The Canadian CV manufacturer saw its revenues grow from USD19.6m to USD41.7m in 2021, but its adjusted losses amounted to USD2.7m.

In a review of its home market, Ravia Automotive Co. (Ravia)1 of Tehran provides an insight into the CV markets in Iran and highlights the potential scale of the opportunity for foreign OEMs on resumption of commercial vehicles sales in Iran in the coming years.

Air Liquide SAS, based in Paris, has received support from the French State, subject to a final validation by the European Commission, to launch its Normand’Hy large scale renewable hydrogen project. The electrolyser will have an initial 200MW capacity and will provide renewable hydrogen to the TotalEnergies Normandy refinery.

The plant, producing Class 6-8 vehicles and their powertrains, is the company's new benchmark facility for its manufacturing network, with innovations in digital work processing and in sustainability.

Speaking to Truck and Bus Builder, Stephen (Paddy) Dyson, Marketing Manager at HMG Paints Ltd, based in Manchester, UK, discussed the benefits of operating a family-run coatings business that manufactures locally in the UK.

Sales increased by 10.4% in 2021, from 3,145 units to 3,471, but they remain well short of 2019 sales of 4,211 units (a 17.6% decrease from 2019 to 2021), according to ANFIA.

Orlando, Florida-based Luminar Technologies Inc has announced it is to acquire a high-performance laser chip manufacturer, Freedom Photonics LLC, based in Santa Barbara, California.

Wave has announced the acquisition of a new 12,000 square-foot facility next to its headquarters which will enable the company to expand manufacturing capacity of its induction charging products.

Knorr-Bremse AG, based in Munich, Germany, has announced it is to acquire the stake of Robert Bosch GmbH of Stuttgart in its European and Japanese commercial vehicle business.

The Ecuadorian commercial vehicle market showed its  best performance in the last seven years in the first quarter of 2022 with sales of 2,853 units.

The Argentine commercial vehicle market closed the first quarter of 2022 stable or flat compared with the same period in 2021, with 3,673 units sold.

Commercial vehicle sales in Peru registered positive results between January and March this year, surpassing volumes achieved in the same period of the two previous year, with 3,988 truck sales.