The Indonesian market for commercial vehicles over 2 tons gvw grew by 16% to 46,811 units in the first quarter of 2023 from 40,349 units in the same period of last year, as the domestic economy continued to recover from covid-related lockdowns.

The Malaysian commercial vehicle market over 2 tons gvw continued to expand in the first quarter of 2023, by almost 13% after growing by over 20% a year earlier.

Billed as "Software-as-a-service", 'OpenZEVX' is targeted to operators of commercial electric vehicles and is available on a subscription basis.

The ‘Front Short Range Assist’, ‘Intelligent Speed Assist’, and ‘Tyre Pressure Monitoring System’ have been designed to comply with the EU’s updated General Safety Regulation (GSR) which comes into effect in July 2024.

The Philippine market for commercial vehicles over 2 tons gvw shrank by more than 3% in the first quarter of 2023 after growing by 12% in the same period of last year.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, fell by over 2% year-on-year to 372,543 units in the first quarter of 2023 after growing just 1.6% to 364,641 units in the fourth quarter of last year.

PlusDrive-equipped trucks will employ mid- to long-range lidar from Luminar on an exclusive supplier basis, while Plus will act as exclusive third-party supplier of AI-powered driver assistance software to Luminar’s OEM customers.

From the Dallas-Fort Worth metroplex, Volvo will test autonomous trucks on freight corridors to El Paso and to Houston.

Tevva says it worked extensively with the ‘Commercial Vehicle Solutions’ (CVS) division of German components group ZF to integrate its electronic braking system (EBS) with the truck.

Economic growth in the country accelerated to 4.5% year-on-year in the first quarter of 2023, up from a multi-decade low of 3.0% in the whole of last year, as the country began a gradual recovery from the Covid pandemic.

Starting next year, Sunsundegui will be licensed to produce the Volvo ‘9700’ and ‘9900’ coach models, based on a new chassis which Volvo Buses introduced last year.

The American manufacturer claims the new alloy will make its engines more durable and efficient than was previously possible. 

This fall was sharper than the overall economy. Economic growth slowed to 3.3% year-on-year in the first quarter of 2023 from 5.9% in the previous quarter and 8% in the whole of 2022.

The strong sales growth came about despite economic growth continuing to slow sharply in the first quarter to 0.8% year-on-year from 1.4% in the fourth quarter and 2.6% in the whole of last year.

The U.S. Department of Energy took the decision to cancel the deal with Microvast in late May without offering any specific reason - though the company has been the subject of allegations linking it to the Chinese government.

The market continued to decline despite a pick-up in economic growth to 2.7% year-on-year in the first quarter after slowing to 1.4% in the fourth quarter of last year.

This is just one of many recent acquisitions by Borgwarner in the electromobility sector.

Commercial vehicle sales in the first four months of 2023 were up by almost 9% after declining by 40% in the same period of last year.