In 2022, the Chinese bus and coach manufacturer delivered 30,198 units in total, of which 12,414 were electric, plug-in hybrid and fuel cell vehicles.

‘OEV Canada Inc’, based in Toronto, Ontario, is already operational, and is headed by Roberto Bragagnolo, who will lead the provision of product sales and services in the country.

The automotive components supplier was acquired by private equity firm Apollo on 17 November for approximately USD7.1bn in cash.

The new terms would alter Renault’s voting rights through its Nissan shares and pave the way for further collaborations in Europe, Latin America, and India.

The new brand, called 'Hyla', will be affixed to all of Nikola’s hydrogen fuel products and services, including fuel production and distribution.

The draft proposals would allow weight limit increases of two tonnes for zero-emission vehicles and up to one tonne for “alternatively fuelled” vehicles - allowing for the heavier powertrains in these vehicle types.

The owner of DAF, Kenworth and Peterbilt reported revenues of USD28.82bn, earnings of USD3.01bn and a net income of USD921.3m.

Sales of vehicles made by Traton's brands increased by 12.6% from 271,200 units to 305,500 in 2022.

XCMG is traditionally a manufacturer of construction equipment, but in recent years it has been expanding into the on-highway business.

The German group's Turbo division achieved sales revenue of EUR1.56bn and earnings of EUR48m in financial year 2021/22.