The ‘StackPack 75’ fuel cell system is designed for on-road applications such as urban and intercity buses, coaches, and light- to medium-duty trucks, as well as offroad handling and construction equipment.

End-of-life batteries used to build charging network.

The sale has been finalised after receiving the necessary regulatory approval. The divestiture is part of Goodyear’s plan to cut costs by streamlining its business operations.

Closure is part of broader efficiency drive.

Flexible production line will produce battery-powered and ICE models.

Hino pays a reported US1.6bn to settle the case.

Delivery will start in Q1 2025 with production set to take place in Zhejiang, China. The company views this as a pivotal milestone that not only reinforces its presence in Japan but also sets the stage for additional orders and expanded market share.

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas. This sale follows Goodyear's recent divestment of its Off-the-Road equipment tyre business to Yokohama Rubber for USD 905 million last year.

Isuzu Group strengthens UD Trucks sales operations in Kenya.

The two partners will focus primarily on hydrogen fuel cell research

Sales of commercial vehicles over 2 tons gvw fell by over 12% year-on-year to 255,680 units in the first nine months of 2024.

Sales declined by 15% to 276,272 in the third quarter of 2024.