Mercedes-Benz Trucks y Buses Ltda is investing in warehousing and manufacturing in Argentina.

Together with its financial and legal advisors, Nikola assessed “available and credible alternatives” that would allow it to keep the business going, but it has now concluded that a “structured sale process” of its assets would be the best way to return money to its stakeholders.

Waabi’s self-driving system, ‘Waabi Driver’, will be vertically integrated with Volvo Group NA’s autonomous-ready trucks on the production line at New River Valley in Dublin, Virginia, USA.

The money will help to fund 4,900 electric charging points and alternative fuel stations across the trans-European road network.

Following the acquisition, Oxa stated that Street Drone’s expertise in “industrial logistics” and “proven drive-by-wire, vehicle integration and teleoperation” would complement its own software development.

On 30 September 2024, Britain’s last remaining coal-fired power station at Ratcliffe-on-Soar was closed down. Opened in 1968, the power station had a capacity of 2,000 MW and annual carbon emissions in the millions of tonnes when it was decommissioned. Today, local authorities and consortia have new ambitions for the old plants: to repurpose the existing infrastructure for the production of green hydrogen. That was the message carried away by news reporters who attended an open day at the Loughborough University campus on 8 November. Visitors got to see some mature products of the transition taking place in the east midlands. These were the fuel-cell-powered vehicles displayed by Intelligent Energy Ltd in front of its headquarters on the edge of the campus.

Tickets are now available for the 2025 RTX Expo (June 24 – 26), which will be held at the NAEC Stoneleigh in Warwickshire.

The truck market registered 2847 vehicles, an increase of 3.7% on 2746 units in 2023.

On 17 February, the German group stated that, due to the “high level of investment required” to expand its EV portfolio, it is considering whether the commercial vehicle business would perform better in “a different environment”.

“Despite substantial investments, including GBP 25 million in UK government grants, the vision of vehicle manufacturing has failed,” the British startup said in a press release announcing its change of strategy.

Hino pays a reported US1.6bn to settle the case.

According to data from SIOMMA, there were 14,732 CV units sold compared with 14,165 the previous year.