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.

This is the first and largest outright purchase of electric buses by a state transport corporation in India.

The expansion will increase ABB’s production capacity for low-voltage electrification products, key components in the infrastructure that powers commercial electric vehicle (EV) charging, depot operations, and logistics hubs.

This divestment is part of Goodyear's strategic plan to streamline its operations and focus on core business areas.

This product launch aligns with Daimler Buses’ wider strategic pivot toward electrification and digitalisation.

South Korean automaker agrees collaboration with local defense contractor.

Broshuis is a family-owned company specialising in the design and manufacture of trailers. The company produces semi-low trailers, low-bed trailers and flat-bed heavy-haul trailers.

Production under these contracts is slated to continue through the end of 2029, marking a significant long-term commitment to emissions reduction.

This development is particularly significant for the commercial vehicle (CV) sector, where affordable green hydrogen could accelerate the adoption of hydrogen-powered vehicles, especially in long-haul transport.

With the combined effect of these aerodynamic improvements, Volvo’s FH Aero model can reduce fuel consumption by up to 7% versus an unimproved FH model.