According to the latest agreement, the companies plan to co-develop electric heavy-duty trucks (both battery-electric and fuel-cell electric) for the European market.

Siemens has launched the 400kW DC SICHARGE D fast charger for the electric HGV market. The charger allows for up to four vehicles to be charged simultaneously using only one grid connection, optimising space and delivering financing savings for Charge Point Operators (CPOs).

The Polish company sold a total of 1,456 vehicles in 2023, of which 82% were fitted with alternative drivelines, according to figures reported during an online press conference in March.

Longstanding investors in the vehicle connectivity firm include Cummins, Daimler Truck North America, and Paccar.

The parent of ADL, New Flyer, and MCI announced sales revenues of just under USD2.7bn in 2023, a year-on-year increase 30% compared to revenues of just under USD2.1bn.

With Google Cloud generative AI, Valeo will overhaul its processes for vehicle component design, production, and integration, as well as its quality assurance and customer services.

Daimler Buses has set itself a range of ambitious targets for 2030, including achieving an adjusted return on sales of nine percent by the end of the decade and eight percent by as early as 2025 (2023: adjusted return on sales of 4.7%). Overall, the business segment is set to become more lean and therefore profitable in order to shoulder the investment into electrification.

Volvo NA has not divulged the location of the newly announced plant in Mexico, but it will reportedly cover 1.7m square feet when it is opened for production in two years’ time.

The Department of Energy claims that, by funding these projects, it will facilitate the production of up to 50,000 new medium- and heavy-duty trucks and the supply of enough hydrogen to fuel nearly 170,000 long haul trucks in a single year.