This factory represents a major investment and will focus on producing lithium-ion batteries for electric vehicles, including buses, trucks, and other commercial vehicles.

The single stack fuel cell is aimed at the heavy-duty CV market, including refuse vehicles. Hyzon says the new 200kW system is a major improvement over previous versions, offering 20% more range per kilogram of hydrogen compared with the 120kW model and reducing both volume and weight by about roughly 30%.

The LCV and pickup truck maker has relocated its corporate headquarters from California to northern Texas. This relocation is part of a broader restructuring plan, which also includes the migration of Canoo's engineering workforce to its two main Oklahoma locations in Oklahoma City and Pryor​, beginning in Q4 this year.

This investment will support the expansion of KleanDrive’s retrofitting capacity and the increased manufacturing capacity of its proprietary advanced ePowertrain technology used to repower diesel ICE buses to electric drive.

“The factory in China is ready for the serial production of several solutions developed by Marcopolo," said Luis Moraes Goes, director of international operations.

Maxion Structural Components is investing USD 65 million in a new chassis components manufacturing plant in Castaños, Mexico.

The plant is managed by the company’s local subsidiary, Yuchai Power System (Thailand) Company Ltd, based in Samut Prakan just outside Bangkok.

The new facility located at Phoenix House in Basildon offers a modern and technology-driven workspace designed to support the company's growth.

The facility is being built in the technological-industrial development zone near Skopje and represents a significant investment, making it the company’s fifth global factory.

The new building provides eight vehicle bays, accommodating sixteen workspaces and an authorised testing facility lane for Ministry of Transport (MOT) vehicle tests.

The new highly automated 16,000 sqm battery pack manufacturing facility produces lithium-ion batteries for heavy-duty applications.

With Motherson’s network and free capital raised through a new funding round, REE intends to scale up production of its ‘REEcorner’ electric drive modules and its ‘P7’ battery electric trucks.