Autonomous truck solutions firm Kodiak Robotics has received USD125 million in Series B funding to double its team and add 15 new trucks to its fleet.

Scania Growth Capital AB, the corporate venture capital fund of Scania AB in Sodertalje, has made its fifth corporate investment in a company.

The 13.6-metre semi-trailer, built in Manchester, boasts a range of components, including lightweight materials, Schmitz-branded axles and chassis, and telematics system, which the trailer manfuacturer hopes will improve its standing in the UK and Irish markets.

Olectra Greentech Ltd (formerly Goldstone Infratech Ltd) through its strategic tie-up with BYD Auto Industry of Shenzhen, China, has been allotted 150 acres of land situated at the Seetharampur Industrial Park, Shabad (Mandal), Telangana for setting up of green field factory (i.e. EV manufacturing facility) from Telangana State Industrial Infrastructure Corporation Ltd (TSIIC). Any further investment plans were not disclosed at this time.

Ashok Leyland Ltd of Chennai, has built up dedicated teams at its Hosur engine plant to develop and deliver advanced alternative-fuelled engines. It offers fully homologated CNG and LNG powered engines manufactured at the Hosur plant.

The chemicals company is investing in electrolysers across continental Europe and hydrogen infrastructure in the North West of England and north-eastern Wales.

Indianapolis-based propulsions specialist Allison Transmission Inc. has announced its participation in the initial public offering (IPO) of electric motor and drive component manufacturer Jing-Jin Electric Technologies Co Ltd, based in Beijing, China.

Refrigerated solutions firms Daikin Reefer of Osaka, Japan, and IRS International of Laverton, Australia, have announced that their European projects will operate out of one combined headquarters in Rotterdam, the Netherlands.

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.