The contract stipulates a firm order for two hundred buses, to be delivered beginning in 2026, plus options to acquire up to 550 more.

Though the current rollout focuses on electric school buses in North America, the scalable and standards-based design positions the solution for future deployment across Europe and other markets.

Vietnam’s market for commercial vehicles over 2 tons gvw surged by over 37% to 15,252 units in the first quarter of 2025.

Speaking to ABB representatives at the 2025 UITP Summit, they said that for the commercial vehicle sector, this deal is significant as electrification advances into heavier classes, from terminal tractors and off-highway equipment to electric buses, the need for high-performance power conversion grows.

The Thai commercial vehicle market over 2 tons gvw continued to decline in the first quarter of 2025.

This decision is part of a broader strategy to focus on Dana's core competencies in light and commercial vehicle markets. The sale is expected to strengthen Dana's balance sheet and unlock untapped shareholder value.

The South Korean market for commercial vehicles over 2 tons gvw declined by 13% to 41,648 units in the first quarter of 2025 from 47,744 units in the same period last year.

His departure, effective immediately, leaves day-to-day leadership in the hands of the company’s CFO and COO, while the Supervisory Board searches for a permanent successor.

The Philippine market for commercial vehicles over 2 tons gvw expanded by over 16% to 32,558 units in the first quarter of 2025.

The project aims to demonstrate multi-vehicle, ultra-fast charging at two large-scale pilot sites, capable of delivering megawatt-level power, significantly reducing charging times for heavy-duty trucks and supporting 24/7 fleet operations. The goal is to achieve a high level of technical readiness, enabling rapid commercial rollout across key European corridors.