According to a report from The Bolton News, WN VTech called in administrators due to supply chain “challenges” - it has since been confirmed that Mellor, along with Treka, VCS, Promech Technologies, Coleman Milne and JM Engineering, will be rescued following the Dumarey acquisition, allaying fears of significant job losses.

A startup cannot live on ideas alone, no matter how good; it must be able to turn them into a viable business case if it is to remove its dependency on investor funds. That was the message of Jean-Claude Bailly, who took over the ailing French tech company Navya SA when it was saved from insolvency earlier this year by Gaussin and Macnica,1 during an interview with Truck & Bus Builder.

Irizar Southern Africa appointed Danie Human as the new General Manager, effective immediately.

Patrick Farbrace will succeed Gareth Lumsdaine as the new Truck Business Line Director of Iveco UK, effective immediately.

Representing an approximate investment of USD600m, the new facility will be developed along “vertical production” principles a la Tesla, meaning that battery and vehicle assembly will take place at the same location.

YA II PN Ltd, a hedge fund managed by Yorkville Advisors, has agreed to invest an undisclosed sum in Sono Motors in order to keep it solvent until at least the end of 2024.

The market for electric vehicles in North America is currently a very crowded one. In the wake of two crucial U.S. government bills – the Infrastructure Investment and Jobs Act (2021) and the Inflation Reduction Act (2022) – established OEMs and startups are enjoying a boost in interest as grants and tax incentives support the expansion of EV manufacturing, sales, and charging/fuelling infrastructure.

Karsan has signed a distributorship agreement with Damera in the U.S.

This is the largest zero-emission bus fleet in Western Europe, with more than one in nine buses now zero emission. Since 2021, all new buses joining the TfL fleet have been zero-emission.

Seating 75 passengers, these double-deckers are built on a BYD chassis and driveline.

The bus rolled off the production line in Czech Republic at Iveco’s Vysoke Myto plant, one of Europe’s largest bus manufacturing facilities.

ADL launched its next-generation electric Enviro400EV double-decker and Enviro100EV single-decker electric buses. Series production has begun in Lambert, Scotland, with the first deliveries set for Q1 2024.