NEVs to account for 50% of total sales by 2030.

MoU signed with local distributor Petromin and Saudi Government

Partnership aims to accelerate introduction of fast-charging heavy trucks.

New company to help improve competitiveness of battery-powered trucks

Sales and After-Sales director, Mauricio Santana says the goal is to finish this year with at least 80 dealerships strategically distributed throughout the country.

Partnership will build a charging network across China for commercial vehicles

Inchcape confirmed that would start selling a range of Foton new energy and internal combustion engine (ICE) vehicles, including pickups, vans and trucks, in the fourth quarter of 2024.

ZF confirmed that under the new agreement it would further develop the latest version of the hybrid automated manual transmission system, TraXon 2 Hybrid, for heavy-duty trucks in China.

The Cavan brand was established by a joint venture called Beijing Cavan New Energy Vehicle Company Ltd (Cavan Auto), formed in 2023 with a registered capital of CNY500m (USD290m), in which Foton owns a 65% stake, Bosch Venture Capital 10% and the remainder is split between the other financial institutions.

Indomobil is the Indonesian assembly and distribution partner for several overseas vehicle brands, as well as commercial vehicle companies such as Hino, Renault Trucks and Volvo Trucks.

Foton to invest USD1bn in new truck in Mexico with plans to enter the markets of Canda and USA via NAFTA.

These buses are equipped with an Allison Torqmatic fully automatic transmission and a Cummins engine aimed at improving fuel efficiency, reducing emissions and lowering engine noise levels. This contributes to the significant growth in Allison’s export bus sales from China.