This centre has begun testing semiconductors that the company manufactures at its factory in Dresden, Germany. The new facility houses 400 employees and includes office space, conference rooms and laboratories to ensure quality control in the manufacturing process.

Chairman, Indian Oil, said: "The collaboration with an Indian biofuel major – Praj, ... will strengthen our resolve to achieve our goal of net-zero operational emissions by 2046 and maintain our leadership in the green energy domain.”

With 100 or so single temperature trailers operating in the UK, Tiger Trailers is now offering the market a tri-temperature version.

The recent expansion involved deploying a third 2X8 assembly line to increase production rates, meaning that the annual total capacity of the facility now hits 2,400 vehicles per year.

The trucks are produced at the company’s smart assembly plant in Zibo, Shandong province, run by the Geely Holding Group E-Pickup division. The first batch of exports were shipped to markets in Central Asia.

The decision symbolises a move towards electrification whilst the company will still serve the traditional ICE powertrains as the industry transitions to zero-emission transportation.

In the first half of 2023 the joint venture, based in Taiwan’s capital Taipei, sold 50 battery-powered buses (e-Bus) based on the ‘Model T’ prototype that was developed by Hon Hai based on its MIH purpose-built open platform.

The 64,000 square metre facility in San Luis Potosi will house a new manufacturing facility for power electronic components and electric motors with 380 new jobs to be created over the next five years. The facility is planned to come on line incrementally with phase 1 beginning in Q2 2024.

A Report from the 2023 Renault Trucks UK media event. Carlos Rodrigues (Managing Director of Renault Trucks UK and Ireland) gave the keynote speech where he said that the company had been consistently growing its market share in the UK and Ireland market over the last 5 years.

KG Mobility (known previously as Ssangyong Motor Company), has bought electric commercial vehicle manufacturer, Edison Motors Company, and will change the name to KGM Commercial.

The company will undergo a series of actions and emerge as a privately owned company, delisting from the public stock exchange in order to have a firmer financial base. Stefan Pierer, an Austrian investor and CEO of Pierer Mobility (a motorcycle manufacturer) will become Leoni’s sole shareholder.

The company halted production at its joint venture plant in the Russian city of Ulyanovsk in March 2022.