The money will serve two purposes: it will expand the production of cathode materials and battery cells in the gigafactory, and it will expand the capabilities of the adjacent recycling plant.

Two years’ ago, in 2022, when the PEI Mobility brand was first created, it announced it was diversifying its manufacturing capabilities to design and manufacture complete articulation systems for buses.

It appears that the upgrades at the plant are meant to prepare it for the eventual development of Cummins’ fuel-agnostic engine platform, a series of engines designed to run on fuels such as natural gas and hydrogen and derived from a common base engine.

Developed with Amazon Web Services (AWS), the software platform offers logistics companies access to digital services including CV fleet optimisation, goods monitoring and order processing designed to simplify fleet/logistics operations and improve the efficiency and sustainability of vehicle fleets.

The new training centre, representing an investment of more than GBP300,000 from Volvo UK, houses three fully-equipped training bays, each large enough to accommodate two trucks, alongside a classroom.

As the leader in the UK truck market, a comprehensive aftermarket network has been key to the company's success. More than GBP 100 million was spent in 2023 on upgrading dealer premises, including the Adams Morey in Bridgewater, Ford & Slater in Stockton and North West Trucks in Warrington.

Continental officially inaugurated its new multimillion-euro corporate headquarters on the Hans-Böckler-Allee campus, in Hanover, Germany on December 13, 2023. The campus consists of six buildings, housing over 2,400 employees, in both the Tires and ContiTech groups.

The money is derived from the Canadian government’s Jobs and Growth Fund through Prairies Economic Development Canada, a federal department responsible for the provinces of Alberta, Manitoba, and Saskatchewan.

The eCanter was originally launched in 2017, with a new upgraded model made available since last year. It is sold in a growing number of markets in Asia, including Taiwan from last month.

Isuzu has announced plans to build an electric vehicle development and testing facility within its Fujisawa plant, to help it achieve its target of having a full range of carbon-neutral vehicles by 2030.

For the very first time, Iveco is renewing its entire truck product line next year. Capital spending on R&D will be ploughed into reducing CO2 emissions, developing fuel efficiency (for ICE vehicles) technology and a new zero-emissions product range.

With the help of the Serbian government* in securing the land and the necessary licenses to build, the site will be responsible for the manufacturing and recycling of battery cells for EVs.