The American manufacturer also stated its intention to “explore all legal recourse available” in connection with Tevva’s alleged breaches of the agreement.

The German trailer manufacturer's earnings before interest and taxes (EBIT) were positive, standing at EUR108.5m – whereas the company reported a loss of EUR15m the year before.

The second edition of this event (the first was led a year ago) is aimed at increasing collaboration with its supply chain partners to reduce carbon emissions.

The two companies have announced plans to integrate Adastec’s ‘Flowride.ai’ technology with the ‘Vicinity Lightning’ battery electric bus.

VWCO appoints new importer, which invests in new Customer Service Centre in Amman, Jordan.

The special edition truck is to mark 10 years of operations in Brazil and just 120 of these limited edition models are to be produced and sold.

A Reuters report yesterday announced that the Swedish-based electric vehicle startup has decided to file for bankruptcy in its home country.

This year, the Michelin Group is celebrating an important milestone in its long history of motor tyre manufacturing. In 1923, the French company developed a method for applying a new tread to old tyres, thus extending their useful life. One hundred years later, Michelin Tyre Plc commemorated the anniversary at the ‘Michelin Remix’ factory in Stoke-on-Trent, UK, where the company has been retreading truck and bus tyres since 1968.

The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.

The two companies have agreed to collaborate in the development of purpose-built vehicles (PBVs) optimised for delivery of goods.

The 12-metre bus, dubbed ‘Lion’s Explorer E’, was supplied to Golden Arrow Bus Services for pilot testing in Cape Town, South Africa.

The Volterra ZSL will be North America’s first electric waste collection truck with an integrated cab-chassis and body designed from the ground up, according to parent company Oshkosh.