Nashville, Tennessee-based subsidiary of Japan’s Bridgestone Corporation, Bridgestone Americas Inc, has made a minority investment in May Mobility, an autonomous vehicle technology firm based in Ann Arbor, Michigan.

HELLA GmbH & Co, based in Lippstadt, Germany, is investing in the expansion of its manufacturing site in Großpetersdorf, Austria. The size of the investment has not been disclosed, but it is understood to amount to several million euros.

Weeks after opening its new silicon wafer fabrication facility in Dresden, Robert Bosch GmbH, based in Stuttgart, has announced it is to invest EUR400 million in its silicon chip manufacturing facilities throughout 2022. The investment will expand its wafer fabrication sites in Dresden and Reutlingen, Germany, and its semiconductor operations in Penang, Malaysia.

Ford Motor Co, based in Dearborn, Michigan, USA, SK On Co Ltd, based in Seoul, South Korea, and Koç Holding, based in Istanbul, Turkey, have signed a memorandum of understanding for a new joint venture in Turkey. The proposed JV would lead to the creation of one of the largest commercial vehicle electric battery facilities in the European region.

Allison Transmission Inc, based in Indianapolis, Indiana, has unveiled a new 96,000-square-foot facility at its headquarters. The centre features enhanced technology development and validation capabilities, and will also consolidate teams from multiple locations into a single facility.

Group spending in research and development into electric vehicles will increase to EUR2.6bn between now and 2026, adjusting its original budget of EUR1.6bn to 2025.

Cummins Inc, based in Columbus, Indiana, USA, has announced it will open a new Powertrain Test Facility at its Darlington, UK campus. Ground preparation work has begun on the site, with the firm expecting the first phase of the GBP14 million investment expected to open for operations by May 2023.

Daimler Truck AG, based in Stuttgart, Germany, has announced the launch of its new product engineering and IT centre in Bangalore, India, named Daimler Truck Innovation Centre India (DTICI).

Production will begin initially in Charleston, South Carolina, USA in the second half of 2023 and subsequently at two German plants.

Daimler India has opend its first dealership in the Union Territory of Jammu, in association with PAL Trucking - a reflection of the increasing demand for BharatBenz products in northern India.

Haskel International, a compression systems specialist based in Sunderland, UK, and subsidiary of Ingersoll Rand Inc of Davidson, North Carolina, USA, has received a multimillion-dollar investment from its parent company to significantly increase its production capacity of hydrogen refuelling stations. In an interview with Truck & Bus Builder, Nick Power, Hydrogen Business Development Manager at Haskel International, discussed the firm’s plans for the coming year alongside the global adoption of hydrogen refuelling infrastructure.

BorgWarner Inc, based in Auburn Hills, Michigan has invested in Silicon Valley-based software and controls company Qnovo Inc. BorgWarner is the lead investor in Qnovo’s multi-million-dollar Series C funding round.