The brand organises a disparate set of different business operations which relate to transport and industry decarbonisation, including: fuel cell and battery manufacturing; electric powertrain products; and electrolysers for producing green hydrogen.

Excluding the contribution from the recently-acquired Meritor, Cummins made USD26.2bn, a 9% improvement on the year before (USD24bn).

The company launched two new models in its electric truck and van range. The first was a heavy-duty truck, the LM864H, a class 8 HFC 6×4 semi-tractor and the second was the Logistar 300 electric van (class 3). Both vehicles are scheduled to be available in Q3 2023.

The new Digital ThermALERT can transmit data wirelessly, allowing fleet operators to remotely monitor tyre temperatures in real-time via a digital portal called ‘TireView LIVE’.

‘Phillips Innovations’ will have two focuses: sustainable energy technologies, such as solar power and electrification products; and patented camera and other visual perception devices.

The American retrofit firm raised over USD20m in the first tranche of a funding round led by Texas-based Reynolds Capital, the investment arm of dealership software firm The Reynolds and Reynolds Company.

For a fixed fee, which can be spread over 60 months and bundled with a vehicle lease, customers are given access to remote diagnostics and programming services which update vehicle software over-the-air and identify potential faults with truck components.

The 844,490-square-foot facility, which will be used to scale up production of a new electric refuse truck, expands on the existing production capacity of Oshkosh and its subsidiary, McNeilus, in the state.

Eaton unveiled new products in its aftermarket mobile power portfolio, including a new electrified power takeoff (ePTO), an FR2 twin-flow piston pump and an 8-bolt adapter for Detroit DT12 transmissions.

The Class 6-7 MD Electric series of trucks - the zero-emission equivalent of the MD Series launched in 2020 - will be supplied with SEA-Drive power systems over a five year period.

The camera feeds real-time video to a display in the cab, providing the driver with a greater field of view of the sides and rear of the tractor-trailer, according to Stoneridge.

Total net sales came to USD2,769 million, up 15% from USD2,402 million in 2021