CV giants team up for electric coach charging network

Daimler Truck, the TRATON GROUP and Volvo Group have signed a binding agreement to create a joint venture (JV) to install and operate a high-performance public charging network for battery electric coaches across Europe. The network will also be for use by heavy-duty long-haul trucks. The JV creation is subject to regulatory approvals. The planned […]

Switch Mobility announces new Spanish manufacturing site

Switch Mobility is establishing a new manufacturing and technology centre in Castilla y León, Spain. Already with sites in Sherburn-in-Elmet in Yorkshire and India, the new facility is intended to extend Switch’s footprint as part of the company’s global plans. Recently founded Switch Mobility, owned by Ashok Leyland, is the company Optare became a part […]

Stagecoach makes inter-city coach sale

Stagecoach has entered into agreements to sell the marketing, retail and customer service activities of three of its inter-city coach businesses to ComfortDelGro (CDG). The deal applies to Stagecoach’s 35% interest in Scottish Citylink Coaches Ltd, a joint venture between Stagecoach and CDG, which markets and retails inter-city coach services in Scotland and between Scotland […]

National Express/Stagecoach merger agreed

National Express and Stagecoach have agreed on the terms of a recommended all-share combination of the two businesses. It sees National Express buy Stagecoach at around £470m. The boards of the two transport giants agree the combination is a ‘highly compelling strategic proposition’ with significant growth and cost synergies. They believe that the Combination will result […]

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