ZF has acquired a 6% stake in StradVision, whose main product, SVNet, is an AI-driven vision processing technology which allows vehicles to perceive and identify objects around it.

SAF-Holland has acquired truck and trailer parts supplier IMS Ltd from Dutch firm IMS Group, with the view of expanding its market share in Britain and Ireland. 

Orlando, Florida-based Luminar Technologies Inc has announced it is to acquire a high-performance laser chip manufacturer, Freedom Photonics LLC, based in Santa Barbara, California.

EO Charging (EO), based in London, has mutually terminated its August 2021 agreement with First Reserve Sustainable Growth Corp (NASDAQ: FRSG) that would have seen EO listed on the NASDAQ exchange through a merger previously announced agreement in September 2021. Both parties decided to terminate the Business Combination Agreement because of unfavourable market conditions.

Robert Bosch GmbH, based in Stuttgart, Germany, has announced it is to acquire Atlatec GmbH, an autonomous driving specialist based in Karlsruhe, Germany. Atlatec will become part of Bosch’s Cross-Domain Computing Solutions division as an independently operated company.

McNeilus has purchased AI product 'CartSeeker' from Eagle Visions Systems which will help the cement mixer and refuse truck manufacturer in automating curb-side waste collection.

BorgWarner Inc, based in Auburn Hills, Michigan, USA, has announced it has signed an agreement with Santroll Automotive Components of Tianjin, China, to purchase its eMotor business for approximately USD220 million. The deal is expected to close in late Q1 2022.

Bus and coach builder, CaetanoBus, has announced it will be co-branding its zero emission buses with Toyota. This move follows the bus builder’s change in share ownership in December 2020.

BorgWarner Inc, based in Auburn Hills, Michigan, USA, has announced the completion of its previously announced takeover of German battery manufacturer AKASOL AG, headquartered in Darmstadt.

Cummins' acquisition of the drivetrain and brakes manufacturer will entrench its position as one of the major suppliers of components to the commercial vehicle industry.

Automated technology specialist ABB Ltd of Zürich, Switzerland, has announced the acquisition of a 60% stake in commercial EV charging firm InCharge Energy, based in Santa Monica, California, USA. The transaction builds on ABB’s initial investment as part of Series A venture capital funding in InCharge.

Plug Power will be working with Atlas Copco and Fives to liquefy and distribute 500 tons of hydrogen every day across the USA by 2025.