The EV platform manufacturer announced two major appointments: Rajesh Goel as member of the Board of Directors; and Hai Aviv as Chief Financial Officer.

The Hilux Rangga, first unveiled at last year’s Gaikindo Indonesia International Auto Show, is based on the same IMV* platform as exiting Hilux pickup trucks but has a radical new body design.

Medium and heavy rigid truck (7.5t GVW and above) sales slipped by 8% to 108,018 units from 117,351 units in the same period of FY2023.

The group has signed distribution agreements with two truck-trailer dealers, Ascendance Trucks LLC of Boca Raton, Florida and Allegiance Trucks LLC of Stamford, Connecticut.

Market introduction of electric trucks by Volvo started in 2019; since then there are currently 4,200 Volvo electric trucks in operation in 48 countries.

Established last year, ‘Our Next Energy Korea Ltd’ was based out of an office in Hwaseong and employed less than ten people.

The company willl use the newly-raised capital to commercialise its technology, starting next year in distribution centres.

Customers of MAN and Scania who make use of MAN ‘Charge&Go’ or Scania ‘Charging Access’ will now be able to use Hubject’s ‘Intercharge’ network of charging points.

MFTBC vehicles are imported into Singapore by Goldbell Engineering Pte Ltd, its local distributor for the last 40 years.

Silvero will oversee expansion of the Latin Parts Centers (LPC), the manufacturer's logistics center located in Vinhedo (SP).

By restructuring the business, Northvolt hopes to raise a total of USD245m in new financing, including USD145m in cash collateral and USD100m of debtor-in-possession finance from an existing customer.

Westport said that it and its ‘Cespira’ joint venture with Volvo would “continue to collaborate” with Weichai.