‘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

Algolux specialises in perception software to improve computer vision for advanced driver assistance systems and autonomous vehicles.

Jane Beaman has been appointed to Vice President and General Manager of the Pickup and Global Bus Business, Andreas Lippert to Vice President of New Power Engineering and José Samperio to Vice President and General Manager of North America On-Highway.

Under the Inflation Reduction Act, vehicles with a gross weight exceeding 14,000 pounds (6350 kg) can now qualify for commercial clean vehicle tax credits of up to USD40,000.

The company announced an emissions testing milestone for its Vehicle Group's cylinder deactivation (CDA) and late intake valve closing (LIVC) technologies. Both are proven to systematically reduce carbon dioxide (CO2) and nitrogen oxides (NOx), and both are designed for diesel-engine-powered commercial vehicles to achieve compliance with new EU Euro VII emissions legislation.