Daimler Truck and Volvo Group are launching a joint venture to develop, produce and commercialise hydrogen fuel cell systems for HGVs and buses. The first two trucks are planned to be on the road by 2024/25, ahead of mass production by the mid-2030s. The deal will see Daimler consolidate its entire hydrogen fuel cell division in the joint venture whilst Volvo Group will acquire 50% of the JV for around €600m (£530m). The partnership is subject to regulatory approval by […]
ULEMCo has secured an order with Scottish company James A Cuthbertson to make Glasgow City Council’s existing fleet and some new gritters hydrogen enabled.
Watch what happened at the Microlise Transport Conference last month, when Motortransport.co.uk chaired a debate between seven of the eight major truck manufacturers, who were looking ahead to what the market holds for all in road transport in 2020.
Cambridgeshire transport and storage provider Knowles Transport managed to generate an 11.4% pre-tax profit margin in the year to the end of December 2013 despite a sharp drop in turnover, figures logged recently at Companies House have shown.