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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 group BusGruppe, the consortium formed by Verkehrsbetriebe Bachstein, CeBus, KVG Stade, Omnibusbetrieb von Ahrenschildt , Pülm Reisen and Reisebüro Schmidt have signed a five-year framework agreement to the supply of up to 580 urban buses, of which 250 will be completely electric. The total amount of the agreement is estimated at up to 235 million euros.
IVECO BUS will supply 200 CROSSWAY Low Entry ELEC buses and 50 articulated E-WAY buses, all fully electric vehicles designed to support the customer’s energy transition. This is the largest electric bus tender ever won by IVECO BUS in the German market. In addition, the agreement calls for other 330 vehicles and will include both URBANWAY Hybrid articulated city buses and CROSSWAY Low Entry intercity buses powered by FPT Industrial Cursor 9-litre engines compatible with select renewable fuels.
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IVECO BUS will equip the cars with features tailored to meet the express demands of the BusGruppe purchasing group, adding cantilever seats, air conditioning, video surveillance, Wi-Fi, fuel saving functions and USB charging ports. Bus deliveries will begin in 2025 and continue until 2030.
Domenico Nucera, President of the Iveco Group’s Bus Business Unit, commented: “Our winning product and facility 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 placed its trust in IVECO BUS and look forward to supporting this valued visitor with our sustainable and efficient passenger transport solutions.
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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