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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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Volvo shows its first autonomous bus concept. Ready for smart depot

Volvo Buses enters the autonomous era with its first driverless bus concept. Starting on June 15 and throughout the Volvo Ocean Race competition in Gothenburg (Sweden), the autonomous bus by Volvo will be shown to specially invited guests. The race has also been the occasion for Volvo Buses to unvei...

Electric Citaro, 15 units order by BVG Berlin

BVG Berlin is entering the electric bus era with an order for 15 fully electric Mercedes Citaro. This doesn’t mean the city is stopping its investments on diesel bueses, as proved by the recent record-breaking order for up to 950 city buses, also Citaro. The order is the result of the first te...

BYD and Goldstone, 5,000 ebuses per year in India by 2021

BYD and its Indian partner Goldstone are planning to reach a production rate of electric buses of no less than 5,000 units per year by March 2021. Indian zero emission bus market is expected to grow, and main manufacturers don’t want to lose any chance. K6 Goldstone – BYD minibus. Made i...

Byd considering to set up a battery factory in Europe

Byd is taking into consideration to build a battery cell factory in Europe. With a market ready to grow steadily for the next ten years, Asian batteries manufacturers are starting to plan an expansion in western countries. Byd told Reuters that they were “considering cell production outside of China...
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