According to IHS Markit, Volvo Trucks achieved a 42% share of the electric truck market in Europe, with 145 vehicles under the Volvo brand having been registered in 2021.

Lohscheller joins the American firm from Vietnamese automotive manufacturer VinFast.

Nikola reported net losses of USD159m in Q4 2021 and USD690m for FY 2021.

The order for 100 units of the VMC 1200 range is worth CAD12m and is set to be fulfilled beginning in Q2 2022.

Viritech is designing a heavy goods vehicle concept nicknamed 'the Jovian' at the MIRA Technology Park in the UK which will use a composite construction and patented hydrogen tanks.

The Turkish commercial vehicle manufacturer achieved revenues of TRY4.5bn and net operating profits of TRY1.76bn.

Traxen claims that its smart-adaptive cruise control for Class 8 trucks can reduce annual fuel consumption by 10%.

Hyliion Holdings Corp, an e-powertrain provider for Class 8 trucks based in Austin, Texas, has announced that Jeffrey “Jay” Craig will join its board of directors.

Daimler Truck North America LLC of Portland, Oregon, NextEra Energy Resources LLC of Juno Beach, Florida, and BlackRock Real Assets of New York, have signed a memorandum of understanding to initiate a joint venture for the design, development, installation, and operation of a nationwide charging network for medium and heavy-duty electric vehicles in the US.

The order for 11 units of the FM Electric, which are to be employed as concrete mixing transport trucks, is the largest the company has received so far for electric trucks in Denmark.

Cummins' acquisition of the drivetrain and brakes manufacturer will entrench its position as one of the major suppliers of components to the commercial vehicle industry.

Automated technology specialist ABB Ltd of Zürich, Switzerland, has announced the acquisition of a 60% stake in commercial EV charging firm InCharge Energy, based in Santa Monica, California, USA. The transaction builds on ABB’s initial investment as part of Series A venture capital funding in InCharge.