The two companies have signed a memorandum of understanding (MoU) to make available locally-produced electric trucks in the Indonesian market under the NTBK brand.

The work was carried out on a used 12-tonne 'Renault Trucks D' in partnership with a firm enrolled in Volvo’s ‘CampX’ startup incubator in Lyon, called ‘Novumtech’.

50 units of the ‘Qargo 4 EV’ 4.5-tonne range, fitted with 81-kWh CATL batteries, have been delivered to the subsidiary of Saudi-based lubricants multinational Petromin Corporation.

Subject to regulatory approval, the joint venture will be launched in 2024, with both partners pledging to invest EUR300m each over the next three years.

The new vans, dubbed ‘TGE Next Level’, will enter production in May 2024.

The company says it has begun a “critical development stage” with the testing of its X1.5 prototype hydrogen truck, which follows the launch of its HGV technology demonstrator in April earlier this year.

Volvo NA exceeded its original freight efficiency improvement target (measured in ton miles per gallon) of 120% with a 4x2 Class 8 tractor-trailer featuring reductions in drag and weight.

Production of the XB will replace the LF at Leyland Trucks in Leyland, UK.

On 8 October, the United Auto Workers announced that its members voted to reject an agreement between the union and Mack Trucks.

The CV market’s recovery picked up momentum in August, as the economy continued its recovery following last year’s Covid lockdowns.

'Mercedes-Benz Argentina' started operations in Argentina in 1951.

As head of Nikola’s energy division, Cappello will direct the company’s ‘Hyla’ brand, which is involved in the production and distribution of hydrogen for fuelling purposes.