Chief Financial Officer Craig Webster cited unfavourable market conditions, “including interest rates doubling in the last year”, as the motivating factor behind the decision.

In the wintertime, two Volvo VNR Electric trucks will serve in real operations with Murphy Logistics Solutions in Minnesota, and in summer they will serve with HEB Grocery Company in Texas, offering two opposing extremes in temperature.

As a result of the increased energy storage, the FL Electric can now travel up to 450 kilometres on a single charge, while the range of the FE Electric is extended up to 275 kilometres.

The project will establish a procedure for battery health assessment and develop methods for preparing replacement components and for disassembly and reassembly of battery packs.

MasterTrans is a dedicated bus builder established a decade ago in Taiwan, which is transitioning to production of electric buses in 18 months' time.

The manufacturer announced it is taking cost-cutting measures to reduce its outgoings to under USD400m by 2024, including layoffs of approximately 270 workers at multiple sites.

The U.S. Department of Energy took the decision to cancel the deal with Microvast in late May without offering any specific reason - though the company has been the subject of allegations linking it to the Chinese government.

Nielsen replaces Jack Allen, who has retired from the company.

Called ‘Decarbonisation Academy’, Renault Trucks’ educational platform is intended to “demystify” electric vehicles and provide clear and accurate information to customers looking to incorporate battery electric trucks into their fleets.

Motiv Power Systems’ latest vehicles will be capable of achieving ranges up to 200 miles, even when fully laden with cargo or passengers, thanks to alterations made to powertrain components which the company developed together with its partners.

The battery packs contain safety features including current overcharge protection, cell-level passive propagation resistance, and electrical disconnection at the individual cell wire bonds that satisfy international safety standards.

The vehicle shown was a Ram 2500 pickup truck with four-wheel drive and peak power and torque ratings of 750 kW and 15,200 Nm respectively.