Following shareholder approval, Plus will enter into a business combination that will generate up to USD300m in gross proceeds while also giving it access to the public financial market.

Volvo’s new ‘Safety Zones’ feature, available through its ‘Volvo Connect’ digital services, allows operators to “geofence” certain locations, such as a port or a logistics centre, and assign specific speed limits (20 km/h and above).

Sales of LCV goods carrier (truck) vehicles (gvw ≤ 7.5t) fell by 2.8% to 528,045 units in FY 2024/25 from 543,008 units in FY 2023/24.

These tyres feature a new tread design which reduces rolling resistance and noise and improves traction, offering robust performance in the most demanding conditions while realising fuel savings, according to Michelin.

Readers may recall that, two years ago, we published a feature on TCCI Manufacturing, explaining why the longstanding Midwest supplier of compressors had decided to invest in a new facility on its home turf in Decatur, Illinois. In that article, Richard and Kara Demirjian outlined their plan to open a 260,000-square-foot “Clean Energy Innovation Hub” comprised of three facilities: a plant dedicated to the production of compressors for electric vehicles; a whole-vehicle test centre; and an academy to train the next generation of EV technicians. The innovation hub was officially unveiled by the governor of Illinois, JB Pritzker, at the end of April 2025, and so Truck & Bus Builder used the Advanced Clean Transportation Expo to get an update on TCCI’s newest investment.

The company recently opened a new 10,000-square-meter production facility in Lublin, Poland, as part of its efforts to expand across Europe. The plant is set up to manufacture several hundred hydrogen-powered buses each year.

Total tractor sales slipped 2.2% during FY 2024/25 to register 67,574 units compared with 69,115 units in the previous year (FY2023/24).

MAN has added an extra 53,000 square metres, allowing the Salzgitter logistics centre to store more than 220,000 parts, including up to 12,000 e-mobility components.

The company’s proposal would bring an end to bus bodybuilding at the Larbert and Falkirk plants, putting up to 400 jobs at risk, or approximately 22% of the current workforce.

Mullen has agreed to transfer ownership of its Mishawaka facility to GEM Group as part of a settlement to resolve a four-year legal battle.

Sales of medium and heavy rigid trucks (7.5t gvw and above) experienced a degrowth of 4.4% to 239,847 units in FY 2024/25 from 250,969 units in the financial year 2023/24.

This move is aimed at maintaining SMRP B.V.’s existing ownership stake in the company as REE raises fresh capital to support the commercialization of its order book.