Sunswap will use the money to support the further development, production, and commercialisation of its technology: solar panels mounted on the roof of a reefer trailer to supply energy to the refrigeration unit, thus reducing the fuel consumption of the whole truck-trailer combination.

Most of its ADB22X and ADB22X-LT air disc brakes are produced at its manufacturing plant in Bowling Green, Kentucky. The major investment went into a 130,000-square-foot expansion project in 2020.

Chai will be at the centre as the company looks to scale up production at its Gigafactory in Voderady, Slovakia, after securing significant funding from the Slovakian Development Bank earlier this year.

The company will showcase a range of new products under the theme "Innovating transportation from road to cloud". This year's focus includes digitalisation, sustainability and autonomous driving technologies for commercial vehicles.

The site houses the battery R&D centre (InnoLab Battery) and the manufacturing component, which is currently producing battery cells and packs on a prototype line in order to acquire the necessary knowledge before series production in the second half of the decade can commence.

The company has raised USD 483 million by creating an additional 134,166,667 shares of its Class A common stock at USD 3.60 per share. These funds will help the company continually develop and bring to market its level 4 autonomous truck driving software (Aurora Driver).

Air Products will produce and supply the hydrogen to the various stations which will be aided by the new hydrogen liquefaction plant currently being built in Rotterdam in the Netherlands. Once operational, this will double Europe’s total liquid hydrogen supply.

The agreement is initially for installation of charging bays for customers with cars and light vans and trucks, but also to undertake a feasibility study to add charging equipment for delivery trucks.

This marked an important milestone in the electric pickup truck manufacturer’s global expansion, with the Thai subsidiary to serve as a hub for the company’s expansion into other markets in South-east Asia. Radar also launched its Riddara brand in Thailand.

Already based in Seville, the company, over the next twelve months, will move into a new 36,000 square-metre facility, of which 14,000 square-metres is warehouse space with a 2,500 square-metre office.

Harbinger Motors has received funding from ATEL Ventures Inc, to expand manufacturing capacity in order to meet its commercial launch slated for Q4 2024.

Brembo is looking to expand its expertise in software and cloud connectivity services to facilitate the communication of braking systems with other connected elements.