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Business News

Investment

Germany

|

Mergers, Acquisitions & Disposals

Hyzon plans expansion in Europe with purchase of Orten Group

By Jim Gibbins – 28th July 2022

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

Israel

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Connectivity

|

Investment

Volvo Venture Capital invests in route-planning software firm

By Bradley Osborne – 24th July 2022

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

China

|

Investment

|

Manufacture

Scania begins construction of new regional production base in China

By Will Pulson – 22nd July 2022

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

Germany

|

Hydrogen Fuel

|

Joint Venture

Air Liquide and Siemens Energy form JV for the European production of large-scale renewable hydrogen

By Jim Gibbins – 20th July 2022

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.

Italy

|

USA

|

R&D

|

Investment

Stellantis invests EUR33m in expanding testing capabilities

By Bradley Osborne – 17th July 2022

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.

UK

|

USA

|

Electric Charging

|

Agreement

Switch charging management platform to be integrated with Nuvve V2G technology

By Bradley Osborne – 17th July 2022

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.

Netherlands

|

Battery Systems, Supercapacitors & Solar

|

Investment

Stellantis invests in lithium extraction company

By Bradley Osborne – 16th July 2022

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.

Germany

|

Battery Systems, Supercapacitors & Solar

|

Manufacture

MAN to begin battery production at Nuremberg in 2023

By Bradley Osborne – 16th July 2022

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.

Investment

|

USA

|

Bus & Coach

Van Hool’s plan still on track to build zero emission buses in Tennessee from 2025

By Jim Gibbins – 14th July 2022

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

USA

|

Battery Systems, Supercapacitors & Solar

|

Manufacture

InoBat to build battery plant in Indiana

By Will Hall – 13th July 2022

InoBat Auto, based in Bratislava, Slovakia, has announced it plans on building a battery R&D and production facility in Indiana, USA. The plan is supported by one of InoBat’s investors, Ideanomics, as well as the State of Indiana.

Product

Güleryüz building electric buses for the USA

By Jim Gibbins – 10th July 2022

Güleryüz (Güleryüz Karoseri San Ve. Tic. A.S.) of Bursa, Turkey supplying order for single deck electric buses to the USA.

UK

|

R&D

|

Investment

Alexander Dennis opens new innovation centre in Farnborough

By Will Hall – 9th July 2022

Trident House underlines our commitment to the UK market and to the recruitment and retention of the essential highly skilled jobs that will underpin the transition to zero emission mobility.

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    • Diesel Engines & Engine Components
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    • Hybrid Drive
    • Hydrogen Fuel Cells
    • Interior Components
    • Refrigeration Systems
    • Steering Systems
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