Škoda says the value of the contract, including comprehensive service and maintenance up to 400,000 kilometres, exceeds EUR50m.

Subsidies are now based on performance and range.

Plug Power says the loan will help to finance the construction of up to six projects to produce and liquefy hydrogen across America.

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.

Truck market down by 2.5%, while van, bus and coach sales slip 9.3%.

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.

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

He succeeds the former mayor, Andreas Brand, who has handed over his seat on the supervisory board of ZF.

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.