Sales of LCV goods carrier (truck) vehicles gvw ≤ 7.5t domestic stagnated in Q3 of FY 2023-24 with sales rising by just 0.6% compared with the same period of FY 2022-23.

These 'S.KO COOL' reefers are installed with Schmitz’s ‘S.CU d80’ transport refrigeration units as well as its ‘TrailerConnect’ telematics hardware.

The company has appointed Dr Christian Mohrdieck as Chief Technology Officer (CTO), effective immediately. Hyzon stated that Mohrdieck will oversee all product commercialisation, specifically focusing on the start of production of its single-stack 200kW Fuel Cell System (FCS), scaling up manufacturing and advancing the company’s R&D operations.

In the heavy vehicle segment, the company sold 145,506 battery units in 2023 compared with 87,844 the previous year, a change of +65.6%. Conversely, in the light vehicle segment, 2023 sales rose to 25,831, a +11.5% increase from 2022 figures (23,175). Analysing total sales, 2023 saw a 54.3% growth, to 171,338, from 2022 sales figures of 111,019.

Allison Ventures is tasked with investing in and partnering with early stage growth companies that drive technology advancement across the CV mobility industry. The company has said that it will specifically focus on technologies relating to connectivity, digitalisation, sustainability, automation and electrification.

The HVCH is expected to go into production in Q1 2026. This is the third contract that has been secured for this product, which is specifically designed for the heating of a BEV’s battery and cabin.

Sophie Tricaud, Director of Communication and Public Affairs at Forsee Power in response to T&BB confirmed that building works in Ohio is now complete and that the production lines were being installed, with series production scheduled to start in Q3 2024.

The company is set to supply BAE Systems with its Forsee Zen Plus battery system to equip BAE’s Gen3 powertrain on a class 7 demonstration truck. The batteries will be produced at Forsee’s new manufacturing facility in Columbus, Ohio, beginning in Q1 2024.

The Board of Directors has approved the decision to repurchase USD 20 million of its common stock through a “stock repurchase program”.

Beginning in 2025, Forvia will supply its Type IV hydrogen storage systems for medium-duty commercial trucks in the North American market.

Jill Greene is appointed as the Executive Vice-President, Group General Counsel and Board Secretary whilst MA Chuan has been appointed Executive Vice-President of China. Both will report directly to CEO, Patrick Koller.

As the new Chief Technical and Operations Officer, Joel Theut will lead all operations relating to the company’s supply chain, R&D and innovation, bringing over 30 years of international automotive experience in product development, business development and project management.