The investment will fund the further development of Range Energy’s electric axle technology for semi-trailers, which can reduce fuel consumption in a diesel tractor-trailer combo or energy consumption in a fully-electric one.

Farizon plans to use the funds to strengthen its R&D and new product development operations, as it looks to consolidate its position as China’s leading manufacturer of new energy commercial vehicles.

VKTR raises IDR 875bn (USD59m) through the floatation of 20% of its equity on the country’s main IDX exchange.

Renault Trucks has stated that CampX Lyon will cater exclusively to start-ups with new ideas for decarbonisation, urban logistics, and vehicle uptime.

The Commonwealth Development Bank (CBA) of Australia has agreed to an USD 80 million electric school bus finance package with Australian distributor GoZero, to fund the replacement of diesel school buses starting in Sydney.

AAG is heading into the bus and coach rental market, so T&BB set up an interview with Martyn Bellis, Commercial Director of Bus & Coach at AAG, to get a better understanding of the company’s strategy to double its turnover in bus and coach from GBP500m currently to GBP1bn in the next three years!

These 'S.KO COOL' reefers are installed with Schmitz’s ‘S.CU d80’ transport refrigeration units as well as its ‘TrailerConnect’ telematics hardware.

An experienced transport policy and public affairs specialist, Robert Gwynn joins the company with the role of getting more alternatively fuelled vehicles across its fleet.