noise and vibration analysis, 3D printing, and ergonomic workstations.