The battery manufacturer received approximately USD822m in cash following the closure of the business combination.

The Department of Energy is funding research into batteries, autonomous vehicles, lightweight materials, and emissions reduction.

The two companies will work to integrate communication protocols between Nuvve's vehicle-to-grid platform and Romeo Power's battery management system so that Romeo batteries can easily take and return energy to/from the grid.

Serial production of the prototype battery system, intended for eVersum's eShuttle range, is expected to take place at Microvast's European plant in Ludwigsfelde, Germany.

Swiss transport operator in the city of Basel, Baselland Transport, has taken delivery of  five Mercedes-Benz eCitaro solo buses from Daimler Buses as part of a pilot electrification exercise with plans to acquire a further eight more later this year.

Hyzon Motors and Chart Industries are teaming up to develop liquid hydrogen fuelled long-haul trucks.

AKASOL has signed a framework agreement to supply batteries to bus, coach and trailer builder, Van Hool NV of Koningshooikt, Belgium.

Solaris has confirmed MZK in Konin will become the first public transport operator in Poland to add a hydrogen bus to its fleet.

June 2021 saw ABBA BidCo, a subsidiary of BorgWarner, acquire 89.08% of Darmstadt-based battery producer, AKASOL, for USD648m. 

Ford Motor Company of Detroit, Michigan, USA and SK Innovation Inc, of Seoul, South Korea, part of SK Energy, have signed a Memorandum of Understanding (MoU) to create a joint venture company – to be called BlueOvalSK – to manufacture battery cells in the USA.

DAFO Energy Storage Protection is participating in a project together with the Swedish electronic testing solutions company, Wireflow, to develop a system for battery cell testing.

Aludyne Inc of Southfield, Michigan has acquired the CastLight division from Shiloh Industries Inc of Valley City, Ohio. CastLight custom die casting solutions provides a full line of advanced engineered products in both aluminium and magnesium.