The German manufacturer says the order for 27 battery electric buses from Ledermair is the largest order for electric buses the company has received thus far from a private operator in Austria.

The ‘Urbino 24’ double-articulated buses will serve on bus rapid transit routes in the city.

Customers of MAN and Scania who make use of MAN ‘Charge&Go’ or Scania ‘Charging Access’ will now be able to use Hubject’s ‘Intercharge’ network of charging points.

This so called ‘accelerated bookbuilding process’ created 145,000,000 shares in a “private placement” fund at NOK 6,90 (0.63 USD) per new share. The capital raised will help the company meet its 2025 goals, namely getting a few hundred Tern trucks out the door and ramping up production.

EVM UK, now with the Ferqui brand added to its portfolio, the company now represents a total of nine European mini and midi bus and coach brands.

The companies are set to develop a fully electrified refrigerated trailer that aims to reduce emissions in the cold chain logistics industry.

By restructuring the business, Northvolt hopes to raise a total of USD245m in new financing, including USD145m in cash collateral and USD100m of debtor-in-possession finance from an existing customer.

The ten ‘Endurance’ TRUs were the first to be produced at the company’s new headquarters and production facility in Leatherhead.

Labcraft will now be integrated into Safe Fleet’s portfolio of brands that provide safety products for vehicle manufacturers. These companies serve multiple global market segments including emergency services, waste & municipal vehicles, construction vehicles and truck & trailer OEMS.

T&BB interviewed senior management at Hexagon Purus and discussed the company’s market positioning as it looks to capitalise on the growing demand for clean transportation technologies needed to drive zero-emission transportation in the Commercial Vehicle (CV) industry.

Scania says that, with “Complete Fleet”, it addresses the fact that many operators have mixed fleets of trucks and trailers of different ages and from different manufacturers.

The market continued its trend of growth in the third quarter of 2024, reporting a 36.1% increase in registrations to 2,367 compared to the same period of the year before, according to statistics published by the Society of Motor Manufacturers and Traders (SMMT).