Araujo takes over from company founder Alberto Lacaze.

With the announced investment, ZF will hire 400 new workers and prepare the site for a wider range of manufacturing outputs, serving both internal combustion engines and electric powertrains.

Following the departure of Joe Cappello from the company, Hoefelmann has assumed leadership, overseeing the company’s supply strategy, technology, dispensing, and development, as well as directing Nikola’s hydrogen fuel brand ‘Hyla’. 

Throughout 2024, Ballard will supply 100 hydrogen fuel cell engines (FCmove-HD) to power New Flyer’s Xcelsior Charge FC buses in North America. The engines will be produced in Ballard’s Oregon Facility in the U.S.A.

The station boasts a daily capacity for up to 40 Class 8 trucks, including (though not exclusively) Nikola’s own range of fuel cell electric trucks.

The electric vehicle manufacturer also reported USD58.5m in working capital and incoming revenues of over USD12m from recent vehicle deliveries.

Powering America’s Commercial Transportation (PACT) claims it is a new “voice for zero-emission commercial vehicle infrastructure", citing a lack of sufficient charging infrastructure for battery-electric medium- and heavy-duty vehicles.

Continental will build initial versions of the hardware as well as test, prototype and validate Aurora’s technology before it starts production at its facility in New Braunfels, Texas, USA.

Under the Exro name, the combined company will supply e-powertrains to original equipment manufacturers in the passenger car and commercial vehicle segments.

On 12 January, Phoenix Motor announced that it had completed its acquisition of the Proterra Transit, and on 2 February, Volvo announced that its acquisition of Proterra Powered had completed.

The value of the orders received so far amount to approximately USD6m, according to Bollinger's parent, Mullen Automotive.

T&BB has been in contact with the accounting firm, Ernst & Young (EY) who is handling the administration process.