The German Ministry of Transport confirmed to local media, that this is the last time the federal government funds or subsidises e-buses or e-trucks. Funds allocated for projects up until 2027 will remain. A combination of high inflation, energy instability (gas supply from Russia) and a downturn in productivity has resulted in the German government revising its 2024 economic forecast down from 1.3% to just 0.2%.

In an attempt to generate operational capital, the Board approved plans for an accelerated book-build offering of newly issued ordinary shares at an extraordinary general meeting on 29 January 2024.

Domestic sales of buses and coach of 7.5t gvw and above, finished the third quarter (October to December) of the fiscal year 2023-24 up by 28.8% with registrations of 10,799 units; this compares with 8,387 units in Q3 of FY 2022-23.

Sales of buses and coaches (7.5t & above) increased by 37.7% in first three quarters (April to December) of fiscal year (FY) 2023-24 to register 33,088 units compared with 24,025 units in same three quarter period of 2022-23.

ADL announced that is growing its presence in the North American market, with an order for 12 battery-electric Enviro500EV double-deck buses to the public transport agency, Foothill Transit, to operate in downtown Los Angeles in 2026.

The company announced increased sales in 2023, with 526,053 trucks and buses sold compared with 520,291 in 2022. Despite supply chain issues, it tripled its BEV sales in 2023 to 3,443, or 277% more than in 2022 (914 units).

The 149 e-buses, which had been removed pending investigation of a fire, are being after a detailed report was sent to RATP in Paris explaining the main cause of the fire and the actions being taken to rectify the problem. The Bollore Group attributed the fire to “the assembly of an electronic component which caused a short-circuit between the cells making up the battery packs.“

The purpose of the BharatBenz Regional Training Centres is to upskill and reskill the capability and competence of more than 3,500 drivers and, sales and service personnel across the BharatBenz network, annually.

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.

The first batch of e-Jest vehicles has now been delivered, serving as the first right-hand drive vehicles in the history of the brand.

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.