Internacional Hispacold SA (Hispacold), a subsidiary of Irizar Group SC headquartered in Seville, Spain, reported turnover increased by 28.6% to EUR46.3 million in 2021, up from EUR36 million a year earlier, which was mostly supported by growth in the rail segment of the business, but also from the e-bus segment.

HVAC systems supplier for bus and coach and rail, Hispacold SA has opened a climate testing laboratory at its headquarters in Seville. The new purpose-built facility has two separate climate chambers, one for bus and one for rail. Hispacold says it has invested close to EUR1million in the centre, with initial plans first drawn up as far back as 2010.

Hankook Tire & Technology, based in Seoul, South Korea, has announced the official opening of a new test centre in Idiada, Spain, around 40 miles outside Barcelona. The test centre operates a highly automated testing process with an on-site team of around 20 people.

Cummins Inc, based in Columbus, Indiana, has released its Q4 2021 and full-year financial results. Overall, the year saw total revenues grow by 21% from the same figure in 2020, for a total of USD24 billion. Sales from North America grew by 17% whereas international revenues grew by 27%.

The French manufacturer teased details of two heavy-duty electric trucks designed for regional haulage and construction applications respectively.

Bus and coach builder, CaetanoBus, has announced it will be co-branding its zero emission buses with Toyota. This move follows the bus builder’s change in share ownership in December 2020.

The axle and brake manufacturer achieved sales of EUR1.247bn in 2021, with improved performance across the globe.

According to IHS Markit, Volvo Trucks achieved a 42% share of the electric truck market in Europe, with 145 vehicles under the Volvo brand having been registered in 2021.

Nikola reported net losses of USD159m in Q4 2021 and USD690m for FY 2021.

The order for 100 units of the VMC 1200 range is worth CAD12m and is set to be fulfilled beginning in Q2 2022.

Viritech is designing a heavy goods vehicle concept nicknamed 'the Jovian' at the MIRA Technology Park in the UK which will use a composite construction and patented hydrogen tanks.

The Turkish commercial vehicle manufacturer achieved revenues of TRY4.5bn and net operating profits of TRY1.76bn.