The budget is aimed at incentivizing around 28.81 lakh electric vehicles over the next two years!

The investment is to be used to support RSB’s plans for growth, focusing on mergers and acquisitions (M&A) and expanding its global operations.

He replaces Jonas Rickberg who is leaving the company.

The truck manufacturer is allowing customers to schedule a thirty-minute one-to-one consultation with a salesman through video conferencing software.

This multi-year investment, said to exceed USD100m, aims to double the current manufacturing footprint.

Dongfeng CV Xinjiang Company is a unit of state-owned Dongfeng Motor Company based in the Urumqi City of China’s Xinjiang Uygur autonomous region.

These funding packages are aimed at creating an e-charging infrastructure to encourage the uptake of electric trucks in the Netherlands.

WNECV is the light and medium duty commercial vehicle unit of Weichai Holding Group Company Ltd.

Mahle is contracted to supply a “hydrogen power cell unit” and other components to MAN for its ‘hTGX’ truck, which was announced earlier this year.

Production decreased by 8.7%, while exports saw sales improve by 8.6%.

The fifth-generation Freightliner Cascadia will go into series production in mid-2025 in its U.S. (Cleveland, North Carolina) and Mexican (Santiago Tianguistenco) plants.

Tractor production decreased by a greater percentage of 9.9%, falling from 33,269 units to 29,985 units.