The market for commercial vehicles over 2 tons gvw in the Philippines rebounded by over 130% to an estimated 21,692 units in the second quarter of 2021 after plunging by 83% to 9,426 units in the same period of last year.

South Korea’s commercial vehicle market over 2 tons gvw continued to grow in the second quarter of 2021, with sales rising by 5.2% to 64,525 units from 61,344 in the same period of last year, based on data released individually by vehicle manufacturers and trade associations.

Vietnam’s market for commercial vehicles over 2 tons gvw bounced back by almost 41% year-on-year to 20,026 units in the second quarter of 2021 after declining by 23% to 14,211 units in the same period of last year.

The Thai market for commercial vehicles over 2 tons gvw plunged by over 34% to an estimated 94,255 units in the second quarter of 2021 from 70,151 units in the same period of last year.

Woven Capital, the investment arm of Toyota Motor Company’s Tokyo, Japan-based Woven Planet Group Inc subsidiary, announced it has invested in Ridecell Inc, a specialist platform provider for IoT-driven automation for mobility and fleet businesses.

Hyundai Motor Group of Seoul, is investing heavily in two main zero-emission technologies, battery-powered electric vehicles and hydrogen fuel-cell electric vehicles (FCEVs), as major markets across the world look to phase out internal combustion engines in the next 15 years.

Thai renewable energy company, Energy Absolute Plc (EA) in July said it planned to deliver 600 battery-powered buses to a public transport fleet operator in Bangkok by the end of 2021.

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), based in Kawasaki, Japan, said its truck plant in Tramagal, Portugal, would become  carbon neutral by 2022, well ahead of its plants in Japan which are expected to achieve this status by 2039 at the latest

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), based in Kawasaki, Japan, in July announced it has signed an agreement to use US-based Wise Systems Inc’s routing and dispatching solutions in Japan from the fourth quarter of 2021.

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), based in Kawasaki (MFTBC), in partnership with Japan-based Fuso Financial and Mercedes-Benz Finance Company Ltd, announced in June the launch of the Fuso Mileage Lease “pay-as-you-drive” programme in Japan.

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in June strengthened its truck line-up in Australia with the launch of its new medium/heavy-duty Fighter truck range and a new Shogun heavy-duty truck model.

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in June announced the launch of a new model in its heavy-duty Super Great truck range, equipped with several Japan-first diver-assistance features to enhance road safety.