This will entail integrating Exro’s Coil Driver inverter technology with SEA Electric’s 5e electric drive system to enhance the performance and cost-efficiency of electric propulsion systems for commercial vehicles.

In response to delays in hydrogen infrastructure development and slower-than-expected adoption of fuel cell technology, the company aims to reduce operating expenses by over 30%. Key actions include workforce reductions, rationalisation of product development programs, and cuts to capital expenditures.

On 25 October, the entire Board of Directors at the Canadian manufacturer resigned from their positions, following the grant of a petition for receivership of the company by the Royal Bank of Canada.

Electra Battery Materials will use the funds to build its cobalt sufate refinery in Temiskaming Shores, Ontario, which will be the first of its kind in North America. The funds are part of a broader effort to strengthen North America's critical mineral supply chain, specifically focusing on cobalt sulfate production.

Headquartered in Vancouver, British Columbia, and with offices in Gothenburg, Sweden and Brescia, Italy, Cespira was formed by the two companies to commercialise Westport’s high-pressure direct injection technology.

The culminating event of the company’s centenary celebrations was held in Sainte-Claire, the town where Eugène Prévost, founder of the company, was born in 1898.

The company cut 300 jobs in the U.S. and Canada amid financial pressure as it seeks profitability. The cuts came in the manufacturing and administrative segments of the business.

According to Ballard, this ninth-generation module offers class-leading power density and scalability, with power outputs ranging from 120 to 360 kW. One key feature is its modular design, which allows flexible integration based on the needs of different truck applications and payload requirements.

On 9 August, the Royal Bank of Canada and Export Development Canada served Vicinity Motor letters demanding full and immediate payment of outstanding debt balances, totalling nearly USD28m.

The ‘Hyla’-branded fuel station was opened at the end of July in Etobicoke, a district within the city of Toronto.

The company announced that its Logistar 300 electric van has received approval from the California Air Resources Board (“CARB”) and a certificate from the Environmental Protection Agency (EPA), meaning that the van qualifies for state and federal funding.

BYD trucks imported into Europe will be equipped with both Geotab’s hardware and software, that collects and transmits vehicle data which includes safety analytics, trip data, zone activity, electric vehicle statistics, exception events, GPS tracking, and more.