End-of-life batteries used to build charging network.

The company announced its 2024 financial results, with revenues down by EUR 19.5 million in 2024 at EUR 151.8 million compared with EUR 171.3 million in 2023.

The company received a general operating permit or ‘ABE’ certificate from the German authorities for its ‘Solar Bus Kit’, a retrofit solution which runs heating, ventilation, and air-conditioning off of solar panels fitted on the roof of the bus.

These batteries will be ZEN LFP manufactured in Chasseneuil-du-Poitou in France and shipped to Turkey where the coach manufacturing is set to take place.

Forsee is set to supply Turkey’s OEM Bozankaya 12 and 18-metre trolleybus models with its ZEN PLUS and PULSE 15 battery systems.

Included in the transaction are a battery systems prototyping facility in Stockholm and a cell production facility in Gdańsk, Poland, which employ a total of approximately three hundred employees.

Since November of last year, Scania has sent employees to the ‘Ett’ plant at Skellefteå in northern Sweden to assist with the ramp-up of cell production, according to a Reuters report.

FAW Jiefang steps up development of New Energy Commercial Vehicles (NECVs).

New facility to supply battery packs for Tata Daewoo Mobility.

For more conventional applications, such as electric vehicles, Microvast says that its solid-state technology could bring greater stability and therefore better performance than any cell currently on the market.

Moreover, the group has signed a memorandum of understanding with the Canadian firm, agreeing to offtake 100,000 tonnes of spodumene concentrate per year over a ten-year term.

Designed for both passenger and LCVs, the BCS enables 800-volt vehicles to charge using 400-volt chargers, thereby expanding the network of accessible charging stations for EV owners.