This move is aimed at maintaining SMRP B.V.’s existing ownership stake in the company as REE raises fresh capital to support the commercialization of its order book.

Production of LCV trucks fell by 0.8%, while exports grew strongly by 60.2% to more than 14,000 vehicles.

On Samsara’s ‘Connected Operations Platform’, customers can now view information on Rivian vehicles in their fleet alongside other vehicle data, providing a “unified” platform for monitoring fleet assets.

Based in Sfax, Tunisia, KPIT engineering SUARL currently employs 574 people and functions as a dedicated nearshore development centre

Rivian is investing nearly USD120m in the 1.2m square-foot “supplier park”, next to the site where it builds all its electric vehicles (including its ‘Electric Delivery Van’).

The milestone vehicle was a battery electric ‘eSprinter’, assembled at the ‘Mercedes-Benz Vans LLC’ plant in Charleston, South Carolina, where production of the new eSprinter range was initially launched in 2023.

The announcement was made following a launch event held in the city of Dubai in the middle of April together with MAN’s local importer, Darwish bin Ahmed & Sons, which has sold MAN trucks in the emirates for thirty years.

The van is built on a “native electric skateboard platform” manufactured at Renault’s factory in Sandouville, France. Series production is planned to start in 2026, with the order book set to open by the end of this year.

The Farizon SV is priced from GBP 45,000 plus VAT, with order books now open and first deliveries expected later this year.

The PV5 will be manufactured at Kia's newly constructed Hwaseong EVO plant in South Korea. We spoke to representatives of Kia at the show who told us that the order book will be open next month and that the first vehicles are expected to arrive on UK shores by the end of the year.

The move gives M&M a larger share of the CV market above 3.5 tons with multiple synergies for growth.

Seventy units from Rivian’s ‘Electric Delivery Van’ range have been incorporated into the German company’s American fleet, making up nearly a quarter of its total fleet.