This moves comes on the back of a major repower bus order in the Capital and to combat competition primarily coming from Chinese OEMs.

June saw Hyundai sign a memorandum of understanding with the South Korean Ministry of Environment, the Seoul Metropolitan Government and others to convert more than 1,300 public transportation vehicles to hydrogen fuel cell power by 2026.

From the Dallas-Fort Worth metroplex, Volvo will test autonomous trucks on freight corridors to El Paso and to Houston.

Tevva says it worked extensively with the ‘Commercial Vehicle Solutions’ (CVS) division of German components group ZF to integrate its electronic braking system (EBS) with the truck.

Economic growth in the country accelerated to 4.5% year-on-year in the first quarter of 2023, up from a multi-decade low of 3.0% in the whole of last year, as the country began a gradual recovery from the Covid pandemic.

The manufacturer announced it is taking cost-cutting measures to reduce its outgoings to under USD400m by 2024, including layoffs of approximately 270 workers at multiple sites.

Starting next year, Sunsundegui will be licensed to produce the Volvo ‘9700’ and ‘9900’ coach models, based on a new chassis which Volvo Buses introduced last year.

The American manufacturer claims the new alloy will make its engines more durable and efficient than was previously possible. 

The new distribution centre replaces the existing facility in Atsugi City, Kanagawa Prefecture, which had been the company’s main parts distribution hub since it was first opened in 1978.

This fall was sharper than the overall economy. Economic growth slowed to 3.3% year-on-year in the first quarter of 2023 from 5.9% in the previous quarter and 8% in the whole of 2022.

Volvo will supply 150 double deck and 20 single deck buses based on its ‘BZL Electric’ chassis to Stagecoach, who will put them on the roads of Manchester from Summer 2024.

The strong sales growth came about despite economic growth continuing to slow sharply in the first quarter to 0.8% year-on-year from 1.4% in the fourth quarter and 2.6% in the whole of last year.