Seven early-stage companies were selected as the winners of the H2 Refuel Accelerator, which was established to identify innovative solutions to increase the adoption of hydrogen infrastructure and supply chain technologies.

Nexen Tire, a global tyre manufacturer, has formed a strategic partnership with Plug and Play, a corporate innovation platform and start up accelerator.

Navistar Inc says it is to make capital investments of approximately USD125m in new and expanded manufacturing facilities at its Huntsville engine plant in Alabama State.

The Volvo Group has signed an agreement with software specialist, NVIDIA to jointly develop a decision-making system of autonomous commercial vehicles and machines.

Isuzu Motors Ltd has announced progress with discussions for a partnership with US diesel engine manufacturer, Cummins Inc, that culminated in the two companies signing an agreement to form the Isuzu-Cummins Powertrain Partnership at the end of May.

Electric commercial vehicle and mobility specialist start up, Workhorse Group Inc says it has raised USD25m through a private offering of Series B preferred non-convertible stock (but the holders are entitled to annual dividends payable in shares of common stock) with a group of institutional investors.

Emissions specialist, Eminox Ltd and Johnson Matthey PLC, have signed a new agreement for Eminox to package the catalyst within the Fischer Tropsch novel reactor technology jointly developed by Johnson Matthey and BP, the London-based energy producer.

SAF-HOLLAND Group and Lohr Industrie, a specialist in truck bodies and trailers for transporting cars, have entered a strategic partnership to advance the development of electric trailer axles.

Commercial Vehicle Group Inc has expanded its presence in the construction and mining seat segment in Asia following new customer wins valued at USD10-13m in annual revenue.

NFI Group Inc - North America’s largest and most diversified bus and coach manufacturer - has acquired Britain’s largest bus and coach builder, Alexander Dennis Ltd, for GBP320m; this represents an implied purchase multiple of 7.3 x ADL’s fiscal year 2018 adjusted earnings before interest, taxation, depreciation and amortisation and on a cash-free, debt-free basis, subject to certain adjustments. 

New Flyer of America Inc has entered an exclusive partnership with Robotic Research LLC to advance autonomous bus technology through developing and deploying advanced driver assistance systems in heavy-duty transit bus applications. 

NFI Group Inc in March reported record new vehicle deliveries of 4,313 EUs in the year ending 2018, and up by 12.7% from 3,828 in 2017.