The deal, understood to be worth KRW13trn (USD9.4bn), comes a year after the two companies decided to scrap plans to build a battery manufacturing joint venture in Turkey due to weakening demand for electric vehicles (EVs) in Europe.

At last year’s Busworld, Voith Turbo celebrated the 70th anniversary of its ‘DIWA’ line of automatic transmissions for urban and suburban buses. The German manufacturer had just brought out the latest addition to the DIWA range, the ‘DIWA NXT’. This reimagining of the city bus transmission, incorporating a mild hybrid system (optional), appeared on the scene when it still seemed that fully electric was the only way to go. Markus Bischoff – who is responsible for the DIWA product line – believes the company made a “brave decision” in supporting the development of the mild-hybrid transmission; today, he feels vindicated by the resurgence of interest in hybrids. “The main request we get from our customers,” Bischoff told Truck & Bus Builder, “is affordability.”

Justifying the choice, Workhorse said that Siemens’ software meant it could eliminate the “costly” multi-computer-aided-design environment it relied on before.

The company is bringing its electric minibus (the 6-metre e-Jest) to British consumers through Horsham-based dealer, EVM UK Ltd.

Nova Bus announced last year that it would cease production at Plattsburgh by 2025, citing the location’s weak profitability.

The Hilux Rangga, first unveiled at last year’s Gaikindo Indonesia International Auto Show, is based on the same IMV* platform as exiting Hilux pickup trucks but has a radical new body design.

Iveco Bus is authorized to supply more than 7,000 school buses under the Caminho da Escola programmes.

The German manufacturer says the order for 27 battery electric buses from Ledermair is the largest order for electric buses the company has received thus far from a private operator in Austria.

The group has signed distribution agreements with two truck-trailer dealers, Ascendance Trucks LLC of Boca Raton, Florida and Allegiance Trucks LLC of Stamford, Connecticut.

Market introduction of electric trucks by Volvo started in 2019; since then there are currently 4,200 Volvo electric trucks in operation in 48 countries.

The ‘Urbino 24’ double-articulated buses will serve on bus rapid transit routes in the city.

Established last year, ‘Our Next Energy Korea Ltd’ was based out of an office in Hwaseong and employed less than ten people.