India's light truck sales increased by more than 100,000 units in FY2022-23 from the previous fiscal year.

RACE is an engineering consultancy company and is also T&BB's partner organisation in India.

Strong demand for rigid trucks sees reguistrations grow by 30% across India.

The Covid-19 pandemic decimated bus and coach travel demand in India starting two to three years' ago - the market now for public transport is in recovery.

The company will intensify efforts to save energy and reduce CO2 emissions throughout its manufacturing process, whilst seeking solutions to increase resource efficiency to minimise its environmental footprint.

Continental has sold its Kaluga plant in Russia to S8 Capital, whilst Michelin has signed an agreement to sell two of its local companies, Michelin Russia Tyre Manufacturing Company and Camso CIS, to Power International Tires, one of Russia’s main tyre distributors.

Sales of light-duty passenger vehicles (7.5 tons and below) enjoyed a resurgence in the FY2022-23 ending March 31, 2023, increasing by 122.1%.

The 50 ‘Nikola Tre FCEV’ trucks were ordered by AJR Trucking through Tom’s Truck Centers and are slated for delivery between the fourth quarter of 2023 and the first quarter of 2024.

The European programme has partly been funded by the Clean Hydrogen Partnership (EUR 30 million for 150 hydrogen fuel cell trucks) and the Connecting Europe Facility (CEF) for the 8 hydrogen refuelling stations across France and the Netherlands.