Traton has signed a framework agreement with its parent company, Volkswagen, which outlines the terms for selling and transferring the rights to provide financial services for MAN and Volkswagen Truck & Bus to Traton Financial Services.

Scania is active in Brazil with multiple partners in both bus and truck to encourage development of gas and biogas-powered vehicles.

The logistics firm’s new leasing service is called ‘RyderElectric+’: through it, customers will have access to consultation, vehicles, chargers, telematics, and maintenance for a single subscription fee.

Banco Mercedes-Benz do Brasil (BMB) of São Paulo, has reported record revenues in the history of the division of BRA 19.454 billion (USD 3.67 bn) compared with BRA 14.415 bn (USD 2.72 bn) in 2021, growth of 35%.

Volvo hopes that advances in this new area of digital innovation will make financial and insurance products “more dynamic and easier to access”.

REE has also entered into an agreement with Mitsubishi HC Capital America, which has committed to provide financing to its North American dealers and to help REE expand its distribution network further.

The Volta Truck-as-a-Service Hubs in Duisburg, Germany and Madrid, Spain join two other hubs already opened in France and the UK.

For a fixed fee, which can be spread over 60 months and bundled with a vehicle lease, customers are given access to remote diagnostics and programming services which update vehicle software over-the-air and identify potential faults with truck components.

GreenCell contracts the manufacture of the e-buses to PMI Electro Mobility in Haryana.

São Paulo plans to acquire 2,600 new electric buses by the end of 2024.

Quantron has announced partnerships with two Indian companies and one British company, who have agreed to help Quantron develop its vehicle subscription service.

The 30,000-square-foot Tottenham site will serve as the base for the company’s ‘Truck-as-a-Service’ operations in the London metropolitan area.