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The bus industry’s smartphone moment

On 18 March 1895, at 6:25 in the morning, the world’s first motor bus line opened between Siegen, Netphen and Deuz. The vehicle was a Benz Landauer. It had eight seats, a one-cylinder engine of five horsepower, and fifteen kilometres of bad road ahead of it. On the steepest hill, the passengers had ...

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REV Bus&Truck acquires GreenMot’s retrofit operations

The commercial vehicles retrofit subsidiary of the REV Mobilities group, named REV Bus&Truck, announces that it has acquired the retrofit operations of GreenMot following the latter’s receivership. The acquisition was formalised at the Villefranche-sur-Saône Commercial Court. In 2021 Green...

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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