Sales of light-duty vehicles (7.5t & below) grew by 9.5% to register 15,370 units in Q4 of FY 2023 (ending March 31, 2024).

The prototype step van is the first vehicle of its kind to be built by the school bus manufacturer, with powertrain components supplied by Xos.

The market demand fell by 2.8% in the fourth fiscal year quarter of 2023/24

The company’s four other Re.Wi.Re registered vehicle scrapping facilities are in Jaipur, Bhubaneshwar, Surat and Chandigarh.

The ST1 (Service Type 1) battery-powered LCV platform is the name of a new, purpose-designed platform of battery-powered light commercial vehicles from Hyundai for the local delivery market segment.

At the CV Show 2024, held between 23-25 April at the NEC in Birmingham, UK, EV manufacturer B-ON GmbH of Luxembourg announced a joint venture with Chinese car manufacturer Chery Automobile Co. Ltd, based in Wuhu, China.

According to Shyft, the vehicle was able to operate on extended 8-10 hour routes under “challenging conditions” during pilot testing, including high temperatures up to 105 degrees Fahrenheit.

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.