While the city of Jakarta commits to being fully electric by 2030, the Indonesian and South Korean governments have signed a bilateral cooperation agreement to develop a public transportation network using battery-powered buses across cities in Indonesia.

The market for commercial vehicles over 2 tons gvw in South Korea declined sharply in the third quarter of 2023, by almost 16% to 53,168.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by over 8% to 326,720 units in the third quarter of 2023.

The new facility is scheduled to be completed in 2028 within the company’s Hwaseong manufacturing complex.

The E-Way H2 will be produced at the Iveco Bus plants in Annonay, France, and Foggia, Italy. The 12-metre low-floor city bus is equipped with a Siemens ELFA 3, 310-kW e-motor and an advanced fuel cell system provided by Hyundai. With four hydrogen tanks located on the roof and one 69 kWh battery pack by FPT Industrial, the vehicle offers a driving range of 450 km (280 miles) and can accommodate 115 passengers.

The commercial vehicle market over 2 tons gvw in South Korea expanded by just over 3% in the second quarter of 2023 compared with the same period of last year.

Hariphil Asia Resources Inc (HARI), the Manila-based distributor of Hyundai commercial vehicles, launched the light-duty public bus after it was issued with a Certificate of Compliance (COC) in July by the Department of Transportation.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by almost 9% to 308,421 units in the second quarter of 2023 from 338,668 units.

The company announced its South Korean distributor, NGVI, has secured a supply contract for a hydrogen electric bus project with a second municipality in the country, this time with the county of Ulju. Loop will supply its trademarked hydrogen fuel cell system (eFlow).

The eight-seater vehicle, which accommodates seven passengers and a safety officer, uses 42Dot’s in-house self-driving integrated platform ‘Tap’.

KG Mobility (known previously as Ssangyong Motor Company), has bought electric commercial vehicle manufacturer, Edison Motors Company, and will change the name to KGM Commercial.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, fell by over 2% year-on-year to 372,543 units in the first quarter of 2023 after growing just 1.6% to 364,641 units in the fourth quarter of last year.