Pinnacle Mobility, a new entrant in EV manufacturing, is investing up to USD261.5m to make 9m and 12m electric buses and electric mini-trucks to cater to the booming last-mile mobility space.

The tyre manufacturer has announced it plans to spend about USD70m in FY2023 to expand its truck and bus radial (TBR) tyre manufacturing operations and to increase operational efficiencies at its plants across India.

Tecnokar Trailers Srl is one of the major players in the Italian trailer market. As of 2021, it is fifth place in the semi-trailer market, with a 7.4% share, down only slightly on the previous year.

cellcentric GmbH & Co, a 50:50 joint venture between Daimler Truck AG and AB Volvo, has announced it intends to build a hydrogen fuel cell production facility in Weilheim, Germany.

Continental AG has inaugurated a new surface materials plant in Pune, India, to focus on the production of interior components in the commercial vehicle and automotive segments for the Indian market.

Knorr-Bremse AG, based in Munich, Germany, has achieved a key climate milestone of carbon neutrality across all group sites. The firm states that, considering carbon offsets, its operations have been carbon neutral since the end of 2021.

Kenworth Truck Co has broken ground on a USD45 million, 105,000 sq ft expansion to its Chillicothe manufacturing site in Ohio. The expansion represents around a 17% increase to the 622,000 sq ft Class 8 truck manufacturing plant, with the new building housing a new test building on the north side of the plant.

The automatic transmission system for heavy-duty vehicles, which boasts 99.7% efficiency in direct drive and a 12.83 Nm per kg ratio with either 12 or 16 forward gears, is billed as a lighter, more efficient, and less expensive option.

The American company commenced building a 110,000-square-foot extension to the powertrain plant in February 2020, where it will build its parent company's "common modular system" for trucks and buses made in North America.

Ohio-based Dana Inc has announced that its new Sustainable Mobility Center, located at its headquarters, has been awarded with Leadership in Energy and Environmental Design (LEED) certification.

The autonmous driving technology company has announced that it is opening a new technology and software development centre in Stuttgart, Baden-Württemberg, Germany, nearby the headquarters of its parent, Daimler Truck.

The axle and suspension systems supplier has announced it is to invest  BRA20 million (USD4m) in a new automated production line in Caxais do Sul, to increase production capacity of axle beams to 300,000 a year.