IVECO BUS, the urban, intercity, and tourist bus division of Iveco Group (EXM: IVG), has signed a five-year framework agreement with the BusGruppe purchasing consortium for the supply of up to 580 buses. The consortium includes Verkehrsbetriebe Bachstein, CeBus, KVG Stade, Omnibusbetrieb von Ahrenschildt, Pülm Reisen, and Reisebüro Schmidt. The agreement, valued at up to €235 million, represents the largest electric bus contract ever won by IVECO BUS in Germany.
Under the agreement, IVECO BUS will deliver 200 CROSSWAY Low Entry ELEC buses and 50 articulated E-WAY buses, all fully electric models designed to support the group’s energy transition. An additional 330 vehicles will include URBANWAY Hybrid articulated city buses and CROSSWAY Low Entry intercity buses powered by FPT Industrial Cursor 9-litre engines compatible with renewable fuels.
The vehicles will feature tailored options to meet the consortium’s specific requirements, such as cantilever seating, air conditioning, video surveillance, Wi-Fi, fuel-saving technologies, and USB charging ports. Deliveries will commence in 2025 and continue until 2030.
Domenico Nucera, President of the Bus Business Unit at Iveco Group, stated: “Our comprehensive product and service offering has enabled us to achieve unprecedented success. This contract makes 2024 a record year for IVECO BUS, showcasing our ability to meet diverse customer needs with efficient and customizable solutions. We are honored by the trust placed in us by the BusGruppe and are committed to supporting their sustainable transportation goals.”
Jan Behrendt, Managing Director of Verkehrsbetriebe Bachstein, which oversaw the tender, commented: “Awarding the contract to IVECO BUS marks an important step forward. The modernization of our fleet and our transition to electromobility position us well to thrive in an increasingly competitive mobility market.”
Iveco Group N.V. (EXM: IVG) is a global leader in commercial and industrial transportation solutions. Its portfolio includes IVECO for light, medium, and heavy-duty vehicles; FPT Industrial for advanced powertrain technologies; IVECO BUS and HEULIEZ for mass-transit solutions; IDV for defense and civil protection equipment; ASTRA for heavy-duty construction vehicles; MAGIRUS for firefighting vehicles and equipment; and IVECO CAPITAL for financial services. The group employs over 36,000 people worldwide, operates 20 industrial sites, and manages 29 R&D centers.
