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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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Spotlight on the Corner e-Drive, the new electric axle from BRIST

Axles, suspensions and transmissions are their business. And at Busworld Europe in Brussels they brought a “game changer” innovation to increase the efficiency, balance and structure of electric vehicles. We’re talking about BRIST, which chose the stage of the world’s most important t...

Heliox has signed a service agreement with Engie

Charging electric system supplier Heliox has signed a service framework agreement with Engie. The French electric utility company will provide installation, operation and maintenance services for Heliox’s electric bus charging infrastructures. The partnership covers 9 European countries: the Czech R...
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