In 2022, the Canadian manufacturer of gas engines made USD305.7m, a 2% fall compared to revenues (USD312.4m) reported in 2021.

Nikola has agreed to purchase an unspecified number of liquid hydrogen storage tanks, transport trailers, and mobile and modular refuelling stations from Chart, and agreed with Klean to work together in producing hydrogen using energy from recycled waste feedstocks.

ABC offers two electric coach models, the Van Hool CX45E triaxle single high deck model and TDX25E triaxle double deck coach.

"The market in 2022 started coming back with between 700 and 800 units registered. The number this year is expected to be well over a 1,000 probably closer to 1,500 maybe even higher at 2,000 units," said Pantuso at the Busworld North America Exhibition in Detroit, USA.

Over the next five years the global market for bus and coach is expected to almost double from around 169,000 in 2022 to 309,000 in 2027, according to Krishna Achutan, Program Manager at Frost & Sullivan speaking at a Busworld foundation seminar at Busworld North America.

Its subsidiary, PowerCo, will build gigafactories for EV battery cells in Sagunto, near Valencia, Spain, and in St Thomas, Ontario, Canada, to open in 2026 and 2027 respectively.

The agreement with Italian lightweight automotive components manufacturer, Poggipolini, will see both companies combine resources, skills and research and development projects regarding battery module and pack design solutions to service the automotive EV sector.

DAF Trucks Ltd has entered the UK’s Capital Cities Challenge EV Rally, showcasing its 19-tonne LF Electric truck across a five-day 1000-mile driving event, designed to test both the vehicle as well as the necessary charging infrastructure that will be utilised.

The powertrain manufacturer is investing in its Power Generation facility in Minnesota and its Jamestown Engine Plant in the state of New York.

The organisation has made three recommendations to ensure the successful implementation of hydrogen into the UK transport sector, with the first being, a minimum network of 200 hydrogen refuelling stations by 2030.

Borgwarner stated that the acquisition is an important move for the company’s electrification business in Asia.

The fuel cell uses a trapezoid flow field design enhancing temperature consistency responsible for increasing hydrogen production, durability and efficiency.