The Olympus ‘Midi’ is Dennis Eagle’s latest rear-loading truck body, available in three volumes (9.8, 10.8, and 11.8 cubic metres).

ABC Technologies has stated that the new company will be a “stronger, more diversified Tier-1 manufacturer” with “global scale and local reach”.

The BMS is designed to maximise the efficiency and performance of the batteries while being cost-effective, helping manufacturers reduce the overall costs of vehicle development​.

This follows the acquisition of Tankcare Engineering Ltd, an aftermarket firm based in Wisbech, England.

According to a press release published on the company website, the board took the decision to put Volta Trucks into administration when it failed to raise the investments needed to maintain its capital expenditure towards a relaunch.

With their 2024 financial results freshly published and a pivotal year behind them, we interviewed Patrick Yau, Director of Investor Relations at Ceres, to explore the company’s evolving strategy, commercial vehicle ambitions, and whether their “asset-light, IP-heavy” approach will carry the day in a volatile green energy market.

Kohlmeier succeeds Stefan Thyssen, who returns to Munich to take up a new role in the company.

The 6-metre bus will serve in Ebbsfleet Valley, an area of major urban development between the Kentish towns of Dartford and Gravesend.

A key aspect of the acquisition is a long-term agreement with the Road Haulage Association (RHA) and the Society of Motor Manufacturers and Traders (SMMT).

The prototype, dubbed ‘Alumotor’, is a synchronous reluctance motor which does not require rare earth metals or cobalt in order to work.

A key driver behind this performance was a record order intake of GBP 112.8 million, fuelled by agreements with two new manufacturing licensee partners, Delta Electronics and Denso, and an electrolyser system partner, Thermax Ltd. These strategic partnerships signal strong future revenue streams for Ceres.

Readers of Truck & Bus Builder will be accustomed by now to news stories reporting the demise of yet another electric vehicle startup. Particularly in Britain and in the USA, several new companies in receipt of millions of dollars of investors’ money – either through venture capital funding rounds or the stock market – have faltered in the past year, reducing their business activities to a fraction of their original scope or ceasing to trade altogether. Yet, in late 2024, while all of this was going on, a small British firm successfully raised a sum of GBP17.3m from investors who could justifiably have refused to cough up a single penny towards yet another electric vehicle proposition. Bucking the trend, Sunswap Ltd is showing that a new entrant can bring out a product that is economically as well as environmentally sustainable.