The Indonesian market for commercial vehicles over 2 tons gvw bounced by 10% year-on-year to 37,677 units in the fourth quarter of 2024 after plunging by 29% to 34,126 units a year earlier.

Kiepe announced that its U.S. engineering team was working with German battery manufacturer, the BMZ Group to customise its MAGNUS+ battery to fit with its own electric systems.  

They will be sold alongside Iveco’s own ‘Daily’ range of large vans, expanding its portfolio in the light commercial vehicle segment.

The two companies will partner to develop a software platform shared across Traton’s brands, including MAN, Scania, International, and Volkswagen Truck & Bus.

Japan’s commercial vehicle market over 2 tons gvw shrank by 11% to 80,450 units in the fourth quarter of 2024 from 90,750 units in the same period of the previous year.

The partnership focuses on retail financing solutions for commercial and industrial vehicles, conducted through their joint venture, Transolver Finance Establecimiento Financiero de Crédito S.A. (Transolver Finance), in which Iveco Group holds a 49% stake.

This month, our focus shifts to Europe, where the European Union (EU) has rolled back its CO₂ targets.

The ‘MD6’ and ‘MD7’ Class 6-7 trucks will now be offered with a heavier rear axle and the Cummins ‘B6.7’ engine, which has a rating of 325 horsepower.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by 16% to 268,373 in the fourth quarter of 2024 from 319,099 units a year earlier.

The company offers a wide range of equipment, including concrete mixers, aerial work platforms, all-terrain cranes and more.

In addition to the four- and five-pack configurations offered previously, Scania is now allowing customers to specify three battery packs, with a total energy capacity of 312 kWh.

According to Kleanbus, conversions cost just 20% of the cost of a new battery-electric bus and offer, when completed, significantly lower emissions to the diesel powered vehicle it replaces.