End-of-life batteries used to build charging network.

The company announced its 2024 financial results, with revenues down by EUR 19.5 million in 2024 at EUR 151.8 million compared with EUR 171.3 million in 2023.

MAN says it has invested EUR220m to retool the Nuremberg plant for D30 production, as well as an additional EUR30m in associated crankshaft production in Salzgitter.

Farizon signs local joint venture partnership.

The ‘Air Top Pro 25’ is a commercial vehicle air heater with a maximum output of 8,500 BTU/h, or 2.5 kilowatts, whereas the ‘Cool Split 20 Evo’ air conditioning system is designed specifically for heavy-duty trucks.

The company said it obtained a letter of conformity to IATF 16949 on the design and manufacturing perimeters for its ‘SymphonHy’ site from testing and certification firm Bureau Veritas last December, exactly a year after the gigafactory’s inauguration.

Facility with annual capacity for 50,000 smart, battery-powered trucks.

Reduced volumes in the truck and powertrain sectors, reduce 2024 revenues but lower operating costs deliver improved margins.

Musso EV to be first Korean-made battery-powered pickup.

Daimler announced decreased sales in 2024, with 460,409 trucks and buses sold compared with 526,053 in 2023, a 12% decrease. This is a rocky start for recently appointed CEO Karin Rådström, who succeeded Martin Daum late last year.

The GBP 3.5 million investment opened its doors on February 13 and will exclusively train apprentices for the DAF brand, with 500 individuals confirmed to attend courses in its first year.

The sale has been finalised after receiving the necessary regulatory approval. The divestiture is part of Goodyear’s plan to cut costs by streamlining its business operations.