Ebusco has convened an Extraordinary General Meeting (EGM) on 26 March 2025 to seek shareholder approval for further share issuance to Gotion, allowing Gotion to convert an additional EUR 4.01 million of its remaining accounts payable into equity. If approved, this would increase Gotion's stake in Ebusco to just over 10%.

The truck market registered 2847 vehicles, an increase of 3.7% on 2746 units in 2023.

According to data from SIOMMA, there were 14,732 CV units sold compared with 14,165 the previous year.

To date, Warrington has put 56 of the Volvo ‘BZL Electric’ buses on the road, and it aims to deploy the remainder by the end of March.

AXN Heavy Duty, which was established 16 years ago in 2008, sells axles and suspension systems for the truck, trailer and bus segment in North America.

These buses, equipped with the 17-210 chassis and FPT N60 CNG engines, were produced at Iveco's plant in Córdoba, with bodies supplied by Italbus.

The vehicle in question – a battery electric ‘Enviro100’ which has been retrofitted with Fusion’s ‘CAVstar’ automated driving system – is now being tested in order to calibrate and fine tune the self-driving system before it is put into service.

ACEA has published its 2024 EU commercial vehicle sales statistics, with new truck registrations declining by 6.3% (2024: 327,896 units) compared to 2023.

The transaction, which is mainly components for car and light commercial vehicles, includes the manufacturing operations of two prominent engine parts brands of Moresa and TF Victor, which specialize in pistons and engine gaskets.

Eduardo Freitas, vice president of Anfavea, said: “We had a special year in 2024 for bus and coach chassis production, with the 34.7% increase was driven by the urban segment, which grew 41.3%, and the intercity segment, which grew by 5.4%.”

The data by ANFAVEA shows truck production up by 40.5% in 2024, and that bus and coach chassis output rose by 34.7% when compared with 20,598 units in 2023.

This increases Daimler’s European aftermarket network leading to greater vehicle uptime and therefore profitability for operators.