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Forsee Power achieved EBITDA break-even in 2024, amid turnover drop

Forsee Power announces achievement of the 2024 target of EBITDA break-even, highlighted also during our visit at the company’s plant in Poitiers, France in July 2024 (the plan is for a projected 15% positive EBITDA by 2028). Overall, Forsee Power’s batteries now equip over 4,200 buses and more than ...

New Flyer will source axles from MAN for another five years

New Flyer will be relying on MAN-made bus axles for another five years (until the end of 2029). The order “includes several thousand axles and spare parts worth over 200 million US dollars“, MAN states. The contract includes VOK-08 front axles and the HY-1350 rear axle series. The axles ...

Gotion to build battery plants in Slovakia and Morocco

Chinese battery manufacturer (and Ebusco’s shareholder) Gotion has released plans to build two battery factories in Slovakia and Morocco. The group is backed by Volkswagen. Investment? $2.6 billion, 1.2 will be headed to the Slovakian plant, where annual capacity should be up to 20 GWh, accord...

Components

New look for BorgWarner, in the name of e-mobility

A new look, a new logo for BorgWarner “future-focused and dynamic,” according to the definition provided by the U.S. group itself. The logo has changed for the first time in more than 30 years. BorgWarner: the new logo represents the Charging Forward strategy Taking a small step back in ...

Flex Plus, the new flexible battery system from Forsee Power

News from Forsee Power, which chose the UITP Summit in Barcelona to market and unveil its new flexible and environmentally friendly battery system for heavy-duty vehicles to industry players. Its name? Flex Plus. This new battery pack complements the Plus format product family, which already include...
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