The Traton group's strategy is to increase profitability and efficiency by reorganising and consolidating its business operations, targeting a 9% return on sales for the entire group in 2024. 

Costs of production most challenging, says Krone's marketing and sales MD, yet investment continues in production, R&D and technology

Senior VP of sales, Kouji Maruyama, now President of UD Trucks

Maumee, Ohio-based Dana Inc has entered an agreement with Lion Electric Co of Saint-Jérôme, Canada, to supply its electric trucks and buses with drive components. The agreement covers electric motors, inverters, controllers, axles, and driveshafts for all of Lion’s electric platforms.

Cummins has begun a partnership with Daimler Trucks North America to retrofit Freightliner Cascadia trucks with a Cummins fourth-generation hydrogen fuel cell powertrain. The firms expect initial units will be available in 2024 for the North American market.

The joint partnership between Larbert-based Alexander Dennis Ltd and the UK subsidiary of BYD Auto Co Ltd of Shenzhen, China, has delivered its 1000th electric bus. The BYD ADL Enviro400EV double decker bus was part-funded by the Scottish Government and was handed over to Stagecoach in Aberdeen.

CATL, based in Ningde, China, has opened its new battery manufacturing plant in the city of Zhaoqing, Guangdong. With a substantial total investment of 12 billion yuan (USD1.8 billion), the first phase of CATL’s Zhaoqing production base is set for the production of both EV batteries and energy storage batteries.

The UK bus manufacturer signed an agreement for up to 60 Kite Hydroliner single deck buses to be delivered to bus operator Regionalverkehr Köln over the next two years.

The Swedish manufacturer will introduce fossil-free steel, made using a new technology based on hydrogen by SSAB, into its line of heavy-duty electric trucks, starting in the third quarter of 2022. 

InoBat Auto, based in Bratislava, has entered into a strategic partnership with Green Lithium Refining Ltd, headquartered in London. The partnership will see Green Lithium supply InoBat with battery-grade lithium chemicals.

BAE Systems Inc, based in Endicott, New York, has announced it is supplying powertrain components for 45 Enhanced Electric Hybrid (EEH) hybrid articulating buses sold by Winnipeg, Canada-based New Flyer Industries to the Massachusetts Bay Transportation Authority (MBTA).

Indonesia's government finally makes Euro IV mandatory for new vehciles.