Vietnam’s market for commercial vehicles over 2 tons gvw began to recover in the second quarter of 2024 after almost two years of sharp decline.

The plant is managed by the company’s local subsidiary, Yuchai Power System (Thailand) Company Ltd, based in Samut Prakan just outside Bangkok.

The company said the Thai plant would be used to supply markets across South-east Asia, Middle East as well as Latin America, replacing the existing C&E Series models.

South Korea’s commercial vehicle market over 2 tons gvw continued to decline in the second quarter of 2024, by over 12% to 53,662 units from 61,318 units in the same period of last year.

The Philippine market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2024, by just over 4% to 29,273 units from 28,094 units a year earlier.

The company showcased several of its technologies aimed at supporting the automotive industry’s transition to sustainable mobility, which focused on solutions that contribute to zero-emission vehicle technologies, including innovations in electrification and advanced driver-assistance systems (ADAS).

Japan’s commercial vehicle market over 2 tons gvw continued to decline in the second quarter of 2024, by over 6% to 81,114 units from 86,752 units a year earlier.

Sales for commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, continued to decline in the second quarter of 2024.

MFTBC first started trials of the new model in November 2023 in Kawasaki City, in partnership with the Ministry of the Environment.

Incentives include tax exemptions of between two and eight years, financial support and streamlined regulations (with other nations).

The state government of Western Australia, together with the federal government, is committing AUD125m towards the manufacture of buses on the BZL Electric chassis in Perth.

Fuso confirmed the trials would take place using its light-duty eCanter trucks equipped with Ample’s swappable battery module.