IVECO BUS wins a major tender in Germany for up to 580 buses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Source: Yahoo Finance
IVECO BUS Agreement: IVECO BUS has signed a 5-year framework agreement with the BusGruppe purchasing group for the supply of up to 580 city buses, including 250 fully electric vehicles, valued at approximately 235 million euros.
Market Impact: This contract marks the largest electric bus tender won by IVECO BUS in Germany, highlighting their commitment to sustainable transport solutions and the modernization of public transportation fleets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
