Allison Ventures is tasked with investing in and partnering with early stage growth companies that drive technology advancement across the CV mobility industry. The company has said that it will specifically focus on technologies relating to connectivity, digitalisation, sustainability, automation and electrification.

Stone is currently the President and Chief Executive Officer of global security firm Allegion. Before this, he was President of agricultural equipment manufacturer Deere & Company. Stone earned an MBA from the Harvard Business School.

The HVCH is expected to go into production in Q1 2026. This is the third contract that has been secured for this product, which is specifically designed for the heating of a BEV’s battery and cabin.

The 12.1 metre (40 foot) Mega Beast boasts an impressive 482 km (300 miles) range thanks to a 387 kWh battery pack, which the company claims is the most powerful battery pack in the U.S. electric school bus market.

Four Type A Nano Beast school buses have been delivered to Cabell County, Clay County, Kanawha County and Monongalia County school districts in West Virginia.

Sophie Tricaud, Director of Communication and Public Affairs at Forsee Power in response to T&BB confirmed that building works in Ohio is now complete and that the production lines were being installed, with series production scheduled to start in Q3 2024.

The project encompasses the deployment of several electric BYD yard tractors equipped with Wave wireless charging (inductive) technology set to be deployed at the customer's distribution centre in Salt Lake City in Q1 2024.

The Board of Directors has approved the decision to repurchase USD 60 million of its common stock over the next 24 months (two years). The transaction will be funded by the company’s cash reserves.

The Board of Directors has approved the decision to repurchase USD 20 million of its common stock through a “stock repurchase program”.

Beginning in 2025, Forvia will supply its Type IV hydrogen storage systems for medium-duty commercial trucks in the North American market.

Tully is Co-Founder and Vice Chair of Earthrise Energy, an energy company based in the USA.

The ‘Open Platform for Autonomy’ (OPA) is a modular software platform intended to support would-be developers of semi- and fully-autonomous vehicles and subsystems.