The market for commercial vehicles over 2 tons gvw continued to grow strongly in the third quarter of 2023, by 18% year-on-year to 32,128.

Isuzu has announced plans to build an electric vehicle development and testing facility within its Fujisawa plant, to help it achieve its target of having a full range of carbon-neutral vehicles by 2030.

The Malaysian commercial vehicle market over 2 tons gvw continued to grow in the third quarter of 2023, albeit just slightly to 19,900 units after an 85% rebound to 19,329 units in the same period of last year.

For the very first time, Iveco is renewing its entire truck product line next year. Capital spending on R&D will be ploughed into reducing CO2 emissions, developing fuel efficiency (for ICE vehicles) technology and a new zero-emissions product range.

The Indonesian market for commercial vehicles over 2 tons gvw reversed sharply in the third quarter of 2023 after two years of strong growth.

Solutrans 2023 was held between 21-25 November at Eurexpo in Lyon, France. Over 1,000 exhibitors and 50,000 guests gathered for the 17th edition of this historic show, centred around the European heavy and light commercial vehicle industry.

Japan’s market for commercial vehicles over 2 tons gvw continued to recover in the third quarter of 2023, by 15% to 95,079 units.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by over 8% to 326,720 units in the third quarter of 2023.

The battery cells are to be sourced from LG Energy Solution to make battery modules and packs for TDCV starting in the first half of 2025.

The new facility is scheduled to be completed in 2028 within the company’s Hwaseong manufacturing complex.

The ‘EDV’, short for ‘Electric Delivery Van’, was produced for Amazon package deliveries; since production began in 2021, around 10,000 vehicles have been produced for Amazon in the U.S. and Europe.

The CJPT consortium was established initially in early 2021 through the collaborative efforts of Hino, Isuzu, and Toyota to expedite the adoption of zero-emission and connected technologies within the commercial vehicle sector.