All investment Articles
$75 million investment, creation of 60 jobs to increase production of Series 4000 engines
New additions will help support growing data center power business
Production boost at three international sites aims to reduce emissions and localise supply chains
Strategic investments to be made over a 10-year period
The new location is the seventh plant operated by Danfoss in India
OEM truck production plans finished, company will move to a tech licensing model
Previous owner reinvests in the telematics and data specialist
Advanced IC engines,regulatory shifts & Nikola and a moderated EV landscape
Illinois plant makes 100,000 truck bumpers a year.
Investment underlines role in growing global market for energy infrastructure
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Brendon Waldron joins the company after a successful career with Rolls-Royce Electrical
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aifleet uses proprietary AI technology to boost driver satisfaction and truck utilization
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Investment in Waabi intended to progress full-scale autonomous transport solutions
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Some countries in Latin America are seeing construction perform very strongly
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Investment will include a clean energy laboratory to test fuel cells and select electric drives
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Site supports ICE and e-mobility technologies for passenger cars and commercial vehicles
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Funds will be used to develop waste-to-bio-methanol plant in UAE
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New production site will open in 2025 and be dedicated to welded components and operator cabs
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Investment will further battery energy storage subsystem and power generation development
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The TE6 tractors were developed at Coëx facility which will benefit from cash