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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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Canada’s largest battery electric bus contract goes to New Flyer

New Flyer wins the largest battery electric bus contract in Canada sofar. The cities of Montréal and Laval, indeed, ordered 40 12 meters (40 foot) New Flyer buses with 466 kWh battery pack for their transit agency, STM and STL respectively. Before starting with the production and delivery of the bus...

Solaris Bus & Coach is officially part of CAF group

Solaris Bus & Coach is officially CAF’S property. The Spanish based company acquires 100% of the shares of Solaris Bus & Coach, that will be included to the Group CAF. This transaction, quoting a press release by both Solaris and CAF, will ensure the leadership of the CAF Group and Sol...

ASRTU for a sustainable India

ASRTU and the sustainable public transport ASRTU, the Indian Association of State Road Transport Undertakings, organised a conference focused on ‘sustainable public transport’, ‘electro mobility’, ‘the digitalisation of public transport’ and ‘access to public transport for people with disabilities’....
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