ADL announces several internal promotions in marketing and sales team to boost responsiveness to customer’s needs.

Farizon Auto, the new energy commercial vehicle brand name of Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Zhejiang Geely Holding Group of Hangzhou), has raised USD300m in a pre-A round of fundraising, which it said will be used to strengthen its range of low- and zero-emission vehicles.

The contract is to equip more than 500 buses operated by Verkehrsbetriebe Hamburg-Holstein GmbH (VHH) with the retrofittable ProFleet Assist+ Gen 2 turning assistant, with an option to upgrade another 100 buses.

In October, Volkswagen published an updated ‘Green Finance Framework’, an outline for issuing green bonds which incorporates up-to-date EU taxonomy for sustainable activities.

The country’s commercial vehicle market has declined sharply over the last two years, as economic growth continues to weaken due mainly to the global Covid pandemic. Last month’s decline was at a much slower rate than in over the last year, due mainly to the low base effect.

Babu replaces Dr Andy Palmer, who is stepping down from his active roles at the company, stating his wish to dedicate his time to “a plurality of organisations and projects operating in the EV space.”

An investigation carried out by a committee of independent experts found the truck-maker, controlled by Toyota Motor Corporation, had falsified emissions and fuel-efficiency tests since the early 2000s in order to obtain engine certification.

Quantron has announced partnerships with two Indian companies and one British company, who have agreed to help Quantron develop its vehicle subscription service.

The proposed measures, applying to cars, vans, trucks and buses, are set to come into effect in 2025 and 2027, but they have been criticised by ACEA for being over-stringent, especially for heavier vehicles.

Imanol Rego becomes Irizar Group’s new CEO. With more than 20 years of extensive international experience in different positions of responsibility he returns to Irizar Group to assume the position of CEO.

Around 120 battery packs with capacities of 18.6 kWh will be handed over to an unnamed energy storage firm, to evaluate whether used truck batteries are suitable for stationary energy storage applications.

Covering an area of over 400,000 square metres, the depot – which will be managed by Yutong – is composed of 24 structures with parking bays for 478 buses to dock and recharge simultaneously.