Manufacturer ProfileDesignwerk Technologies AG (Financials)
Designwerk Technologies AG, a Swiss leader in electromobility for commercial vehicles, concludes the year 2023 with notable achievements and announces plans for expansion in Germany in 2024. Last year, customers collectively covered 5,778,509 kilometers on battery power with Designwerk’s electric trucks, amounting to a total performance of 10,650,126 kilometers since ...
People ProfilesTesla (Financials)
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 ...
People ProfilesSANY (Financials)
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. ...
Manufacturer ProfilePeterbilt (Financials)
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 ...
Company StrategyMack Trucks (Financials)
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 ...
Manufacturer ProfileKenworth (Financials)
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 ...
People ProfilesHyzon Motors (Financials)
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 ...
ArticleNikola Corporation Reports First Quarter 2024 Results
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions via the HYLA brand, today reported financial results and business updates for the quarter ended March 31, 2024. Hydrogen Fuel Cell Electric Trucks (FCEVs): - Nikola wholesaled 40 FCEVs in Q1 ...
People ProfilesDennis Eagle
Postion: President Name: Geoff Rigg Linkedin: https://www.linkedin.com/in/geoffrigg/?originalSubdomain=uk Personel Description: Geoff Rigg is an experienced business leader in the specialist vehicle sector for over 30 years with a long association with the Dennis marque. He is currently the President of Dennis Eagle Inc, leading the USA/Canadian enterprise ...
People ProfilesIsuzu
Position: Manging Director Name: Peter Murphy Linkedin: https://www.linkedin.com/in/peter-murphy-864a2239/ Personel Description: Peter Murphy, the esteemed Managing Director at Isuzu Truck (UK) Ltd, has made significant contributions to the trucking industry over his 30-year career. With his commitment, expertise, and consistent achievements, Murphy continues to steer ...
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