Cummins Inc., based in Columbus, Indiana, has announced it will locate its New Power China headquarters in Shanghai, within the Lingang New Area, a free trade pilot zone.

The agreement provides Nikola to right to issue and sell up to USD600m of its common stock in aggregate to the New York-based firm.

Emissions control specialist Eminox Ltd (a subsidiary of Hexadex Group), based in Gainsborough, UK, has announced plans to add a manufacturing facility in Slovakia alongside further investment at its headquarters in Gainsborough.

Alkido Pharma has purchased an equity interest for an undisclosed amount in the British zero-emission vehicle designer.

Goodyear Tire and Rubber Company of Akron, Ohio, has partnered with autonomous trucking company, Gatik of Palo Alto, California, with a goal to advance the development of mobility solutions for the autonomous B2B short-haul logistics industry.

Sumitomo Brazil will invest USD190m over the next five years to expand the production capacity of its factory in Fazenda Rio Grande, where it produces light commercial vehicle tyres.

Electric vehicle platform start-up, ATLIS Motor Vehicles of Mesa, Arizona, is looking to raise USD5 million in equity through a crowdfunding campaign.

The Swedish electric truck designer received EUR37m from investors, including electric vehicle and battery manufacturer Proterra.

Allison Transmissions Inc of Indianapolis, Indiana, has expanded its electrification testing capabilities at its Vehicle Electrification + Environmental Test Center in Indianapolis, Indiana.

Woven Capital, the investment arm of Toyota Motor Company’s Tokyo, Japan-based Woven Planet Group Inc subsidiary, announced it has invested in Ridecell Inc, a specialist platform provider for IoT-driven automation for mobility and fleet businesses.

Volvo Group Venture Capital AB has announced a new investment in Foretellix, a company specialising in the verification of autonomous driving systems, based in Tel Aviv, Israel.

The projected hub, built on a 9-acre site in the Dallas-Fort Worth Area, will accommodate hundreds of autonomous trucks in close proximity to major transportation routes.