The company posted revenues of EUR 41.7 million in H1 2023. Ebusco’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) was EUR - 43.5 million leading to an overall loss of EUR - 35.8 million.

The new inverter is an overhaul of the old design, making it better suited to commercial vehicle uses and more compliant with the latest cybersecurity requirements; that is according to Manuel Calero, Voith’s new vice president for E-Mobility who came into his role in February 2023.

The Federal Cabinet of Germany has allocated EUR 13.8 billion for E-Mobility funding from 2024 – 2027. The funding will target the advancement of electromobility, which includes the expansion of commercial vehicle charging infrastructure.

Ebusco announced it has signed a framework agreement with Frankfurt Airport operator Fraport to deliver four twelve-metre-long Ebusco 3.0 buses, marking the first time an Ebusco vehicle will be used at an airport.

Schaeffler’s specially designed bipolar plates provide a power density of 4.6 kW per litre of fuel cell volume, 20% greater than the company’s previous generation of plates.

The new headquarters has been partly funded by the UK government, venture capital firms and a GBP 12 million grant from the Advanced Propulsion Centre.

Eicher and Valvoline have been associated since 2019 for the supply of Eicher Genuine Lubricants.

Traton brands will be enabled to import trailer data to the Rio portal, and truck data will also be imported to Schmitz’s ‘TrailerConnect’ platform.

Under the name of its sister company within the Boler Group of Watson & Chalin India Pvt Ltd, Hendrickson is introducing additional heavy-duty trailer axles, which are new to the Indian market.

The company announced its South Korean distributor, NGVI, has secured a supply contract for a hydrogen electric bus project with a second municipality in the country, this time with the county of Ulju. Loop will supply its trademarked hydrogen fuel cell system (eFlow).

The onboard engines are modified to run on LNG with Westport’s high-pressure direct injection (HPDI) system.

This centre has begun testing semiconductors that the company manufactures at its factory in Dresden, Germany. The new facility houses 400 employees and includes office space, conference rooms and laboratories to ensure quality control in the manufacturing process.