The global sector for bus and truck manufacturing has depicted a notable dynamism in recent years. Technological advancements, coupled with intense competition, have been instrumental in shaping this industry. Concerning demand, emerging markets such as China, India, and other Asian countries are witnessing exponential growth, fueled by enhanced infrastructure development...
Discover more insightsOver the past decades, the long-distance trucking sector has observed a moderate growth trajectory bolstered by increasing global trade and advancements in logistics technology. The industry's dynamism is partially driven by the expanding e-commerce sector and the necessity for cross-border transports. However, it's also grappling with challenges such as stricter...
Discover more insightsThe truck manufacturing sector has escalated its grasp of globalization, seeking new markets and adopting digitalization to optimize operations. As this segment is highly volatile to external shocks including regulatory changes, economic fluctuations and fuel price volatility, leading actors employ strategic partnerships, product differentiation and innovation in technology as key...
Discover more insightsCommercial vehicles have been driving change in the Truck Industry, with a steady contribution to global transportation systems. Their utility in a myriad of industrial sectors, as well as the emergence of EV technology in commercial vehicles, has led to a non-linear, proliferative growth. Investment in research and development for...
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