An investment of USD30m is being spent on a new wheel manufacturing plant in Hungary to build Alcoa-branded Ultra One wheels by Howmet Aerospace Inc, the parent company of the aluminium wheel manufacturer.

Weichai Group, a major producer of internal combustion engines has officially launched the first commercialised diesel engine in the world claimed to have a brake thermal efficiency above 50% (50.26%).

Europe’s second largest trailer builder, Krone Commercial Vehicle SE at a Covid-19-secure press conference last month announced some significant investments made in the past 18 months as well as a number to come in the next financial year.

Akasol AG, a developer and manufacturer of high-performance and high-energy lithium-ion battery systems, and supplier of turnkey solutions, is again expanding its US production capacity in Hazel Park city Michigan from 400MWh to around 2GWh.

Suffolk-based refrigerated transport specialist, Hubbard Products Ltd, is planning to relocate to a new site in Ipswich.

Polser International, a global manufacturer of fibreglass reinforced plastic products for RVs, CVs and other transportation industry vehicles, is investing in a warehouse distribution facility in Elkhart having formed a subsidiary company there called Polser USA Inc.

Bearing manufacturer, AB SKF and the University of Twente of Enschede, have created a dedicated technology centre in which they will combine their research efforts to drive advances in grease lubrication for rotating machinery.

Allison Transmission Inc has opened its new Vehicle Environmental Test centre to conduct year-round testing, replicating vehicle environments and duty cycles, compressing product development times and supporting innovation for the industry.

VDL Bus & Coach BV (a subsidiary of the VDL Groep which makes buses and coaches) has established a new representative organisation in the United Kingdom, called VDL Bus & Coach UK Ltd.

Navistar International Corporation has announced a new facility in Rochester Hills to house its NEXT eMobility Solutions business unit.

Electric motor manufacturing company, Saietta Group, which specialises in propulsion motors for a broad range of electric vehicles from scooters to buses has announced it to expand its production facilities in Bicester.

Volvo Trucks North America Inc has announced it has facilitated wide-scale electrification of medium and heavy-duty trucks in North America through the expansion of charging options for fleet operators.