The German Ministry of Transport confirmed to local media, that this is the last time the federal government funds or subsidises e-buses or e-trucks. Funds allocated for projects up until 2027 will remain. A combination of high inflation, energy instability (gas supply from Russia) and a downturn in productivity has resulted in the German government revising its 2024 economic forecast down from 1.3% to just 0.2%.

In an attempt to generate operational capital, the Board approved plans for an accelerated book-build offering of newly issued ordinary shares at an extraordinary general meeting on 29 January 2024.

Krone has teamed up with Austrian logistics company LKW Walter, to introduce access to electronic consignment notes (eCMR) on its trailers. Krone has equipped LKW trailers with a QR code, which gives access to the eCMR. The QR code can be scanned on a smartphone (smart device) through the Krone Smart Assistant ap

DAF Truck dealer representative, The HTC Group has acquired Barnes DAF, which includes its Guildford and Shoreham servicing stations. All staff at these facilities have been retained. For DAF, this means that the number of UK & Ireland dealerships remains the same (146) but with one less dealer group (now 14).

The vehicle achieved a 5 star Direct Vision Standard* (DVS) rating for driver visibility, making it safe to operate in one of Europe’s busiest cities.

The European Parliament in Brussels has agreed improved Weights and Dimensions Directive rules, moving from an initial 40-tonne heavy-goods gross vehicle weight limit to 44-tonnes. The caveat, however, is that after 2034, these weight exemptions will only apply to zero-emission vehicles.

DAF Trucks Vlaanderen (a subsidiary of Dutch truck manufacturer, DAF Trucks NV) has been named “Factory of the Future” by the Belgian technology federation Agoria. The criteria are based on sustainability and the use of pioneering technology and manufacturing practices.

Einride has partnered with Dutch brewer, Heineken, to provide a fleet of digitally optimised electric heavy-duty trucks, using renewable electricity, between Heineken’s Den Bosch brewery in the Netherlands and Duisburg distribution centre in Germany.

The company reported a record production of 69,800 units (68,000 in 2022), up 1,800 from the previous year. 57,900 of these were medium and heavy-duty CF, XD, XF, XG and XG+ trucks that came off the production line (56,100 in 2022) and the other  11,900 being  LF and XB distribution trucks.

ADL announced that is growing its presence in the North American market, with an order for 12 battery-electric Enviro500EV double-deck buses to the public transport agency, Foothill Transit, to operate in downtown Los Angeles in 2026.

AAG is heading into the bus and coach rental market, so T&BB set up an interview with Martyn Bellis, Commercial Director of Bus & Coach at AAG, to get a better understanding of the company’s strategy to double its turnover in bus and coach from GBP500m currently to GBP1bn in the next three years!

Inflation, higher energy costs, supply chain disruptions, and the continuing impact of the COVID-19 pandemic on the company’s finances were cited as reasons behind the decision to slash the company workforce.