Vehicle and powertrain hardware and software developer, FEV North America has entered a long-term agreement with electrified powertrain systems provider, Hyliion to support the design, development, integration, and production validation of their innovative Electric Range Extender for Class 8 tractor trailer applications.

REE Automotive has completed its merger with 10X Capital Venture Acquisition Corporation on July 22, 2021, following approval of shareholders.

Chevron USA has signed a memorandum of understanding to explore a strategic alliance with engine manufacturer, Cummins, to develop commercially viable business opportunities in hydrogen and other alternative energy sources.

July 2021 saw Cummins begin testing a hydrogen-fuelled internal combustion engine as part of its proof-of-concept testing and to build on existing expertise in gaseous-fuel applications and powertrain products.

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

Phillips Poland is making substantial investments in its European production facility in response to rapid growth in demand for its products in Europe. These investments are also to align its capabilities more closely with European and world wide markets.

The plan to purchase Cooper Tires was first announced in February 2021

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.

Bridgestone Americas has made a minority investment in Kodiak Robotics. The partnership will allow Bridgestone to integrate its smart-sensing tyre technologies and fleet solutions into Kodiak's level 4 autonomous trucks.

AC Transit, which operates in the San Francisco Bay Area, has ordered an additional 20 fuel cell electric buses from New Flyer of America.

Hydrogen fuel cell, truck and bus builder, Hyzon Motors has taken an order for 70 hydrogen fuel cell-powered heavy-duty trucks from Austrian grocery store chain with almost 300 locations.

Bridgestone Americas is expanding its Williamsburg, Kentucky, air springs manufacturing plant. The USD51m investment in the Firestone Industrial Products' plant will help meet market demand in the automotive vehicle market with a focus on making products for electric vehicles.