The Swedish subsidiary of the Traton Group announced sales of SEK146m in 2021 and a 26% increase in order intake over the year before.

The two companies plan to sell around 5,000 retrofitted trucks and buses in France by 2030, supported by over EUR1.5m raised earlier in the year by REV Mobilities.

Group spending in research and development into electric vehicles will increase to EUR2.6bn between now and 2026, adjusting its original budget of EUR1.6bn to 2025.

Sales revenues grew to EUR30.6bn, while the group's adjusted operating income was EUR1.6bn, a 5.2% return on sales.

Shyft Group launched a new brand with a range of electric vehicle products, while subsidiaries DuraMag and Utilimaster showcased a range of light truck products.

For the 'Powertrain in a Crate' electrification kit, Wrightspeed will develop the powertrain components while Romeo Power will supply the batteries.

Quantron's revenues increased by 500% over the year before to EUR10m.

The ITxPT aims to widen the interoperability between IT systems in the public transportation sector in the European and North American markets by creating an "open architecture".

The bus and coach group reported revenues of USD2.3bn for the entire year, a 3% decrease on the year before.

Daimler Truck AG, based in Stuttgart, Germany, has announced the launch of its new product engineering and IT centre in Bangalore, India, named Daimler Truck Innovation Centre India (DTICI).

Daimler Truck AG, based in Stuttgart, Germany, has announced the delivery of its very first series production eActros to operator DB Schenker. The eActros 300, produced at the Daimler plant in Wörth am Rhein, will be used for heavy-duty distribution.

Van Hool, Kiepe Electric, and Alstom will be collaborating on a vehicle based on the Exqui.City line of buses for BRT lines.