Reported on June 9, 2025, SET-listed Nex Point, a Thai commercial EV assembler under Energy Absolute Plc (EA), expects to return to profitability in 2025, driven by recent fundraising and the planned delivery of approximately 500 electric commercial vehicles.
In 2024, the company posted a net loss of THB 2,765.60 mil

On June 4, the UK government announced the first major investments from its Spending Review, with GBP 15.6 billion going to local transport projects across England’s city regions, including South Yorkshire, the North East, East Midlands, and Tees Valley. This funding, which more than doubles current capital spending

On June 9, Kamaz announced two special heavy-duty trucks: the all-wheel-drive KAMAZ-65958 and KAMAZ-65959. These trucks have already attracted interest from buyers from Turkey, Iran, the UAE, Saudi Arabia, and other countries.
KAMAZ-65959 has a 6x6 wheel arrangement, a gross weight of 35 tons, and is equipped with an

Plus Automation Inc., a company specializing in the development and commercialization of AI-based virtual driver software for autonomous trucks, announced that it has entered into a definitive business combination agreement with Churchill Capital Corp IX, a special purpose acquisition company (SPAC).
Plus has develop

A group of four companies announced that their strategic collaboration has resulted in the first commercial deployment of an interoperable vehicle-to-grid (V2G) charging solution under the ISO 15118-20 international standard. The four companies are Hubject, a developer of Plug&Charge technology to improve EV charging

On June 5, the European Automobile Manufacturers’ Association (ACEA) expressed serious concern over the lack of progress in revising the EU's Weights & Dimensions Directive.
The revision is key to helping zero-emission trucks and buses enter the market in large numbers. Updating rules on vehicle weight, axle weight,

On June 2, Shell announced the construction of the most powerful test center for charging infrastructure in Germany. Initial tests are scheduled to begin as early as the end of 2025. The test center enables intensive testing of car and truck charging infrastructure by the MCS standard and under variable climatic cond

On June 6, Tata Motors announced the launch of factory-fitted air conditioning systems across its entire truck range. This significant upgrade spans the SFC, LPT, Ultra, Signa, and Prima cabins, while also extending to cowl models for the first time. Tata Motors also introduces a series of value additions, including

ZF Friedrichshafen AG (ZF)’s Commercial Vehicle Solutions (CVS) division has delivered the fifth generation of its Electronically Controlled Air Suspension (ECAS) technology, OptiRide ECAS, to Hyundai Motor Company (HMC).
Series production for HMC follows earlier rollout to one of the leading European CV manufacturer

Announced on June 4, 2025, China-based REPT BATTERO Energy and Indonesia’s Bakrie & Brothers Group signed a strategic cooperation memorandum on May 29 to supply power batteries for more than 3,000 electric buses and trucks by the end of 2025.
Under the partnership, PT REPT BATTERO INDONESIA will manufacture battery s

Announced on June 5, 2025, PT VKTR Sakti Industries (VKTS), a subsidiary of PT VKTR Teknologi Mobilitas Tbk, held a soft launch for Indonesia’s first CKD electric commercial vehicle assembly facility on May 29. The event introduced VKTR’s industrial capabilities to key stakeholders, including government officials and

On June 5, Bollinger Motors announced it has emerged from receivership as parent company Mullen Automotive settled claims in a lawsuit filed by Bollinger Motors' founder, Robert Bollinger. In connection with the settlement, Mullen Automotive increased its ownership stake in the company from 74% to 95% with payment of

On June 3, Oshkosh Corp., a leading innovator of purpose-built vehicles and equipment, announced the renaming of its Defense segment to the Transport segment. The Transport segment will continue to deliver tactical wheeled vehicles and mobility solutions to defense customers. 
Additionally, Oshkosh Transport will foc

On June 6, Stellantis announced that Ram is reintroducing the 5.7-liter HEMI V-8 engine in the 2026 Ram 1500, responding to strong customer demand. Orders for HEMI-powered trucks in Europe will begin in July 2025, with deliveries starting next winter.
The 2025 Ram 1500 switched to six-cylinder engines, but high inter

On June 5, the Prime Minister of India, Shri Narendra Modi, flagged Off 200 electric DEVi buses by PMI Electro in Delhi. The buses will cover 30 green routes, promoting zero-emission public transport. With this flag-off, PMI Electro Mobility now operates over 2,500 electric buses across 31 cities across the country.

On June 5, Setco Automotive Limited launched its latest product the Automotive Water Pump. This marks a strategic expansion of Setco’s product portfolio into the critical engine cooling segment. It is designed to serve the diverse needs of light commercial vehicles (LCVs) and MHCVs. Its key features include superior

Reported on May 30, 2025, KITA Group officially signed a cooperation agreement with Chery Commercial Vehicle, a subsidiary of China’s Chery Auto Group, to invest in a manufacturing facility in Vietnam.
The factory will produce, assemble, and distribute electric commercial vehicles, with an annual capacity of 20,000 u

On June 3, Ashok Leyland bagged an order for supplying 543 BS-VI diesel chassis and fully built buses to Tamil Nadu State Transport Corporation. The order value is INR 1.83 billion. The order has been awarded through a normal tender process. Ashok Leyland will supply buses between June 2025 and December 2025. 
Based

On June 3, Ashok Leyland announced that its subsidiary Optare Plc. UK has entered into a Share Purchase Agreement with Dana Ltd., for the purchase of their 1.01% stake in Switch Mobility Limited, UK (SML UK). Post this acquisition, Optare Plc’s shareholding in SML UK would increase from 98.56% to 99.57%, and conseque