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China’s Electric Truck Moment Has Arrived

Guy Youngs Commercial trucks operate for longer hours, carry heavier loads and burn far more fuel per vehicle than passenger cars but freight diesel is even more important when looking at global diesel demand.
China’s heavy-truck electrification program is targeting 40% new-energy heavy-truck sales by 2030, more than 1.6 million vehicles in operation and roughly 20% of the national heavy-truck fleet. The plan also targets 18% of highway freight volume, which is the more revealing number. China is not merely trying to put electric drivetrains into one-fifth of its trucks. It is concentrating them in commercially active fleets and high-volume freight operations
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$5M Startup Claims Rare Earth-free Electric Motor
Many of the big car manufacturers have tried to make an electric motor that runs without any Rare Earth Elements (REE). REE are critical to so much of our modern world and so much of the electric revolution, and China dominates this market.
So, when a small Indian start up, (called Vimag Labs and based out of Bengaluru in the southern Indian state of Karnataka), secures its fifth Indian patent for an electric motor that runs without any rare-earth magnets, people start to listen.
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2030: More than a Million Worn Out Batteries
Global EV sales have grown massively in recent years, and this has been boosted further by the war on Iran, which continues to send oil and gas prices soaring. By 2030 over 1 million EV batteries are expected to reach the end of their life. And since this is expected to reach 14 million batteries by 2040, it is one of the world’s fastest-growing waste streams.
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CATL Building Battery Swapping Hubs for EV Trucks
A new joint venture between Octopus Energy and CATL, has been created to develop automated battery-swapping hubs for heavy trucks across Europe. Octopus is a UK-founded energy and technology group while CATL is the world’s largest electric-vehicle battery manufacturer.
The joint venture says its first UK hubs will open in 2027, with more than 30 planned across Europe by 2035
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Daimler Truck Group Plans Two Truck Plants

Chris Fisher By the end of the decade, Daimler will establish a truck plant in the Czech Republic for the Mercedes brand and another large plant in the United States primarily for the Freightliner and Western Star brands.
In Europe, Mercedes-Benz Trucks is continuing to systematically strengthen the future viability of its European production network. The plant in Wörth am Rhein, Germany, (state of Rhineland-Palatinate) is—and will remain—the lead and largest volume plant within the network. The company plans to expand the existing network in the future by adding a vehicle assembly and manufacturing site in Cheb (Karlovarský/Karlsbad region), Czech Republic.
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Iveco Group Reports Q2 2026 Order Surge

Emiliano Marzoli Iveco Group has reported a 7.3% increase in consolidated revenues for Q2 2026, reaching USD $4.35 billion (€3.76 billion), fueled primarily by higher delivery volumes across Western Europe. Order intake in Europe showed remarkable acceleration: medium- and heavy-duty truck orders jumped +47% year-over-year, while light commercial vehicle (LCV) orders rose 21%.
In the passenger transit sector, IVECO BUS consolidated its position as the #1 European electric bus manufacturer, capturing over 25% market share as bus deliveries grew by 8% with its Annonay plant operating at full capacity. Industrial Activities generated an adjusted EBIT of USD $120.22 million (€104 million), absorbing temporary quality and rework investments from early-season bus production while positioning the Group for a stronger second half of 2026 following the early-July debut of its Model Year 2026 truck range.
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Wacker Neuson Earnings Climb; Outlook Raised
Munich-based compact equipment specialist Wacker Neuson SE has revised its full-year 2026 financial guidance. The Executive Board raised its full-year revenue projection to between USD $2.66 billion (€2.30 billion) and USD $2.77 billion (€2.40 billion) (up from USD $2.54 billion – $2.77 billion (€2.20B–€2.40B)), with expected EBIT margins rising to 7.0%–8.0%.
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Volvo Buses Introduces Flex Chassis for Biodiesels

Fabio Ferraresi Volvo Buses has introduced the B320R 6×2 B100 Flex chassis in Brazil, designed to operate with pure B100 biodiesel and aimed at urban and metropolitan applications. The model expands the company’s low carbon offering with a solution that can use existing liquid fuel infrastructure and domestic biodiesel supply, reducing dependence on fossil diesel. Volvo indicates that the B100 can significantly reduce lifecycle CO2 emissions and sees potential adoption in Brazilian fleets and other Latin American markets with established biodiesel production.
Source: AutoData Read The Article
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BYD Adds High Floor Blade Battery Chassis
BYD has introduced the BC12HF, its first high floor electric bus chassis equipped with Blade batteries, produced in Campinas with a range of up to 270 km. The new configuration targets urban and charter applications and allows BYD to participate in projects requiring high floor architecture, complementing its existing electric bus chassis portfolio. The platform uses an integrated electric architecture and electronically controlled air suspension, while the company highlights lower operating and maintenance costs and higher vehicle availability.
Source: AutoData Read The Article
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Scania Targets Bus Market Growth with Super Platform
Scania expects the introduction of its Super platform for coach chassis to increase bus sales by at least 10%, with the impact becoming more significant in 2027. Following a BRL 120 million investment, the platform offers at least 8 percent lower fuel consumption compared with the previous generation, while increasing vehicle acquisition cost by approximately 7 percent. Scania expects fuel savings to offset the additional investment during the vehicle lifecycle and plans to expand bus sales in Latin America over the next five years.
Source: AutoData Read The Article
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