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Initial Zero Emission Drivetrain Order From Agrale
Initial Zero Emission Drivetrain Order From Agrale.
About this update from Equipmake Holdings Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\").\n \n \n \n29 August 2024\n \nEquipmake Holdings plc\n(\"Equipmake\" or the \"Company\")\n \nInitial Zero Emission Drivetrain Order From Agrale\n \nEquipmake, a market leader in engineering-driven differentiated electrification technologies, products and solutions across the automotive, truck, bus and speciality vehicle industries, is pleased to announce that it has received an initial order for five Zero Emission Drivetrains (\"ZEDs\") from South American bus manufacturer Agrale S.A. (\"Agrale\"). \n \nThe ZED is an integrated systems solution which includes Equipmake motors, control systems, inverters, HVAC and battery packs and will be utilised in the construction of five MT17.0e buses for DOTA S.A., the largest bus operator in Argentina. This follows the recent successful trial in Buenos Aires of a MT17.0e zero emissions electric bus featuring Equipmake's proprietary ZED (please see RNS Reach dated 22 August 2024).\n \nThis order further strengthens the Company's forward order book, supporting its emphasis of securing components and drivetrain business.\n \nIan Foley, CEO, Equipmake said: \"We are delighted to receive an initial order from Agrale for five Zero Emission Drivetrains following the successful trial of the pioneering MT17.0e electric bus in Buenos Aires. We have been working with Agrale for six years on the development of zero emission busses for the South American market and this initial order represents the exciting next phase in our expanding relationship.\"\n \nEdson Ares Sixto Martins, CEO, Agrale S.A. added: \"Agrale's decision to utilise Equipmake's Zero Emission Drivetrains for these initial five buses is a result of the excellent relationship we have with the Company and the high quality of its technology. We are incredibly proud to be moving forward together in, what we believe is, an important partnership to bring electric buses to the streets of South America.\"\n**ENDS**\n \nFor further information, please contact: \n \n\n\n\n\nEquipmake \nIan Foley, CEO \nTony Ratcliffe, CFO \n \n\n\nVia St Brides Partn...