The two companies have signed a memorandum of understanding (MoU) to make available locally-produced electric trucks in the Indonesian market under the NTBK brand.

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.

Vietnam’s market for commercial vehicles over 2 tons gvw continued to fall sharply in the second quarter of 2023 compared with the same period of last year.

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.

The Thai market for commercial vehicles over 2 tons gvw is estimated to have fallen by 37% in the second quarter of 2023 compared with the same period of last year.

The two companies have agreed to collaborate in the development of purpose-built vehicles (PBVs) optimised for delivery of goods.

The Philippines market for commercial vehicles over 2 tons gvw continued to edge lower in the second quarter of 2023 following a strong rebound to 28,002 units in 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.

The company received an order for 900 new-generation eCanters from the Japanese leasing company, Yamato Transport. This marks the largest single order of the Next-Gen FUSO eCanter so far.

KTB of launches Fuso's latest eCanter truck model in Indonesia.

Malaysia, Singapore and Hong Kong - all are RHD markets i.e. drive on the left - are the first markets to receive Scania's battery electric trucks.

With production set for 2027, the plant will be responsible for producing air handling units for air conditioners as well as full air conditioning systems.