In 2023, Hyva undertook significant business restructuring efforts to enhance its global operations and competitiveness. This restructuring was aimed at improving operational efficiency, strengthening its product portfolio, and positioning itself better for growth in key markets.

The company showcased a variety of powertrain systems, including natural gas-powered engines, and electric propulsion (e-propulsion) systems.

The facility is being built in the technological-industrial development zone near Skopje and represents a significant investment, making it the company’s fifth global factory.

The new building provides eight vehicle bays, accommodating sixteen workspaces and an authorised testing facility lane for Ministry of Transport (MOT) vehicle tests.

South Korea’s commercial vehicle market over 2 tons gvw continued to decline in the second quarter of 2024, by over 12% to 53,662 units from 61,318 units in the same period of last year.

The new highly automated 16,000 sqm battery pack manufacturing facility produces lithium-ion batteries for heavy-duty applications.

Brigade has introduced a refreshed brand identity which includes a new logo and updated visual elements designed to reflect its evolution from a hardware supplier to a technology-first company that offers innovative safety solutions harnessing AI-powered technologies.

He will replace Andreas Endters, who is serving as interim CEO of the group as well as CEO of the paper business unit.

The Philippine market for commercial vehicles over 2 tons gvw continued to grow in the second quarter of 2024, by just over 4% to 29,273 units from 28,094 units a year earlier.

In July, Renault Trucks hosted journalists in Lyon, France for a media day packed with presentations, workshops, a factory tour, and a ride and drive. No substantial announcements were made; instead, the point of the event was to show how Renault Trucks’ efforts to switch to electric vehicle production have moved from an “industrial and commercial reality” to an “operational reality”.

The company showcased several of its technologies aimed at supporting the automotive industry’s transition to sustainable mobility, which focused on solutions that contribute to zero-emission vehicle technologies, including innovations in electrification and advanced driver-assistance systems (ADAS).

Nissens will expand its portfolio with an initial range of fifteen EGR coolers that cater for thirty-seven original equipment (OE) part numbers, covering several truck and bus applications with Euro IV, V, and VI engines.