Bus manufacturer Ebusco from Deurne failed to deliver 23 electric buses on time to a transport company in Potsdam, Germany. Consequently, the German company has terminated the contract. This caused Ebusco to plummet on the Amsterdam stock exchange on Monday: the share price dropped by more than 15 percent. The struggling manufacturer had already postponed the delivery schedule for the buses several times. Incidentally, this is not the first time…
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Bus manufacturer Ebusco from Deurne failed to deliver 23 electric buses on time to a transport company in Potsdam, Germany. Consequently, the German company has terminated the contract. This caused Ebusco to plummet on the Amsterdam stock exchange on Monday: the share price dropped by more than 15 percent. The struggling manufacturer had already postponed the delivery schedule for the buses several times. Incidentally, this is not the first time…
There it stood, proudly displayed in a Chinese factory: an 18-meter-long Ebusco 3.0 bus, produced for a French customer. Ebusco is partnering with old acquaintance Golden Dragon. What does this say about the future of the struggling company?