The company has appointed Erik Anderson as the new Chairman of the Board of Directors, taking over from George Gu who will step down on August 24, 2023. Additionally, the Board has elected Andrea Farace to serve as Vice Chairman of Hyzon’s Board.

The FC-powered coach is based on a customized BharatBenz coach chassis and powered by a fuel cell system designed and developed by Reliance Industries.

From now on, Volkswagen will specify to its Tier 1 suppliers which semiconductors and other parts it would prefer in its electronic components.

The implied enterprise valuation of "QEV NV" is EUR209m, and approximately EUR23m in capital has been committed to the proposed transaction.

The BharatBenz Certified initiative will undertake the refurbishment of pre-owned BharatBenz vehicles with a 125-point quality check that will lead to a thorough technical check, repair and restoration of the vehicles.

Representing an investment of approximately USD170m, the 200,000-square-foot plant will produce up to 100,000 high-pressure hydrogen vessels annually when it is completed.

This product announcement follows on from a Memorandum of Understanding (MoU) for long-term collaboration signed in January 2022 to develop autonomous vehicles.

The new 17.1-kW 600VDC to 24VDC liquid-cooled converter boasts a much greater electrical efficiency at 96-98%, thanks to its silicon carbide semiconductors.

The two companies are working together to launch trials of Plus’s Level 4 autonomous Iveco trucks, together with “smart road infrastructure”, in the Australian state of Victoria. 

The company posted revenues of EUR 41.7 million in H1 2023. Ebusco’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) was EUR - 43.5 million leading to an overall loss of EUR - 35.8 million.

The new inverter is an overhaul of the old design, making it better suited to commercial vehicle uses and more compliant with the latest cybersecurity requirements; that is according to Manuel Calero, Voith’s new vice president for E-Mobility who came into his role in February 2023.

The Federal Cabinet of Germany has allocated EUR 13.8 billion for E-Mobility funding from 2024 – 2027. The funding will target the advancement of electromobility, which includes the expansion of commercial vehicle charging infrastructure.