Cummins Inc, based in Columbus, Indiana, has released its Q4 2021 and full-year financial results. Overall, the year saw total revenues grow by 21% from the same figure in 2020, for a total of USD24 billion. Sales from North America grew by 17% whereas international revenues grew by 27%.

The French manufacturer teased details of two heavy-duty electric trucks designed for regional haulage and construction applications respectively.

Bus and coach builder, CaetanoBus, has announced it will be co-branding its zero emission buses with Toyota. This move follows the bus builder’s change in share ownership in December 2020.

The axle and brake manufacturer achieved sales of EUR1.247bn in 2021, with improved performance across the globe.

According to IHS Markit, Volvo Trucks achieved a 42% share of the electric truck market in Europe, with 145 vehicles under the Volvo brand having been registered in 2021.

Lohscheller joins the American firm from Vietnamese automotive manufacturer VinFast.

Nikola reported net losses of USD159m in Q4 2021 and USD690m for FY 2021.

The order for 100 units of the VMC 1200 range is worth CAD12m and is set to be fulfilled beginning in Q2 2022.

Viritech is designing a heavy goods vehicle concept nicknamed 'the Jovian' at the MIRA Technology Park in the UK which will use a composite construction and patented hydrogen tanks.

The Turkish commercial vehicle manufacturer achieved revenues of TRY4.5bn and net operating profits of TRY1.76bn.

Bus sales increased by 7% to 4,928, but remain well short of the pre-pandemic sales of 5,449 and 17,480 recorded in 2019 and 2013 respectively.

Alexander Dennis Ltd, headquartered in Larbert, Scotland, and BYD Auto Co Ltd, based in Shenzhen China, have announced that they are to build 130 double deck Enviro400EVs, ready to enter service in Coventry, UK, in 2023.