The grant money depends on the powertrain or fuel type of the vehicle and the number of vehicles that the applicant wants to purchase, with the maximum amount on offer to any one company capped at EUR 500,000.

The funding package, dubbed ‘Hy2Move’, is the fourth “Important Project of Common European Interest” (IPCEI) related to hydrogen which the European Commission has approved over the past two years.

The JSW Group of Mumbai has signed a Memorandum of Understanding (MoU) with the government of Odisha, to building an integrated Electric Vehicle (EV) and EV battery manufacturing facility in Cuttack, Odisha State.

The ‘Paccar MX-13’ with additional low-NOx aftertreatment is now being offered with Peterbilt’s Model 579, 567, and 589 trucks and with Kenworth’s T680, T880, and W990 trucks.

The market for commercial vehicles over 2 tons gvw in the Philippines expanded by more than 5% to 27,959 units in the first quarter of 2024 after a slight decline to 26,597 units in the same period of last year.

The market for commercial vehicles over 2 tons gvw in Vietnam declined by almost 6% to 11,105 units in the first quarter of 2024

Trailer and Semi-trailer market up 6.3%, while Body on Chassis segment down 6.1%.

The Chilean market faced another month of declining sales in May compared with 2023, as reported by the National Automotive Association of Chile (ANAC).

As head of Commercial Operations, Kayser is tasked with leading the sales and marketing areas of the business.

Hornyak joins the company from Brightdrop, where he served as Chief Commercial Officer and acting CEO.

Bangston, who replaces Jeff Sather in the leadership role at FCCC, will lead the two DTNA subsidiaries under a new structure where he is responsible for key business areas in Specialty Vehicles.

Pack replaces Jim Johnson, who is retiring from the company.