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Hess acquires Kiepe’s trolleybus activities

Kiepe announces it has completed the carve-out of its trolleybus electrical systems business, transferring the activities to Swiss manufacturer Hess. Kiepe, headquartered in Düsseldorf, has finalized the separation of its trolleybus-related electrical systems operations as part of a broader corporat...

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Depot-first autonomy for European smartbuses

For more than a decade, autonomous buses have been “almost ready.” Demonstrations with safety drivers began around 2015, and ten years later, this is still largely what we see. The reason is not a lack of ambition – it is physics, safety, and economics. Autonomous buses on city streets a...

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Skoda Group, 2022 financial results: Ebitda +20%.

In 2022, the Skoda Group achieved solid results with increased revenues and EBITDA, despite the lingering effects of the Covid-19 pandemic, which hit the entire supply chain hard, as well as the effects of the Russian invasion of Ukraine. Although the Group faced significant challenges related to th...
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