This comes off the back of a private funding round late last year in order to scale production of its battery cell plant in Arizona through upgraded equipment and technology.

With revenues of USD405m Librelato is investing in technology for efficiency gains and expanding its parts and service network from 21 to 30 outlets in Brazil.

The German retrofit firm reported an annual turnover of approximately EUR13m, a 25% year-on-year increase.

The money being invested at Escobedo, where Navistar builds its medium-duty electric trucks, will go into expanding the cabin painting facility.

The 95,000 square-foot electric propulsion engineering centre in Bangalore, India, is responsible for working on inverters, DC/DC converters, on-board chargers, integrated drive modules, battery management systems and propulsion controllers.

The companies will jointly build a 5GW catalyst-coated membranes (CCM) manufacturing facility in the USA in 2025.

The facility employs 150 staff and aims to produce up to 10,000 hydrogen Type 4 composite cylinders (per year) used by heavy-duty vehicles.

The centre is responsible for robotics, computer vision (machine vision), hybrid AI (combination of machine learning with conventional software programs) and automated data labelling (marking objects in images).

The USD16m will be spent on expanding and upgrading its manufacturing facilities located in Charlotte, Michigan to allow for the series production of Class 3-5 electric vehicles.

CEO of VIA Motors, Bob Purcell, together with VIA’s management team have been retained to lead the company.

To meet growing demand, BMZ has expanded its battery production capacity in Karlstein am Main, Germany, through a Euro 11 million deal with Amada Weld Tech for the acquisition of welding systems, a key component in the battery manufacturing process.

IDV hope to build on Horiba Mira’s expertise in remote control, teleoperated and autonomous vehicle technology.