In addition, Schmitz has committed to sharing its innovations in temperature-controlled transportation with Sub Zero and helping it to modernise its facility in Pune, Maharashtra.

This is part of a broader strategy of integrating AI across its product portfolio.

Laksana shipped prototype based on Mercedes chassis in early July.

He joins ZF from components manufacturer ADM Group, having served in various roles including plant head and company president.

‘Completion of the offer is conditional on the separation of Iveco Group’s defence business’

This project is significant because it brings cost-effective green hydrogen closer to commercial reality, with Ceres still targeting a production cost of USD 1.5/kg by 2025.

The company also announced that its European operations are now headquartered in Frankfurt, Germany, overseen by Daniel Fräde, Director of Sales, Marketing & After Sales Europe.

The project will focus on the development and manufacturing of high-voltage EV components, including combined charging units, e-axles, inverters, and electric motors.

The order is worth INR 297.85 crore (USD35m) to supply 320 diesel (BSVI) 12-metre ultra-low entry rear-engine buses to the Tamil Nadu State Transport Corporation.

EKA Mobility has incorporated KPIT’s hydrogen fuel cell technology into its next-generation electric bus platform, while BPCL has installed the hydrogen production, dispensing, and refuelling infrastructure in Kochi.

A total of 37 vehicles, including H2 fuel cell and combustion engine-powered coaches and trucks, will be deployed on 10 different routes across the country.

The investment is scheduled for the fourth quarter of FY2025-26 and is aimed at supporting the ongoing capital expenditure and growth plans of Switch Mobility.