Sunswap will use the money to support the further development, production, and commercialisation of its technology: solar panels mounted on the roof of a reefer trailer to supply energy to the refrigeration unit, thus reducing the fuel consumption of the whole truck-trailer combination.

Representing a planned total investment of USD700m, the Monterrey plant is intended to supplement existing Volvo Group North America and Mack Trucks manufacturing activities across the border in the United States.

Grants totalling USD1.7bn will be made available to support as many as eleven closed or at-risk automotive manufacturing and assembly facilities in switching to the production of electric vehicles and components.

In our last feature on Maxion Wheels in Turkey, I made only brief mention of a very recent and significant development at the Manisa site: the construction of a new plant for forged aluminium wheels, designed not for light vehicles but for heavy trucks and other commercial vehicles. The decision to enter the CV aluminium wheel market was announced by Maxion Wheels at the last IAA Transportation in 2022; the news is important enough that it deserves an article to itself, and so I interviewed Matt Brest ahead of IAA Transportation 2024, where Maxion Wheels will show its forged aluminium wheels to the public for the first time.

The acquisition is expected to leverage the expertise of the Roberto Nuti Group to enhance SI Airsprings product offerings as well as strengthen its global market position.

The formal split and formal establishment of the two entities will take place at the start of the next fiscal year, i.e. April 1, 2025.

11,469 new HGVs were registered in Q2 2024, only slightly more than the number recorded in the same period of 2023, according to statistics published by the Society of Motor Manufacturers and Traders.

The two companies began their engine collaboration in 2019 when they signed the 'Isuzu Cummins Powertrain Partnership'.

The Xinghan G hydrogen fuel cell truck is Farizon’s latest addition to its growing range of new energy commercial vehicles, which also includes battery, methanol and hydrogen powered trucks.

The new Xuanwu battery features in the Farizon Xingxiang V7E light van, which has a driving range of 305 km on a single charge and is aimed at the local delivery sector offering seven cubic metres of cargo capacity and a payload of 1.3 tons.

The milestone (an Iveco eDaily) vehicle is headed to British retailer Tesco, which ordered 571 of these e-Daily vans as the company aims to transition its home delivery operations to using fully electric vehicles in the UK by 2030.

According to GM, this transition is part of its broader strategy to streamline operations and reduce costs by consolidating its electric vehicle offerings under established brands.