Before the sale, Bosch held 33,790,880 shares, or approximately 17.4 % of the company. After the transaction, it will retain 27,396,115 shares, equivalent to 14.1 %, with the retained portion subject to a 60-day lock-up period unless waived.

Located in Bayswater, Perth, the depot will support 132 zero-emission buses when it begins operations in mid-2026.

Poppe will oversee investor relations from September 2025, taking on treasury responsibilities from July 2026, ensuring coherent financial communication.

This recent acquisition adds to the twenty-one Irizar electric buses that Voyages Emile Weber previously purchased in 2019, reinforcing their commitment to sustainable public transportation.

The sale aligns with JM’s strategy to streamline its portfolio and focus on core growth areas such as hydrogen technologies and emissions control for commercial vehicles.

The agreement includes provisions for land, workforce support, and tax incentives, and forms part of “a broader German-Senegalese development and climate partnership”.

The tyre boasts high mileage, improved safety, and lower rolling resistance, offering cost savings and performance for light commercial vehicles.

This marks Karsan's first autonomous public road deployment in France, following similar initiatives in Sweden, Italy, Switzerland and Finland.

The German manufacturer is offering a box van semi-trailer option from BE-Combi and a three-way tipper from Meiller for its ‘TGE’ range ex works.

For the operator, this strategy extends vehicles' lifecycles and dramatically reduces carbon emissions whilst decreasing the total cost of ownership for the bus.

This project is significant because it brings cost-effective green hydrogen closer to commercial reality, with Ceres still targeting a production cost of USD 1.5/kg by 2025.

The front of the vehicle has been redesigned, featuring a new “Sky View” windscreen that eliminates the cab header panel and replaces it with glass.