In an attempt to generate operational capital, the Board approved plans for an accelerated book-build offering of newly issued ordinary shares at an extraordinary general meeting on 29 January 2024.

The purpose of the BharatBenz Regional Training Centres is to upskill and reskill the capability and competence of more than 3,500 drivers and, sales and service personnel across the BharatBenz network, annually.

Walenczak is an internal promotion, having served two years as Kenworth's assistant GM for sales and marketing.

The company has appointed Dr Christian Mohrdieck as Chief Technology Officer (CTO), effective immediately. Hyzon stated that Mohrdieck will oversee all product commercialisation, specifically focusing on the start of production of its single-stack 200kW Fuel Cell System (FCS), scaling up manufacturing and advancing the company’s R&D operations.

Stone is currently the President and Chief Executive Officer of global security firm Allegion. Before this, he was President of agricultural equipment manufacturer Deere & Company. Stone earned an MBA from the Harvard Business School.

Jill Greene is appointed as the Executive Vice-President, Group General Counsel and Board Secretary whilst MA Chuan has been appointed Executive Vice-President of China. Both will report directly to CEO, Patrick Koller.

As the new Chief Technical and Operations Officer, Joel Theut will lead all operations relating to the company’s supply chain, R&D and innovation, bringing over 30 years of international automotive experience in product development, business development and project management.

Tasked with stabilising the company’s finances, Meyer brings more than 20 years of experience in international finance.

Tully is Co-Founder and Vice Chair of Earthrise Energy, an energy company based in the USA.

She replaces Ulrich Hörnke in the role.

He replaces Pipasu Soni, who will leave the company to “pursue other opportunities”.

Before joining Bendix, Stroka was a member of the Knorr-Bremse management board since 2020 where he was responsible for the European CVS division.