In the first half of 2023 the joint venture, based in Taiwan’s capital Taipei, sold 50 battery-powered buses (e-Bus) based on the ‘Model T’ prototype that was developed by Hon Hai based on its MIH purpose-built open platform.

Proterra, whose shares nearly halved in value after the bell on Monday the 7th of August 2023, listed its assets and liabilities in the range of USD 500 million to USD 1 billion. The company says it has a market value of USD 309 million and is currently trading at USD 0.15 a share as of Thursday the 10th of August.

Over the past several months, the share price of the battery electric vehicle manufacturer has tumbled by 90%, from USD3.25 at the end of March to USD0.32 per share on 13 June. As of writing (25 July), the company’s value stood at USD0.14 per share.

The new Volksbus range already consists of seven models - one more for minibus production is now being added.

The bankruptcy estate of Sensible 4 is proceeding to liquidation of the company’s assets and invites any interested parties to get in contact by 31 July.

Libreparts now has 21 outlets throughout Brazil.

The 3.5-tonne Iveco eDaily has set an official Guinness World Record for the highest weight towed by an electric box van. The vehicle pulled three trucks with a total weight of 153.8 tonnes over the required distance of 30 metres.

Anadolu Automobil Romania (AAR) is the official distributor of Karsan vehicles in Romania - by the end of the year, the number of Karsan vehicles in the country will reach 240, operating in 15 cities.

Okan Baş, CEO of Karsan at UITP in Barcelona, Spain, announced the company had sold its 700th electric vehicle very recently and that now, with a presence in 20 countries, its goal in 2023 is to double its e-bus sales of 330 units in 2022.

Cumulative orders since March for BAESystems total 1,805 units for delivery taking place over the next two to three years.

The company has attributed this to strong growth in the electromobility segment (e-bus) as well as its presence in new markets such as Australia and Turkey.

The company has had an impressive last 12 months with positive sales figures, manufacturing investments and many more company highlights we are set to bring you, as the company successfully managed to navigate and innovate during a global pandemic and components shortage.