The parent of ADL, New Flyer, and MCI announced sales revenues of just under USD2.7bn in 2023, a year-on-year increase 30% compared to revenues of just under USD2.1bn.

With Google Cloud generative AI, Valeo will overhaul its processes for vehicle component design, production, and integration, as well as its quality assurance and customer services.

The company has several patented features making up its bellows and towards the end of this year it will bring to market its new articuated chassis system for buses.

It is designed for commercial vehicle fuel cell engines (150-200 kW) but can also be applied to larger engines (240-260 kW) under turbine energy recovery.

Daimler Buses has set itself a range of ambitious targets for 2030, including achieving an adjusted return on sales of nine percent by the end of the decade and eight percent by as early as 2025 (2023: adjusted return on sales of 4.7%). Overall, the business segment is set to become more lean and therefore profitable in order to shoulder the investment into electrification.

Volvo NA has not divulged the location of the newly announced plant in Mexico, but it will reportedly cover 1.7m square feet when it is opened for production in two years’ time.

The funding is being allocated to the government’s Zero Emission Buses Regional Area (ZEBRA, now ZEBRA 2) Scheme, initially launched in 2021 to allow local transport authorities to bid for funding for zero-emission buses and supporting infrastructure.

Due to the next-generation battery technology supplied by Polish battery company Impact Clean Power Technology, ADL has increased its “warrantable energy throughput” of its next-gen electric buses (Enviro400EV and Enviro100EV).

The Department of Energy claims that, by funding these projects, it will facilitate the production of up to 50,000 new medium- and heavy-duty trucks and the supply of enough hydrogen to fuel nearly 170,000 long haul trucks in a single year.

He takes over from Chief Operating Officer Thomas Biringer, who led Schwarzmüller on an interim basis after the resignation of former CEO Roland Hartwig in 2023.

The first vehicle is being tested over 2,500 kilometres on the streets of Plzeň, after which it will be delivered to the customer later this year.

The truck is travelling over 10,000 kilometres between April and July, making 60 stops in 7 European countries.