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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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TSA unveils a new electric drive developed for e-buses

TSA is presenting a new generation of electric motors addressed at the electric bus market. Already today the Austrian supplier is among the partner of Solaris with regards to the trolleybus range. TSA central motor is also available on the battery-electric Urbino bus range. Now it’s time to u...

21 ABB pantograph chargers for the Volvo e-bus fleet in Gothenburg

ABB has been given the task to provide the charging infrastructures for Gothenburg electric bus fleet managed by Transdev. Starting in December 2020, 157 new Volvo 7900 Electric will start trafficking the streets of Gothenburg, Mölndal and Partille (the largest single electric bus order in Europe be...
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