Steven Miller replaces Brett Icahn as Icahn Capital Board Designee. Miller is a portfolio manager at Icahn Capital L.P. a subsidiary of Icahn Enterprises L.P. The board will continue to be composed of 10 directors, nine of whom are independent.

Okray joins the company from Eaton, where he served as Executive Vice President and CFO.

Indomobil is the Indonesian assembly and distribution partner for several overseas vehicle brands, as well as commercial vehicle companies such as Hino, Renault Trucks and Volvo Trucks.

2,300,000 Class A ordinary shares were sold during the underwritten public offering, which closed on 6 March, at a price of USD6.50 per share.

Record sales (526,053 trucks and buses sold) led to record revenue in 2023 (EUR 55.9 billion) and an increase of EUR5bn compared with EUR 50.9 billion in 2022). Adjusted EBIT in 2023 grew by 39% to a record EUR 5,489 million compared with EUR 3.959 million in the previous year.

The aim of the research, which began in 2021, was to overcome “vapour lock”, or the tendency of LPG to change state from liquid to gas while it is still in the fuel delivery system.

Plus says that on-road testing of Traton trucks installed with its ‘SuperDrive’ Level 4 autonomous driving technology has already begun in the USA and Sweden.

Eatron says that its battery management software is “AI-powered”; in other words, it employs algorithms based on physical models to assess the battery’s health and performance.

New energy commercial vehicles (NECVs), comprising mainly hydrogen, electric and plug-in hybrid vehicles, increased by 32% to 447,000 units.

‘T/T Pair’ is a 7-way socket which is designed to replace Phillips’ ‘QCS2’ socket for hooking up a semi-trailer to a tractor unit.

Delegates of Hydrogen UK’s annual conference, held at the National Conference Centre in Birmingham on 12 March, left the event with no doubts about the future of the burgeoning hydrogen economy. Opening the conference, Clare Jackson, CEO of Hydrogen UK, declared that “net zero is not possible without hydrogen”. The burning question is, will the UK have any significant part in its development?

The UK market for heavy goods vehicles (HGVs, i.e., trucks >6t) grew by 13.5% to 46,227 registrations in 2023, making it the best year for the UK truck market since the COVID-19 pandemic, according to statistics published by the SMMT.