IVECO BUS wins the first tender in Germany for up to 580 buses

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Turin, December 18, 2024. IVECO BUS, logo for city, intercity and tourist buses of the Iveco Group (EXM: IVG), and the purchasing entity BusGruppe, the consortium formed by Verkehrsbetriebe Bachstein, CeBus, KVG Stade, Omnibusbetrieb von Ahrenschildt , Pülm Reisen and Reisebüro Schmidt, signed a framework agreement 5 years to supply up to 580 city buses, of which 250 will be fully electric. The total amount of the agreement is estimated at 235 million euros.

IVECO BUS will acquire two hundred CROSSWAY Low Entry ELEC buses and 50 E-WAY articulated buses, all fully electric cars designed for the customer’s energy transition. This is the largest tender for electric buses ever won through IVECO BUS in the German market. , the agreement supplies a further 330 cars and will include URBANWAY hybrid articulated city buses and CROSSWAY Low Entry intercity buses powered by FPT Industrial Cursor 9-litre engines compatible with certain renewable energies. fuels.

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IVECO BUS will equip the cars with traditional features to meet the express requests of the BusGruppe purchasing group, adding cantilevered seats, air conditioning, video surveillance, Wi-Fi, fuel-saving features and USB charging ports. Deliveries of the buses will begin in 2025 and continue until 2030.

Domenico Nucera, President of the Iveco Group’s Bus Business Unit, commented: “Our winning product and service proposition has enabled us to expand our market presence with unprecedented success. This new tender makes 2024 an absolute record year for IVECO BUS, demonstrating our ability to fully meet the diverse needs of our consumers and provide the most effective and customizable answers for their exclusive missions. We are proud that BusGruppe has put its acceptance as faithful into IVECO BUS and we look forward to supporting this. valuable visitor with our high-performing, sustainable passenger shipping responses. “

Jan Behrendt, Managing Director of Verkehrsbetriebe Bachstein, the company which was responsible for the tender, said: “By awarding the contract to IVECO BUS, the BusGruppe and the other partners involved in the tender see themselves on a good path into the future. The continuous modernization of the fleet and now also the entry into electromobility put us in a position to continue to develop in a mobility market characterized by increasing competition.”

Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media contacts: Francesco Polsinelli, tel. : +39 335 1776091 Fabio Lepore, tel. : +39 335 7469007 Email: mediarelations@ivecogroup. com

Investor Relations: Federico Donati, Tel. : 39 011 0073539 Email: Investor. relations@ivecogroup. com

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