The company announced it will be implementing job cuts this year as part of this restructuring plan. This will mean reducing its workforce by approximately 16.5%, equating to 102 full-time equivalent positions.

Sales of commercial vehicles over 2 tons gvw in Thailand continued to plunge in the third quarter of 2024, by 45% to 45,111 units.

T&BB spoke with BAE Systems, who have thirty years of proven experience delivering hybrid electric drivetrains. They are proposing its parallel hybrid technology to help truck OEMs meet their emissions obligations on both sides of the Atlantic.

The Hyzon Board of Directors announced that they have unanimously approved a plan to dissolve the company and liquidate its assets, pending shareholder and regulatory approval. A mandatory disclosure has been submitted to the US Securities and Exchange Commission (SEC).

Plus says it will incorporate the H.E.L.P. system in its self-driving trucks, mitigating risks in the event that a truck is rendered inoperable by a system or base vehicle issue.

The commercial vehicle market over 2 tons gvw continued to decline sharply in the third quarter of 2024, by almost 19% to 43,267 units from an already weak 53,150 sales a year earlier.

Solaris has agreed to supply up to sixteen buses to the King County Metro Transit Department, the public transit authority which serves King County and the city of Seattle in the state of Washington.

In late December 2024, Lion Electric obtained creditor protection under the Companies' Creditors Arrangement Act (CCAA) in Canada and filed for Chapter 15 bankruptcy in the United States.

Successful applicants will receive up to USD200,000 in the first phase to prove the feasibility of an idea; they may then receive up to USD1m towards further development of their idea, including prototyping, validation, and testing.

The market for commercial vehicles over 2 tons gvw declined by over 17% to 16,517 units in the third quarter of 2024 from strong year-earlier sales of 19,966 units.

The company also unveiled its new direct-injection hydrogen engine.

The coaches will serve on Houston’s park-and-ride service routes, connecting the suburbs with the downtown area.