The Board of Directors has approved the decision to repurchase USD 20 million of its common stock through a “stock repurchase program”.

Isuzu to source batteries for its electric trucks from LGES.

Tully is Co-Founder and Vice Chair of Earthrise Energy, an energy company based in the USA.

MFTBC said the partnership is part of its “Fuso eMobility Solutions” programme which supports customers’ shift to battery-powered trucks such as the eCanter light-duty truck.

The new Xcient has top of the range Isringhausen seats and front-axle air suspension.

Hino's shareholding is to be cut from 50% to 4.83% in GAC Hino Motors Company Ltd, with a 39.72% stake being transferred to Guangzhou Automobile Group.

LaFontaine Automotive Group will set up and manage two dealerships for Bollinger Motors in the state of Michigan: one in Lansing and the other in Farmington Hills.

With almost CNY1bn (USD138m) invested in the new “Super Plant”, which occupies an area of 72,000 sq m, it can assemble and paint up to 320,000 sets of drive axles per year.

Isuzu together with partner, Honda, last month began testing a prototype of the Giga Fuel Cell heavy-duty truck on roads in Japan.

Einride has partnered with American food producer Mars Inc, to provide a fleet of digitally optimised electric heavy-duty trucks across Mars’ European network by 2030.

Allison is set to supply Oshkosh Corporation with electric axles for North America’s first fully integrated electric refuse vehicle, the McNeilus Volterra ZSL.

Nikola claims that, by navigating to “what3words addresses”, drivers will find their destinations more easily – particularly in cases where a single conventional address has multiple entrances and drop-off points.