With this expansion, Kempower is targeting the Turkish charge point operators, municipalities and public transport authorities. This is a milestone for Kempower, which continues to enter new markets as part of its strategy for growth.

The battery manufacturer Gotion has acquired 9.3% of Ebusco for a price of EUR 5 million. Within this agreement, it stipulates that Gotion can nominate a representative to Ebusco’s supervisory board and management board, subject to the approval of the Company’s shareholders.

Vehicle production also saw a rise of 13.8% in the first half of FY 2024-25.

These funding packages are aimed at creating an e-charging infrastructure to encourage the uptake of electric trucks in the Netherlands.

Production saw a more significant decrease of 13.7%, dropping from 37,014 units to 31,938 units.

The two companies plan to integrate Rocsys’ ‘ROC-1’ hands-free charger with Aidrivers’ autonomous digital infrastructure which allows terminal tractors to drive themselves safely in the port.

Production decreased by 8.7%, while exports saw sales improve by 8.6%.

Commercial vehicle sales in Singapore amounted to 6,287 units in the first nine months of 2024, compared with 7,434 units in the whole of 2023, according to the latest government registration data.

Tractor production decreased by a greater percentage of 9.9%, falling from 33,269 units to 29,985 units.

Nova Bus announced last year that it would cease production at Plattsburgh by 2025, citing the location’s weak profitability.

Medium and heavy rigid truck (7.5t GVW and above) sales slipped by 8% to 108,018 units from 117,351 units in the same period of FY2023.