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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

Leclanché launches a modular battery system for commercial vehicles

Leclanché has developed a modular battery system optimized for powering new and retrofit hybrid and fully electric commercial vehicles. The system is called INT-39 Energy and is said to be powered with high density and high life cycle 60 Ah G/NMC lithium-ion cells and features the company’s propriet...

Twaice joins European Battery Alliance

Battery analytics software company Twaice is now a member of the EBA250, the industrial development programme of the European Battery Alliance. The goal of the European Battery Alliance is to ensure that all Europeans benefit from safer traffic, cleaner vehicles and more sustainable technological so...
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