Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, grew by just under 2% to 273,126 units in the first quarter of 2025 after plunging by 28% to 268,016 units in the same period last year;

The project will focus on the development and manufacturing of high-voltage EV components, including combined charging units, e-axles, inverters, and electric motors.

A total of 37 vehicles, including H2 fuel cell and combustion engine-powered coaches and trucks, will be deployed on 10 different routes across the country.

The revamp of its side loader production line was made in response to “tremendous [market] demand”, according to McNeilus.

“Sany Hydrogen”, a hydrogen energy equipment manufacturer based in China, will partner with Putzmeister to construct “green” production plants for European and African customers.

Series production of the fifth-generation OptiRide began last year for an unnamed European commercial vehicle manufacturer; now, ZF is also supplying the system to Hyundai.

New EUR 2 billion facility to drive Asia growth, improve tech access

The new owner of Magirus, Mutares SE & Co KGaA, has ambitious plans for the company: by 2030, it aims to double Magirus revenues to over EUR750m per year while also reducing emissions from production to net zero.

This initiative aims to promote energy-efficient tyre manufacturing, strengthen domestic supply chains, and create employment opportunities, says JK Tyres.

The company says this move to unlock value from non-core assets is consistent with Rane Holding Ltd’s strategic objective of streamlining operations and strengthening financial performance.

On a mixed production line, MAN can produce approximately one hundred trucks per day with diesel and battery electric drivelines, taking around eight hours to build a truck from start to finish.

The joint venture’s primary objective will be to build the “non-differentiating core” of the software-defined truck: a standardised digital platform and dedicated commercial vehicle operating system which will be open to Daimler and Volvo’s competitors.