In January 2025 New York State Governor Kathy Hochul announced a new round of USD 100 million in State funding for the purchase of new zero-emission buses as well as the necessary charging equipment/refuelling technology.

Perrone will supply four Ford ‘E-Transit’ vans, which will be converted to carry passengers and retrofitted with its ‘TONY AV’ kit, allowing them to drive autonomously.

The budget is aimed at incentivizing around 28.81 lakh electric vehicles over the next two years!

Initially, the facility will have a production capacity of 50,000 packs a year; MAN is hoping to expand this to 100,000 by 2030.

The market for commercial vehicles over 2 tons gvw in Vietnam continued to recover in the third quarter of 2024, with sales growing by 21%.

Sales of commercial vehicles over 2 tons gvw in Thailand continued to plunge in the third quarter of 2024, by 45% to 45,111 units.

The commercial vehicle market over 2 tons gvw continued to decline sharply in the third quarter of 2024, by almost 19% to 43,267 units from an already weak 53,150 sales a year earlier.

The market for commercial vehicles over 2 tons gvw declined by over 17% to 16,517 units in the third quarter of 2024 from strong year-earlier sales of 19,966 units.

Chan Galbato will replace Wendy Kei as chairman of the board.

Källenius’s stated priorities are to lobby for less bureaucracy, to push for a more “market-driven” transition to electric vehicles, and to champion international trade that is “free, fair and rule based”.

Strycker replaces the incumbent CFO Do Young Kim, who will take up the equivalent role at sister company Scania.

Klingenberg will assume his new position on 1 January 2025 and will be tasked with executing the transition to a group R&D organisation at Traton.