Maxion Structural Components is investing USD 65 million in a new chassis components manufacturing plant in Castaños, Mexico.

The plant is managed by the company’s local subsidiary, Yuchai Power System (Thailand) Company Ltd, based in Samut Prakan just outside Bangkok.

The new facility located at Phoenix House in Basildon offers a modern and technology-driven workspace designed to support the company's growth.

The facility is being built in the technological-industrial development zone near Skopje and represents a significant investment, making it the company’s fifth global factory.

The new building provides eight vehicle bays, accommodating sixteen workspaces and an authorised testing facility lane for Ministry of Transport (MOT) vehicle tests.

The new highly automated 16,000 sqm battery pack manufacturing facility produces lithium-ion batteries for heavy-duty applications.

With Motherson’s network and free capital raised through a new funding round, REE intends to scale up production of its ‘REEcorner’ electric drive modules and its ‘P7’ battery electric trucks.

The zero-emissions truck is produced under contract at the manufacturing facility of Spartan Motors Corporation* in Charlotte, Michigan, USA,

This mileage guarantee not only includes fuel efficiency but it also claims the lowest Ad Blue consumption, claiming its vehicles offer Best in Class “Fluid Efficiency”

Two are in the state of Uttar Pradesh, and the other three are in Chhattisgarh, Gujarat and Andhra Pradesh.

Almost all the capital expenditure is to go on new product development, says CEO

The TVS dealerships are in the National Capital Region (NCR) in northern India; two in Faridabad and the other in Greater Noida.