An update on Ebusco’s turnaround

By Luke Willetts – 24th March 2025

The company cut jobs, auctioned off spare parts, sold a portion of its business to Chinese battery manufacturer Gotion and shifted its business model towards an Original Equipment Designer (OED) model, focusing on design and development whilst outsourcing production.

Gotion set to increase its Ebusco shareholding

By Luke Willetts – 19th February 2025

Ebusco has convened an Extraordinary General Meeting (EGM) on 26 March 2025 to seek shareholder approval for further share issuance to Gotion, allowing Gotion to convert an additional EUR 4.01 million of its remaining accounts payable into equity. If approved, this would increase Gotion's stake in Ebusco to just over 10%.

Ebusco to auction bus parts from ten different suppliers

By Luke Willetts – 21st January 2025