The city of São Paulo has signed a BRA2.5 billion (USD 430 million) loan agreement with the National Bank for Economic and Social Development, marking a significant step in the city's plan to electrify its public transportation network.

Already in production since late 2023 for delivery to São Paulo, the eO500U is designed, developed and built at the company’s facilities in ABC Paulista, São Caetano do Sul.

Three model variants of the Ciao eMillenium have been supplied.

Signirficantly all these vehicles are fully accessible with automatic wheelchair lift and are equipped with modern passenger conveniences such as USB charger and Wi-Fi.

The Barra Bonita facility was established 8 years ago in 2015 for the production of mainly Caio bus bodies.

The Busscar brand of coach bodies resumed production in 2019 under the name Carbuss - Indústria Cartarinense de Carrocerias Ltda - a subsidiary of bus body builder Caio Induscar of Botucatu, in the state of São Paulo.

Caio's exports to Africa have been rising year on year.

The new Eletra e-bus is a collaboration between Mercedes-Benz and Caio.

With 1,682 electric buses on order, SP Trans says more orders are expected as some transport operating companies have not yet submitted their new purchase requests.

Claiming a market share of 58.7% in 2022 compared with 53.7% in 2021, Caio says its strong growth and leadership in the urban bus sector is down to the launch of the fifth generation Caio Apache Vips bus.

Following a collaboration agreement reached in 2018 between Caio and Caetano, the latter has announced it recently started demonstrations of its new 12-metre low floor battery electric bus in São Paulo, Brazil.

Caio reached the milestone of 600 units produced of the new generation of Apache Vip city buses, which started production in the second half of 2021 and is one of the brand's best sellers.