• Tesla (Financials)
    People Profiles

    Tesla (Financials)

    2024-05-30T09:17:00ZBy Tesla

    Source: Shutterstock GAAP operating income: $1.2 billion GAAP net income: $1.1 billion Non-GAAP net income: $1.5 billion Tesla faced challenges including the Red Sea conflict and an arson attack at Gigafactory Berlin. Despite these, COGS per unit declined due to lower raw material costs. Market ...

  • SANY (Financials)
    People Profiles

    SANY (Financials)

    2024-05-23T11:34:00ZBy SANY

    SANY Heavy Industry (SSE: 600031) has reported its 2023 financial results, showcasing robust international growth amid market challenges. Total revenues for the year stood at RMB 74.02 billion (US$10.43 billion), a decrease of 8.44% year-on-year, though this represents a significant narrowing of the previous year’s decline by 15.92 percentage points. ...

  • Peterbilt (Financials)
    Manufacturer Profile

    Peterbilt (Financials)

    2024-05-17T13:11:00ZBy Peterbilt

    PACCAR Inc, the parent company of Peterbilt, reported robust financial results for the first quarter of 2024. Preston Feight, Chief Executive Officer, stated, “PACCAR’s strong performance is a testament to the ongoing demand for our high-quality Kenworth trucks, as well as our aftermarket parts and financial services. I commend our ...

  • Mack Trucks (Financials)
    Company Strategy

    Mack Trucks (Financials)

    2024-05-16T15:43:00ZBy Mack Trucks

    Mack Trucks, a subsidiary of Volvo Group, released its financial results for the first quarter of 2024, showcasing a steady performance amidst market challenges. Net Sales and Operating Margin: - Mack Trucks reported net sales in its truck business that were consistent with the previous year, amounting ...

  • Kenworth (Financials)
    Manufacturer Profile

    Kenworth (Financials)

    2024-05-10T14:30:00ZBy Kenworth

    PACCAR Inc, the parent company of Kenworth, reported robust financial results for the first quarter of 2024. Preston Feight, Chief Executive Officer, stated, “PACCAR’s strong performance is a testament to the ongoing demand for our high-quality Kenworth trucks, as well as our aftermarket parts and financial services. I commend our ...

  • Hyzon Motors (Financials)
    People Profiles

    Hyzon Motors (Financials)

    2024-05-10T14:09:00ZBy Hyzon Motors

    Hyzon announced its first quarter 2024 financial and operating results on May 13, 2024. Hyzon Source: Hyzon Key Highlights Revenue: Hyzon reported $10.0 million in revenue for Q1 2024, marking a significant increase from no revenue in the same period last year. This growth reflects ...

  • Einride launches first smartcharger station in Sweden
    Article

    Einride launches first smartcharger station in Sweden

    2023-11-16T06:24:00ZBy Einride

    Einride has inaugurated its Smartcharger Station in Rosersberg, Sweden, in collaboration with infrastructure developer Polar Structure. The station marks a crucial step in Einride’s mission to deploy sustainable charging infrastructure for heavy-duty freight on a global scale, focusing on enhancing the driver experience and utilising locally sourced materials for a ...

  • Volvo Trucks upgrades medium duty BEV line-up, now with 450km range
  • Scania and sennder joint venture aims to accelerate electric truck adoption
    Article

    Scania and sennder joint venture aims to accelerate electric truck adoption

    2023-11-13T19:01:00ZBy Scania

    Scania and sennder have joined forces to establish JUNA, a pioneering joint venture that aims to drive the widespread adoption of electric trucks in European road logistics. This innovative partnership introduces a pay-per-use model, eliminating upfront costs and providing guaranteed loads for transport companies.

  • Oilinvest and Quantron join forces to develop European network for hydrogen refuelling
    Article

    Oilinvest and Quantron join forces to develop European network for hydrogen refuelling

    2023-11-13T18:55:00ZBy Quantron AG

    Oilinvest and Quantron AG have united forces to establish HEMTRON, a joint venture aimed at accelerating the adoption of hydrogen-based infrastructure.