News
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Can Europe Learn From South Korea’s Hydrogen Failure?
Under its Alternative Fuels Infrastructure Regulation, the EU is mandating that hydrogen refueling stations are available along major motorway corridors at intervals of no more than 200 kilometers apart, and all by 2030. There is also additional coverage at designated urban nodes. This will require, according to the assessment, a capital expenditure of USD $2.34…
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Electric Trucks Hit 50% of China’s Heavy Truck Sales
Electric trucks made up 50.3% of all heavy trucks sold in China in September this year. That’s up from 37% last year and means a volume of 33,100 electric trucks sold in a single month. The state has a target of 40% of all trucks sold being electric.
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Huge AI Company Is Bankrupt. What Happens Next?
Character.AI is a controversial service that lets people chat with artificial intelligence systems. Specifically, it lets them chat with such as AI generated celebrity personas, fictional characters and even systems labelled as therapists.
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Deepway Electric Semi Put to Work in Australia
Deepway is a Chinese company specializing in electric heavy-duty trucks and intelligent road-freight solutions. Its goal is to move road freight toward zero-carbon, efficient and safe logistics. In 2020 Deepway launched the “Deepway Star.” The Deepway Star is designed as electric from the ground up and is marketed as being suitable for bulk haulage. It…
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More on Tata and Iveco Joining Forces
As we reported last month in PowerTALK, India’s Tata Motors and Iveco Group have formed one company. Here’s more on this important story.
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AG Machinery: Business Climate Hits 20-Month Low
In its official October 2026 survey published late in the month, CEMA reported the European agricultural machinery General Business Climate Index dropped 10 points to -31 (on a scale from -100 to +100), hitting its lowest level in 20 months.
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Construction: ERA’s Market Report & UK Trade Dispute
The European Equipment Rental Association (ERA) released its 2026 Market Report in mid-October, forecasting modest growth of 1.8% CAGR for European equipment rentals between 2025 and 2027.
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Toyota Plans Export-Oriented Pickup Plant in Argentina
Argentina has approved Toyota’s project under its large-investment incentive program, RIGI. The plan calls for a third plant at Toyota’s Zárate complex, with US$1.25 billion in eligible investment. The first model would be a full-hybrid pickup, with a possible SUV derivative later. The government estimates that around 70% of production would be exported.
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Eletra Scales Up Brazil EV Bus Chassis Production
Brazilian electric bus manufacturer Eletra has reported an order book of 713 buses. In early November, 232 chassis were in production at its São Bernardo do Campo plant for delivery by year-end, including 122 articulated units. Under its new production process, Eletra installs the electric drivetrain and controls on frames sourced from suppliers before sending…
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