The two companies plan to sell around 5,000 retrofitted trucks and buses in France by 2030, supported by over EUR1.5m raised earlier in the year by REV Mobilities.

Group spending in research and development into electric vehicles will increase to EUR2.6bn between now and 2026, adjusting its original budget of EUR1.6bn to 2025.

Sales revenues grew to EUR30.6bn, while the group's adjusted operating income was EUR1.6bn, a 5.2% return on sales.

Quantron's revenues increased by 500% over the year before to EUR10m.

Cummins Inc, based in Columbus, Indiana, USA, has announced it will open a new Powertrain Test Facility at its Darlington, UK campus. Ground preparation work has begun on the site, with the firm expecting the first phase of the GBP14 million investment expected to open for operations by May 2023.

The ITxPT aims to widen the interoperability between IT systems in the public transportation sector in the European and North American markets by creating an "open architecture".

Daimler Truck AG, based in Stuttgart, Germany, has announced the delivery of its very first series production eActros to operator DB Schenker. The eActros 300, produced at the Daimler plant in Wörth am Rhein, will be used for heavy-duty distribution.

Van Hool, Kiepe Electric, and Alstom will be collaborating on a vehicle based on the Exqui.City line of buses for BRT lines.

Companies including Cummins and Traton, as well as multiple tyre manufacturers, have suspended their operations in the Russian Federation and have halted all exports.

It was back in 2019 that Hispacold started to deliver its first of 37 full electric HVAC systems for Alexander Dennis’ E400EV electric double deck models. The vehicles were equipped with two electric HVAC systems, one for passengers, the DDE HP E400 EV, and one for the driver, DCAB HP E400 EV.

The share of the market held by battery-electric and plug-in electric vehicles in 2021 across the LCV, truck, and bus segments was 3%, 0.5%, and 10.6% respectively.

The two companies are developing a truck, code named 'Oxygen', with easy manoeuvrability and safety as design priorities.