Chief Financial Officer Craig Webster cited unfavourable market conditions, “including interest rates doubling in the last year”, as the motivating factor behind the decision.

Testing has been on-going since the start of the year with plans for a commercial launch later this year - the brand already has a commercial electric truck, called the eDelivery.

The O 500 RSD 2448 478hp 6x2 and O 500 RS 1945 448hp 4x2 chassis conform to Euro V emissions standard, which is the prevailing standard or better in most Latin America countries outside of Brazil.

This is a result of Rotala winning contracts for franchised bus services under Transport for Greater Manchester’s new Bee Network, which is set to launch in September this year.

The bus fleet consists of 20 Wrightbus GB Kite Hydrolider hydrogen fuel cell electric buses which are to be operated in the Crawley, Horley and Gatwick Airport areas of Great Britain.

VWCO builds more than 50 Volksbus model types for a broad range of applications designed for bus, coach and school operations.

The 3.5-tonne Iveco eDaily has set an official Guinness World Record for the highest weight towed by an electric box van. The vehicle pulled three trucks with a total weight of 153.8 tonnes over the required distance of 30 metres.

The company has announced it is set to receive a USD 283 million cash injection after a merger with New York-based special-purpose acquisition company (SPAC), Kensington Capital Acquisition Corp.

The Randon Group has changed its name as it transitions to being a global company with increasing focus on digital technology and financial services.

The low cabin of the ‘Volta Zero’ will be supported by an independent front suspension from ZF which can support a vehicle width of up to 2,600mm and an axle load of 8,200 kg.

The S.KOe Cool is powered entirely by electricity; the energy recovered by the e-axle while braking provides auxiliary power for recharging the refrigerator battery.

The order is made up of 169 BYD–Alexander Dennis Enviro400EV double-deckers and 130 BYD–Alexander Dennis Enviro200EV single-deck buses.