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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

Poland, Sosnowiec e-bus infrastructure awarded to Ekoenergetyka

The Sosnowiec City Transport Company is buying more electric buses from Solaris Bus & Coach, along with charging stations, which will be produced and delivered by Ekoenergetyka-Polska, the Polish supplier announces. The operator Przedsiębiorstwo Komunikacji Miejskiej (PKM) signed in August a con...

Karsan opens a spare parts warehouse in Nuremberg (Germany)

Karsan is ready to open a spare parts warehouse in Nuremberg, Germany, in order to be able to send components to any point in Europe within 2 days. Combining the forces with Barsan Global Logistics for on-site spare parts service, Karsan says it plans to multiply its operational power by taking adva...
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