Category: Cab, Trailer & Body

Class 8 Backlog on a Downward Trajectory until 2024 Orderboards Open

Class 8 Backlog on a Downward Trajectory until 2024 Orderboards Open

| June 20, 2023

ACT Research reports “May’s Class 8 build rate was a healthy 1,343 units per day, representing the ninth month in the past 12 where build rate exceeded 1,300 units per day.” The most notable data points this month were heavy duty and medium duty retail sales, each up double digits y/y. Heavy duty cancellations moderated […]

Read More

NIKOLA SHARPENS FOCUS, REDUCES CASH SPEND

NIKOLA SHARPENS FOCUS, REDUCES CASH SPEND

| June 20, 2023

HYLA hydrogen energy business making strong progress with multiple partnerships, first-mover infrastructure advantage  Nikola Corporation (Nasdaq: NKLA), zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced a progress update on its business optimization efforts, which are expected to result in a marked decrease in cash spend and streamlining of operations. “Nikola has initiated a […]

Read More

Mercedes-Benz eActros LongHaul will celebrate world premiere as eActros 600 in October – production plants prepare series production

Mercedes-Benz eActros LongHaul will celebrate world premiere as eActros 600 in October – production plants prepare series production

| June 19, 2023

The “New eActros 600” is intended to be the most economical long-distance truck from Mercedes-Benz Trucks compared to the conventional diesel Actros The battery-electric Mercedes-Benz truck for long-distance haulage is on its way. Mercedes-Benz Trucks will be presenting the series version of the previous eActros LongHaul on October 10, 2023, with a new design and […]

Read More

Universal Transit Sets New Turnover Record with Over $12M and Focuses on Team Growth and Innovations

Universal Transit Sets New Turnover Record with Over $12M and Focuses on Team Growth and Innovations

| June 19, 2023

Innovative AI-driven auto transportation company leads industry-wide change Universal Transit, an AI-powered all-in-one auto transportation platform, ended 2022 with a turnover of more than $10M, a 400% increase from 2021. The company, which has been in the market since October 2020, works towards becoming the primary source to ship vehicles in North America while improving […]

Read More

Tevva develops a four times more efficient regen braking system with ZF

Tevva develops a four times more efficient regen braking system with ZF

| June 14, 2023

Tevva system recuperates up to 4x more energy than a traditional air brake system; optimising range of Tevva’s 7.5t electric truck British electric vehicle manufacturer Tevva has successfully completed development of the regenerative braking system on its 7.5t battery-electric truck. Part of this involved working with global Tier 1 supplier ZF to integrate its Electronic […]

Read More

Stellantis Strengthens Commercial Vehicle Business: Merchants Fleet to Purchase 12,500 All-new Ram ProMaster Electric Vans

Stellantis Strengthens Commercial Vehicle Business: Merchants Fleet to Purchase 12,500 All-new Ram ProMaster Electric Vans

| June 13, 2023

Ram ProMaster EV plays a key role in the Stellantis electrification transformation outlined in the company’s Dare Forward 2030 long-term strategic plan The Ram Truck brand has announced that Merchants Fleet will become a key commercial customer of the all-new Ram ProMaster electric van (EV) that debuts later this year. The agreement calls for the purchase of 12,500 Ram ProMaster […]

Read More