The basic idea is to turn large-sized cargo vans into “mobile micro-depots” from which cargo bikes can collect and deliver goods during the last mile.

At this past Commercial Vehicle Show, which took place in Birmingham from 23 – 25 April, Electra Commercial Vehicles announced plans to enter the upcycling (repowering) business with the launch of Electra Exchange.

Andersson as its new president (managing director), replacing Thomas Hemmerich, who had been in the job since 2021.

Fuso, Mitsubishi Motors and Mitsubishi Corporation to operate an online platform JV providing information and one-stop services relating to electric vehicles (EV). 

The company announced its full-year financial results for 2023, which included a net loss of USD 54.2m (2022: USD110.1m) and a net revenue of USD 22.1m in 2023, an increase of 147% from USD 8.9m in 2022. The increase was primarily due to an increase in vehicle sales and spare parts sales, including the delivery of 250 autonomous delivery vans in China.

CV sales grew almost twice as fast as the economy (5.1%) in the first quarter this year.

Contrary to the performance recorded by most Latin American countries, Peru experienced a positive performance in commercial vehicles sales in the first quarter of 2024.

Rêver Automotive Thailand Company Ltd is the name of the Thai importer and distributor BYD vehicles, which will now be responsible for assembling the vehicles through a subsidiary at a facitlity near Bangkok.

The “Isuzu Transformation IX – Growth to 2030” mid-term business plan released in April is designed to transform the truck-maker into a commercial mobility solutions company by 2030 “to address challenges faced by customers and society through transport”.

MAN’s update to the ‘TGE’ range features a revamped interior and eleven new advanced driver assistance systems.

The Chilean commercial vehicle (truck and bus registrations combined) market continued to fall in the first quarter of this year, with 3,306 units sold, down 20.4% on the 4,156 units sold in the same period of 2023.

In the period January to March 2024, truck production reached 29,327 units, an increase of 19.7% over the 24,497 vehicles manufactured in the same period in 2023 according to the National Association of Motor Vehicle Manufacturers (ANFAVEA).