AGP Executive Report
Last update: 4 hours agoAutonomous Freight: Pony.ai and GAC Commercial Vehicle unveiled an L4 autonomous heavy-duty truck at IAA Transportation in Hannover, aiming for large-scale production this year and a push into European and Middle Eastern markets. Industrial Decarbonisation: Johnson Controls launched its Sabroe HitemHP industrial high-temperature heat pumps, built in Europe, targeting electrification of process heat above 100°C. Hydrogen Manufacturing: Stargate Hydrogen secured a €21m EU Innovation Fund grant to expand electrolyser stack and system production in Tallinn, boosting EU-made capacity for Power-to-X. Pharma Restructuring: GSK plans to shut its German vaccine manufacturing site in Dresden, affecting about 650 jobs, as it consolidates operations under a wider savings drive. EU Trade Policy: The European Parliament approved temporary trade liberalisation for Armenian products, suspending customs duties on a broad range of goods for two years. Cyber & Compliance: The EU Cyber Resilience Act’s 24-hour vulnerability reporting clock is now live, raising new obligations for device makers. Climate Risk: EU lawmakers debated wildfire and drought prevention after a severe summer, with calls for stronger long-term prevention and resilience planning. Logistics for EV Supply Chains: DP World started a €50m expansion of its German chemicals logistics site in Wolfenbüttel, adding lithium-ion battery storage and a new rail terminal. Security for Physical AI: Italian cybersecurity unicorn Exein raised $270m to protect robots, drones and connected devices, expanding from IoT security into runtime protection for physical AI.
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