The new plant will produce wiring systems for the CV industry in order to meet the growing demand in that segment of the business.

This site has an annual capacity of 20,000 HVAC systems per year and was purpose-built to service the increasing demands for HVAC systems in electric buses and coaches.

The company also unveiled its new direct-injection hydrogen engine.

The company has invested capital into doubling its windscreen manufacturing capacity from 35,000 to 70,000 by the end of 2027. In September, it commissioned a new ScreenMax bending furnace from Glaston Oyj and plans to add new glass cutting tooling and lamination equipment over the next two years.

Besides developing these trucks, the project includes investing in production facilities and feasibility studies into the European hydrogen value chain. The funding is to complement existing Daimler Truck projects focusing on liquefied hydrogen refuelling technology, storage and refilling logistics.

Anaphite’s dry-coating technology for EV battery electrodes aims to reduce manufacturing costs (by up to 40%) and energy consumption (by 30%), by making EV production more efficient and sustainable.

FAW says it plans to invest USD100 million to build the truck assembly plant in Uzbekistan.

Volker Perk’s appointment is part of Krone’s continued effort to “future-proof its European production plants” by increasing automation and innovation.

The move marks a USD 30 million investment to produce small and midsize buses, including electric and non-electric models, and aims to double Micro Bird’s production capacity by the end of 2025.

The company has relocated its assembly and installation plant in Fontana, California to Rialto, doubling its production output of advanced clean fuel systems, including lightweight Type 4 composite CNG/RNG cylinders and integrated fuel delivery systems.

Designed to warm the passenger compartment and driver's cab, the product can also condition the vehicle battery. This preheating can noticeably extend the range and speed up the charging process in winter conditions.

These funds are to be used for supplying and operating electric buses under the Gross Cost Contract (GCC) model in multiple states across India in a phased manner.