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Business News

Manufacture

China

|

Manufacture

|

Hydrogen Fuel Cells

Ballard to invest USD130m to build new HQ, MEA facility and R&D centre in China

By Luke Willetts – 8th December 2022

Ballard is to build a membrane electrode assembly plant to boost global fuel cell engine capacity.

Romania

|

Manufacture

|

Electrical Systems & Components

Continental expands Romanian plant

By Luke Willetts – 7th December 2022

Costing EUR40m, the production area has grown from 7,000 to 18,000 square metres to fulfil EUR2 billion worth of new contracts from vehicle manufacturers.

Costa Rica

|

Manufacture

|

Wheels & Tyres

Bridgestone investing USD250m to expand Costa Rica plant

By Luke Willetts – 6th December 2022

The investment will expand and renovate its tyre plant in Heredia, Costa Rica, adding an additional 160 jobs and increasing production by 36% of its premium tyre range.

Germany

|

Battery Systems, Supercapacitors & Solar

|

Manufacture

|

Ownership

BMZ announces investment in battery cell holder maker, Schütz

By Luke Willetts – 6th December 2022

BMZ has acquired a controlling shareholding in its battery cell holder supplier, Schutz Kunststofftechnik, essentially protecting its current supply chain.

India

|

Investment

|

R&D

Continental expands technical centre in India

By Luke Willetts – 6th December 2022

A new one million sq. ft. site will house some 6,500 employees and will predominantly be responsible for automotive research and development (R&D) housing hi-tech hardware, software and vehicle testing facilities.

Mexico

|

Manufacture

|

Brakes & Braking Systems

|

Product

Bendix expands its manufacturing plant in Mexico

By Luke Willetts – 5th December 2022

Creating an estimated 200 new jobs, the plant will be responsible for the production of the Global Scalable Brake Control (GSBC) and Global Scalable Air Treatment (GSAT) products which enable automated driving.

Germany

|

Electric Drive

|

Achievement

ZF surpasses production milestone of two million electric motors

By Bradley Osborne – 3rd December 2022

ZF has produced two million electric motors, including central drives and axle drives for passenger cars and commercial vehicles, since it began supply them for hybrid drives in 2008.

Canada

|

Order

Vicinity Motor receives 1,000-unit order for light electric trucks

By Bradley Osborne – 3rd December 2022

The Canadian manufacturer received an order for 1,000 VMC 1200 trucks from Pioneer Auto Group, its exclusive dealer in the province of British Columbia.

Serbia

|

Battery Systems, Supercapacitors & Solar

|

Manufacture

Inobat to build gigafactory in Serbia

By Luke Willetts – 2nd December 2022

Aside from financial support, the Serbian government will assist in finding land to build the facility and securing the necessary permits/licenses required for construction and operation.

Germany

|

Hydrogen Fuel Cells

|

Manufacture

Proton Motor acquires new facility for fuel cell production

By Bradley Osborne – 27th November 2022

The building is 13,500 square metres - over 10,500 square metres will be dedicated to production, testing and development of fuel cell stacks and fuel cell systems.

USA

|

Battery Systems, Supercapacitors & Solar

|

Funding

Microvast wins USD200m grant towards battery separator production

By Bradley Osborne – 25th November 2022

The grant, which Microvast received following a joint application with automotive corporation General Motors Company, was awarded from a USD2.8bn fund which came out of the U.S. government’s Bipartisan Infrastructure Law.

UK

|

Hydrogen Fuel Cells

|

Mergers, Acquisitions & Disposals

Start-up HVS receive £25 million investment from EG Group

By Luke Willetts – 24th November 2022

The investment from British retailer, EG group, is intended for the production of a hydrogen fuel cell Heavy Goods Vehicle (HGV). 

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    • Hydrogen Fuel Cells
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