The EPA’s latest “Greenhouse Gas Emissions Standards for Heavy-Duty Vehicles”, now in its third phase, stipulates the maximum permitted emissions in grams per ton-mile that will be allowed for each subcategory of vehicle – divided according to its weight and application.

The 1,000th ‘Saf-T-Liner C2 Jouley’ electric vehicle was delivered as part of an order for 8 electric school buses, which were reportedly funded through the ‘Clean School Bus’ federal grant programme.

Ballard has announced plans for a USD 200 million twenty-two acre fuel cell production Gigafactory (“Ballard Rockwall Giga 1”) in Rockwall, Texas. Ballard has confirmed that USD 40 million in subsidies/grants is expected from the U.S. Department of Energy’s (DOE) Hydrogen and Fuel Cell Technologies Office, through the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program.

As per the agreement, Kalmar will develop “automation-ready” terminal tractors which will then be installed with Forterra’s self-driving technology, called ‘AutoDrive’.

The rebranded firm has elected to focus instead on military contracts and off-highway commercial trucks, which it believes will carry fewer risks and provide quicker returns on investment. 

The parent of DAF, Kenworth, and Peterbilt announced record sales revenue of USD35.13bn in 2023, a 22% improvement on its performance in the year before (USD28.82bn).

The investment will fund the further development of Range Energy’s electric axle technology for semi-trailers, which can reduce fuel consumption in a diesel tractor-trailer combo or energy consumption in a fully-electric one.

The “Legendary Package” is a special version of the Class 8 Model 589 range with retro styling and vintage Peterbilt branding inside and out.

The buses will be delivered to the New York City Transit Authority, which is part of the Metropolitan Transportation Authority.

The company announced record 2023 sales figures of USD 10.6 billion, an increase of 4% compared with 2022 figures of USD 10.2 billion. Adjusted EBITA rose by USD 145 million, to USD 845 million in 2023 (2022: USD 700 million). Financially, the company is healthy with an operating cash flow of USD 476 million and a sales backlog of USD 950 million.

Steven Miller replaces Brett Icahn as Icahn Capital Board Designee. Miller is a portfolio manager at Icahn Capital L.P. a subsidiary of Icahn Enterprises L.P. The board will continue to be composed of 10 directors, nine of whom are independent.

Okray joins the company from Eaton, where he served as Executive Vice President and CFO.