The Volvo Group - which includes Renault Trucks, Mack Trucks, Prevost, and Nova Bus - saw a slight decline in its financial results across the board, with its net sales falling by 3% to SEK527bn (approximately EUR46bn) in 2024.

Nova Bus announced last year that it would cease production at Plattsburgh by 2025, citing the location’s weak profitability.

33 will serve across multiple locations in the province of British Columbia, while 51 will be used on routes in Ottawa, Quebec, and Ontario.

He will succeed Ralph Acs, who took retirement on 1 April.

7 units of the LFSe+, a 40-foot battery electric model, will be delivered in 2025.

The decision was reportedly motivated by the weak profitability of the Plattsburgh, New York operations over several years.

He replaces Martin Weissburg, who steps down from the group board to join the board of another Volvo subsidiary, Nova Bus.

The contract stipulates a firm order for 124 ‘LFSe+’ 40-foot buses, with the option to add a further 12 units over the next two years; TTC will also be able to order up to 405 more buses longer-term.

Nova Bus has won a contract for up to 1,229 electric transit buses in the province of Québec – the LFSe+ transit 12m electric buses will be delivered over three years starting in 2025 and will feature BAE Systems’ GEN 3 modular electric propulsion system.

The Volvo subsidiary announced an order for five 40-foot electric buses from the Washington Metropolitan Area Transit Authority, the public transport agency which serves the District of Columbia and surrounding parts of Maryland and Virginia in the USA.

A strong partnership between BAE Systems and Nova Bus has led delivery of a highly efficient electric transit bus for zero emissions passenger mobility in North America.

The LFSe+ has passed the Bus Testing Program - certification from which is a prerequisite when qualifying for federal incentive programs.