SKion, an investment company representing heiress Susanne Klatten, has acquired a 20% stake in the battery manufacturer for an undisclosed sum. 

The battery cell manufacturer has acquired a 4.22% stake in the electrification specialist, with whom KORE Power signed a partnership agreement for joint battery management development and battery cell supply last year. 

CaetanoBus to make major investments in products and manufacturing to expand production and sales of its zero emission buses.

Hyzon Motors Inc to acquire German truck and trailer body Orten Betriebs GmbH and e-drive conversion company, Orten Electric Trucks GmbH.

An undisclosed sum has been invested in Optibus, a software developer specialising in public transportation management tools for planning workable routes, timetables and rotas.

Swedish truck manufacturer, Scania AB, begins construction of a new global truck plant in Rugao, China.

Air Liquide and Siemens Energy AG is to form a joint venture in Berlin for series production of industrial scale renewable hydrogen electrolyzers in Europe to aid acceleration of the hydrogen economy.

Stellantis has already invested in expanding its capability to test all types of electric vehicle at the Orbassano Safety Center in Italy, and it is currently investing in its wind tunnel complex in Auburn Hills, Michigan.

The integration of the two technologies will ensure cross-compatibility, meaning that subscribers to Switch's digital services will be able to use Nuvve's vehicle-to-grid energy aggregation management, allowing for discharge of electricity back into the grid.

The corporation has made a EUR50m equity investment into Vulcan Energy, which is currently operating a zero-emission project in the Upper Rhine Valley for the extraction of critical vehicle battery elements.

Over the next five years, the German manufacturer will invest approximately EUR100m to prepare the Nuremberg facility for mass production of over 100,000 battery packs per year, starting with small-scale production in mid-2023.

Van Hool still plans to build transit buses in the USA.