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Business News

Manufacture

Saudi Arabia

Gaussin and Aramco sign hydrogen vehicle partnership

By Will Hall – 6th December 2021

Gaussin and Aramco have signed an agreement to establish a manufacturing facility for hydrogen vehicles in Saudi Arabia.

Philippines

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Electric Drive

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Manufacture

South Korea's EnPlus to produce medium-sized e-buses in the Philippines

By Will Pulson – 1st December 2021

EnPlus plans to invest the equivalent of USD99m in an electric vehicle manufacturing plant for the production of battery-powered "Jeepney" vehicles in the Philippines.

USA

|

Manufacture

|

Mergers, Acquisitions & Disposals

Taiwan's Hon Hai to acquire Lordstown electric pickup/light truck plant in USA

By Will Pulson – 1st December 2021

Hon Hai has entered into a definitive Asset Purchase Agreement for the Lordstown, Ohio facility (excluding certain assets such as the hub motor assembly line and battery pack and module lines) for USD230m.

Brazil

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AI, Digitalisation & Robotics

|

Manufacture

Maxion to create parallel digital simulation of wheel production line in Brazil

By Bradley Osborne – 30th November 2021

The simulation will create a "digital twin" or virtual counterpart which will work in parallel with the actual manufacturing process, allowing the company to identify and resolve potential problems in the real production line.

Germany

|

AI, Digitalisation & Robotics

ZF to develop cloud-based platform integrating all aspects of its business

By Bradley Osborne – 29th November 2021

ZF is developing a data and integration platform using Microsoft Azure cloud software in order to digitise all aspects of its business, including supply-chain management and production-line monitoring.

Sweden

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Electrical Systems & Components

|

Manufacture

Dana TM4 to establish new electrodynamics facility in Sweden

By Will Hall – 29th November 2021

Dana's TM4 joint venture will establish a new manufacturing facility to produce electric motors in Åmål, Sweden.

Portugal

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Manufacture

Mitsubishi Fuso begins production of new Canter in Portugal

By Will Hall – 29th November 2021

Mitsubishi Fuso has begun series production of the new Fuso Canter at the firm's plant in Tramagal, Portugal.

France

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Manufacture

|

Hydrogen Fuel Cells

Symbio to build new facility for fuel cell production in France

By Bradley Osborne – 22nd November 2021

Symbio plans to build a new facility for the production of hydrogen fuel cells in France, aiming for a production capacity of 50,000 units per year by 2030.

Slovak Republic

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Battery Systems, Supercapacitors & Solar

Rio Tinto invests in battery start-up InoBat

By Will Hall – 22nd November 2021

Mining giant Rio Tinto is investing in Slovakian battery start-up InoBat to support the development of multiple battery gigafactories.

USA

|

Performance

Nikola to start manufacturing ‘Tre’ from December as three-quarter year losses exceed half billion dollars

By Bradley Osborne – 8th November 2021

Up to 25 units, manufactured at the Ulm manufacturing facility jointly supported with Iveco, will be delivered to dealers and customers by the end of 2021.

France

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Agreement

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Hydrogen Fuel

Plug Power and Lhyfe to develop green hydrogen production plants in Europe

By Bradley Osborne – 1st November 2021

The two companies signed an MoU agreeing to steadily build up hydrogen capacity and to begin construction on a 1 GW production site by 2025.

UK

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Agreement

|

Hydrogen Fuel

HYGEN Energy and Wood Plc to ramp up hydrogen production in the UK

By Bradley Osborne – 1st November 2021

The two companies plan to build a hydrogen production facility in Kent, set to begin operation by mid-2023.

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