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.

The aim of the research, which began in 2021, was to overcome “vapour lock”, or the tendency of LPG to change state from liquid to gas while it is still in the fuel delivery system.

Plus says that on-road testing of Traton trucks installed with its ‘SuperDrive’ Level 4 autonomous driving technology has already begun in the USA and Sweden.

Eatron says that its battery management software is “AI-powered”; in other words, it employs algorithms based on physical models to assess the battery’s health and performance.

‘T/T Pair’ is a 7-way socket which is designed to replace Phillips’ ‘QCS2’ socket for hooking up a semi-trailer to a tractor unit.

BorgWarner has announced that it will use FinDreams Battery pack design and cells to manufacture lithium iron phosphate (LFP) battery packs for the European, North American and Asian Pacific Commercial Vehicle (CV) markets.