Radar > 244147

CaetanoBus studying the entry of new partner to build electric buses in China

CaetanoBus quer construir autocarros elétricos na China e estuda a entrada de novo sócio

Intel ID : 244147
Synopsis

CaetanoBus, a Portugal-based company held by Salvador Caetano group, intends to build electric buses in China, reported Dinheiro Vivo on 7 January 2017, citing the company's CEO Jorge Pinto.

According to Jorge Pinto, everything is still under negotiation, but CaetanoBus now wants to redirect the operation to the urban bus segment. The expectation is that by 2022, China would buy about 20,000 units per year of these vehicles, against 3,000 of Europe.

"This is why we are re-evaluating the operation in China and studying the diversification of production, discussing the entry of a new partner which can be a manufacturer of electric city buses and batteries," explained the CEO.
(content in portuguese)

A CaetanoBus, empresa do grupo Salvador Caetano, com sede em Portugal, quer construir autocarros elétricos na China, de acordo com publicação do Dinheiro Vivo em 7 de janeiro de 2017, que cita o CEO da companhia, Jorge Pinto .

De acordo com Jorge Pinto, tudo está ainda em negociação, mas a CaetanoBus admite agora redirecionar a operação para o segmento de autocarros urbanos. A expectativa é de que em 2022 deverão vender-se 20 mil unidades ao ano destes veículos na China contra 3000 em toda a Europa.

“É, por isso, que estamos a reavaliar a operação na China e a estudar a diversificação da produção, discutindo a entrada de um novo parceiro, um fabricante de autocarros urbanos elétricos e de baterias”, explicou o CEO.

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Intel ID 244147
Value ND
Native Currency Euro (EUR)
Financial Data - CaetanoBus
(31 Dec 2022)
Revenue: EUR 73,60m
Net Debt: EUR 82,41m
People: 756
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Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.06 Passenger Vehicles & Light Trucks
35 Industrials / 35.02 Automotive

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35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

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