The Swedish manufacturer has opened its first battery assembly plant in Ghent, East Flanders, where series production of batteries for its heavy-duty electric trucks will begin in the third quarter of this year. 

The car and van manufacturing corporation has entered into a binding agreement with Samsung SDI to establish a joint-venture battery manufacturing facility in Kokomo, Indiana, USA for powering electric vehicles. 

Symbio has announced the establishment of 'Innoplate' with the German rolling element bearings manufacturer - a joint venture for the production of metallic bipolar plates, a key component in hydrogen fuel cell stacks for electric vehicles. 

Iochpe-Maxion S.A., based in São Paulo, has announced it is to invest BRA100 million (USD20 million) in its Cruzeiro manufacturing facility in Brazil. As a result of the investment, the company will increase its annual production capacity by 400,000 truck wheels and 110,000 agricultural wheels.

The Israeli firm is currently preparing a 130,000-sq-ft facility for the production of 'P7' Class 3-5 commercial electric vehicle platforms in Coventry, UK, which will be followed by another site in Texas, USA.

Kyocera Corp, based in Kyoto, has announced a plan to build the largest manufacturing facility it has ever operated in Japan, expanding production capacity for semiconductors. The company stated that a primary motivator in the expansion is the growing demand for components for ADAS systems and sensors used in new vehicles.

Companies such as Stellantis, SKF and Mercedes-Benz took the decision to suspend their business operations in Russia, in the continuing aftermath of the Russian-led invasion of Ukraine.

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.