Truck sales at 15,308 units in 2024 was the second highest in the ten last years.

The French manufacturer says it will reorganise itself into four business groups: Exterior & Lighting; Modules; C-Power; and H2-Power.

The brand, called ‘Rightech’, has a strategic framework agreement with two Chinese manufacturers to distribute and service four vehicle models, two of which are trucks.

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

The contract stipulates a firm order for eighty 45-foot ‘D45 CRT’ commuter coaches, with additional unspecified options.

The bus in question is a battery-electric Volvo, which was handed over to the public transport authority of Perth in Western Australia as part of an order for 18 buses announced last year.

New facility to supply battery packs for Tata Daewoo Mobility.

Stohner, who is managing director of Alvarez and Marsal, known for its turnaround and performance improvement work, took up the role of Chief Restructuring Officer on 15 January following “weeks” of discussions with Webasto.

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.

A companion piece to last week's feature on Fusion Processing, this summarises the key points of the act, explaining what they mean for the future deployment of self-driving vehicles on British roads.

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