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Lion Electric eyes rescue with new investor-backed takeover plan

Lion Electric may avoid liquidation after a takeover offer was submitted by a group of investors led by Montreal businessman Vincent Chiara, coming from the real estate business. Lion Electric filed for creditor protection on December 18, 2024, with debts exceeding $411 million. A previous deal coll...

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Ultrafabrics textiles aim at transforming bus and coach interiors

For over 25 years, Ultrafabrics has redefined performance textiles, blending luxury, durability, and sustainability to create an innovative alternative to PVC and vinyl. Trusted by top brands like Jaguar Land Rover, McLaren, MAN, and even taking off into space with Virgin Galactic, Ultrafabrics is i...

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Daimler Buses’ 2023 saw sales increasing 9%

A 2023 with a plus for Daimler Truck: the group has raised its sales to 526,053 units, against 520,291 in 2022. A percentage increase of 1.21%. The Daimler Buses branch reported strong sales performance with 26,168 units (+9% over 2022). Another positive figure to highlight is that of battery electr...

Van Hool secured a 112-units e-bus order from Qbuzz (NL)

Van Hool has secured a large order for 112 battery buses from Dutch public transport operator Qbuzz, (owned by Italian FS). This follows a previous order of 54 battery buses from Van Hool by Qbuzz landed in March 2023. The models involved in the order are Van Hool A13LE E (56 units; 45 + 3 […...
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