Kia unveiled a range of highly customizable PBV models and related eco-system during 2024 at various key shows; CES in Las Vegas, Busan Mobility Show in South Korea and at IAA in Hannover, Germany.

At its stand, Stellantis presented a Fiat ‘E-Ducato’ with a box body and a fuel cell electric version of Opel's ‘Movano’ large van range.

Dongfeng said “the move to assemble the ‘Captain’ range locally positions Dongfeng as a strong player in Malaysia’s light-duty truck market."

Chinese battery vehicle manufacturer, BYD unveiled the new ‘E-Vali’ battery-powered delivery van at the IAA Transportation 2024 in Hanover, Germany as the company stepped up its expansion into the European commercial vehicle market.

From a factory in Metro Detroit, Roush will set up production of the by-wire vehicles for the American market, aiming for annual capacity of 5,000 units.

Founded in 2020, Volt Mobility provides long-term secured leases for commercial electric vehicles, from last-mile delivery vans to long haulage trucks, to clients in the Persian Gulf region.

Speaking with T&BB at the Advanced Clean Transportation (ACT) Expo, Eric Fisher, Senior Vice President & General Manager of Blue Arc, said that the group tried first of all to partner with various body builder partners and promising startups before eventually deciding to chart its own course.

The companies have signed a Memorandum of Understanding (MoU) in order to explore potential collaboration in EV developments, components and joint business opportunities with a focus on the European and South American markets.

Sales of LCV goods carrier (trucks) vehicles (gvw ≤ 7.5t) fell by 2.9% to 542,934 units in FY 2023 (ending March 31, 2024).

The market demand fell by 2.8% in the fourth fiscal year quarter of 2023/24

The ST1 (Service Type 1) battery-powered LCV platform is the name of a new, purpose-designed platform of battery-powered light commercial vehicles from Hyundai for the local delivery market segment.

The plan is to start mass production of a battery-powered version of the Hilux pickup truck for Thailand and for export.