kinetic

Australian public transport operator Kinetic has entered into an agreement with U.S.-based investment firm TPG, under which the latter will acquire a 70 percent equity interest and become the company’s majority shareholder. The transaction, expected to close in the coming months subject to regulator...

Kinetic is going to roll out 10 electric buses for south-east Queensland bus users (Australia). They’ll be operated with Translink (and built by local bus builder Volgren): the new buses are expected to begin services on the Gold Coast in September. Kinetic operating electric buses The additio...