Brazil | Order | Sustainability São Paulo adds 50 new electric eMillenium buses to growing portfolio of e-bus transportation By Jose Secco – 21st October 2023 Three model variants of the Ciao eMillenium have been supplied.
USA | Electric Drive | Electrical Systems & Components | Mergers & Acquisitions WEG to buy industrial electric motors and generators businesses from Regal Rexnord By Jose Secco – 17th October 2023 The purchase will enlarge WEG's turnover and global reach substantially. The net operating revenue of these businesses in 2022 was approximately BRA 2.8 billion (USD541.5m), with an adjusted EBITDA margin of 9.5%.