The investment is to be used to support RSB’s plans for growth, focusing on mergers and acquisitions (M&A) and expanding its global operations.

He replaces Jonas Rickberg who is leaving the company.

The truck manufacturer is allowing customers to schedule a thirty-minute one-to-one consultation with a salesman through video conferencing software.

This multi-year investment, said to exceed USD100m, aims to double the current manufacturing footprint.

The order consists of fifty ‘S.BO Express’ semi-trailers with dry freight bodies and twenty-five dollies which connect a pair of trailers to create an extra-long truck-trailer combination (up to a maximum length of 31.5 metres).

With this expansion, Kempower is targeting the Turkish charge point operators, municipalities and public transport authorities. This is a milestone for Kempower, which continues to enter new markets as part of its strategy for growth.

Initially, the facility will have a production capacity of 50,000 packs a year; MAN is hoping to expand this to 100,000 by 2030.

The company says its facility in Fullerton, California is already set up to produce a “high volume” of batteries with “standard” chemistry (likely LFP) on one line and low volumes of battery packs for research and development purposes on two other lines.

The battery manufacturer Gotion has acquired 9.3% of Ebusco for a price of EUR 5 million. Within this agreement, it stipulates that Gotion can nominate a representative to Ebusco’s supervisory board and management board, subject to the approval of the Company’s shareholders.

Dongfeng CV Xinjiang Company is a unit of state-owned Dongfeng Motor Company based in the Urumqi City of China’s Xinjiang Uygur autonomous region.

Vehicle production also saw a rise of 13.8% in the first half of FY 2024-25.

At the 2024 Euro Bus Expo, T&BB sat down with Paul Davies, the CEO of Alexander Dennis, to discuss the company’s new product range.