#nelko-pm220

#nelko-pm220

The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.

Nio's stock rose 6% in Friday's session, climbing from a prior close of $6.07 to $6.45, as investors cheered a pair of milestones that bulls have been waiting years to see.

"We have seen a significant change in the dynamic. So definitely, when the American consumer sees an increase in fuel prices they try to move to solutions which are more friendly in terms of cost, especially in states like California."

The event features approximately 40 vehicles alongside a conference program addressing topics such as autonomous driving, on-demand transport and operational concepts, including a Sustainable Bus session on intercity bus electrification.

Aurora Utilities has announced the energisation of a further set of Stagecoach bus depots as part of the operator's ongoing fleet electrification programme, extending the partnership across multiple regions and adding new capacity for zero-emission operations.

The Volvo FH Aero Electric with Extended Range is powered by a newly designed electric rear axle that integrates two electric motors, all the necessary power electronics, a six-speed transmission, and a 13-tonne traditional axle.