The Rhino 5536E truck is produced by heavy-duty start up by IPLTech Electric Pvt Ltd of Gurgaon

Kögel aims to strengthen its market presence in the UK and Ireland with a medium-term objective of capturing a 10% market share.

Deliveries will be completed by Spring 2026 before the region serves as host to the 2026 FIFA World Cup.

Schmitz stated that the two companies will combine their “expertise in designing and building superstructures on rigid chassis, including tarpaulin, boxes, and refrigerated solutions”.

This capital will help the company scale manufacturing at its 250,000 square foot production facility in Ohio. This strategic investment aims to meet the growing demand for zero-emission specialty vehicles, particularly in the American electric school bus sector.

Bosch announced its decision to discontinue collaboration on solid oxide fuel cell (SOFC) technologies with Ceres and to consider selling its 17.44% stake in the company which led to a sharp decline in the British firm's share price.

Sales of medium and heavy rigid trucks (7.5t GVW and above) in India declined by 7% in the first three quarters (April-December) of fiscal year 2024-25, dropping to 168,233 units from 180,820 units in the same period of 2023-24.

The company announced 2024 sales figures of USD 10.3 billion, a decrease of USD 300 million compared to 2023 figures of USD 10.6 billion. Adjusted EBITA rose by USD 40 million, to USD 885 million in 2024 (2023: USD 845 million). Financially, the company is healthy with an operating cash flow of USD 476 million and a sales backlog of USD 650 million.

New Jakarta office to strengthen marketing and sales operations.

The tyre comes with key performance assurances such as stone protector ledges that help protect the casing from stone penetration. Five rib tread promotes even wear whilst scrub ground compound helps resist tyre wear/abrasion.

36,497 light duty buses were registered in the first threequarters of FY 2024-25.

BorgWarner’s full-year financial year results included net sales of USD 14,086 million, a decrease of 0.8% compared to 2023 (14,198 million). Gross profit was up in 2024 with a figure of USD 2,648 million compared to 2023 figures of USD 2,568 million with an operating income of USD 1,417 million, or 10.1% of net sales.