“Iveco has doubled its market share in the UK over the last five years,” Cutts opens. “Last year, we finished just shy of 5%. That was a tactical decision to grow our vehicle park and volume, re-establishing ourselves as a serious player.”

At last year’s ACT Expo in Las Vegas, Truck & Bus Builder met for the first time with Range Energy to learn more about its “electric trailer platform”. This year’s show provided the opportunity for a business update after two major announcements: the appointment of a new chief executive officer, Jon Foster, and a supply agreement with ZF Group for its ‘AxTrax 2’ e-axles. I spoke with founder Ali Javidan – now chief technology officer – and Foster about what the company hopes to achieve in the next five years.

The investment is scheduled for the fourth quarter of FY2025-26 and is aimed at supporting the ongoing capital expenditure and growth plans of Switch Mobility.

With existing offices in Sweden, Norway, the UK, the Netherlands, France, and other European markets, the Düsseldorf expansion positions Kempower to meet surging demand for EV infrastructure in Germany.

The new owner of Magirus, Mutares SE & Co KGaA, has ambitious plans for the company: by 2030, it aims to double Magirus revenues to over EUR750m per year while also reducing emissions from production to net zero.

The company says this move to unlock value from non-core assets is consistent with Rane Holding Ltd’s strategic objective of streamlining operations and strengthening financial performance.

The company’s proposal would bring an end to bus bodybuilding at the Larbert and Falkirk plants, putting up to 400 jobs at risk, or approximately 22% of the current workforce.

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

This development is particularly significant for the commercial vehicle (CV) sector, where affordable green hydrogen could accelerate the adoption of hydrogen-powered vehicles, especially in long-haul transport.

Spheros, the specialist in heating, air conditioning, and thermal management systems for buses, has been independent from its former parent Valeo for nearly a year now, and company CEO Mark Sondermann wants people to know it. “We are no longer constrained by the strategic priorities of a larger group,” he told Truck & Bus Builder. “There is now only one priority, and that’s Spheros.” Following the Valeo acquisition in 2016, Spheros adopted its parent’s name; the reclamation of its own name marks a definitive break with the recent past. And the change is a timely one: “We can now be more agile. We can take faster decisions. It gives us the room to act in this very exciting and very dynamic market.”

In an era of volatility and change, some companies not only survive but continue to lead. Leicester-based BPW Ltd (the UK arm of the BPW Group, headquartered in Wiehl, Germany) is one of those companies. Truck & Bus Builder (T&BB) recently travelled to Leicester to discover how the company has retained its market leadership and what lessons the wider commercial vehicle (CV) industry can draw from its approach.

In spite of considerable sums of investment in support of Switch in the UK - Ashok Leyland views closure as possibility for UK subsidiary.