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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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“Next-level battery technology is just around the corner”: BorgWarner’s strategies for commercial vehicles, explained by R&D lead Martin Busche

At Mobility Move live in Berlin on 5-7 March 2024, BorgWarner showcases its battery portfolio tailored for electric buses. The company’s three-pillar approach emphasizes innovation, sustainability, and strategic partnerships. BorgWarner has recently announced that it entered a deal with BYD’s ...

Lion E-Mobility will provide battery packs to Karsan

Lion E-Mobility has achieved a 12 million euros battery pack order from Karsan. It has not been specified on which models Lion battery will be mounted. So far Karsan has been sourcing battery modules from Chinese giant CATL for the e-bus range e-ATA launched in 2021 (and BMW from the shortest in th...
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