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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...

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ZF celebrates two million electric motors produced so far

ZF has reached the milestone of two million electric motors produced. “Our production anniversary is backed by long-term entrepreneurial decisions and innovative engineering spirit,” said Stephan von Schuckmann, member of the ZF Board of Management and responsible for Electrified Powertrain Technolo...

Forsee Power increases sales by 60 percent to 75.9 million euros

Thanks to a strong acceleration in sales in the third quarter of 2022 (+152 percent compared to the same period in 2021 ) and revenues from heavy vehicles more than quadrupled compared to the third quarter of 2021, Forsee Power as of September 30, 2022, brought revenues to close to 76 million euros ...

How to get the most out of e-bus batteries?

The battery is the last relevant remaining wearing part of an electric vehicle – and by far the most expensive. How to charge it properly? How to reduce TCO as much as possible? Safety concerns? Three experts discuss tips, tricks and outlooks concerning the heart of EVs
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