RCS - Equipmake Holdings - Equipmake Powered eBus Operating In Buenos Aires
22/08/2024 07:00
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RNS Number : 3293B Equipmake Holdings PLC 22 August 2024
Reach - non-regulatory announcement
22 August 2024
Equipmake Holdings plc
("Equipmake" or the "Company")
Electric Bus Powered By Equipmake Enters Operation In
Buenos Aires
Equipmake, 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 played a key role in Argentina's first, domestically manufactured,
electric bus entering operation in Buenos Aires.
Key Points
· DOTA S.A, the largest bus operator in Argentina, has put the first
electric bus made entirely in the country into operation in its capital city
· The MT17.0e bus features Equipmake's proprietary Zero Emission
Drivetrain ("ZED") and has been produced by Argentine-Brazilian manufacturer
Agrale with a body by Todo Bus
· It has a fully electric, zero emissions range of 250km (155miles)
and can be recharged in 5-7hrs
· The new bus was developed from the ground up through the Advanced
Propulsion Centre-funded CELEB (Cost-Effective Low Entry Bus) project
Working with Agrale and Todo Bus, Equipmake's ZED forms an integral part of
the single-deck Agrale MT17.0e which has been developed as part of the
Advanced Propulsion Centre-funded CELEB (Cost Effective Low Entry Bus) scheme.
The project has seen Equipmake lead multiple international partners over the
last five years, with the objective of delivering a cost-effective bus
designed for the South American market.
The Company understands that DOTA S.A has further plans to extend its MT17.0e
fleet enabling more zero emission buses to operate in Buenos Aires.
Ian Foley, CEO, Equipmake said: "We are delighted that DOTA S.A has put this
pioneering electric bus into operation in Buenos Aires. This is Argentina's
first domestically manufactured e-bus and, together with our partners Agrale
and Todo Bus, Equipmake is playing a key role in the acceleration of Buenos
Aires' mission to halve its carbon emissions by 2030 and become entirely
carbon-neutral by 2050.
"The MT17.0e features Equipmake's state-of-the-art electric zero emission
drivetrain technology which has an important role to play in advancing the
electrification of buses and heavy vehicles. We're hugely excited about the
transformative potential of our technology and the benefits it will bring to
Buenos Aires and beyond in the years to come. Now that the vehicle has
demonstrated it has met its performance targets in service, we hope to begin
supplying Agrale in the short term to meet the growing South American demand
."
**ENDS**
For further information, please contact:
Equipmake Via St Brides Partners
Ian Foley, CEO
Tony Ratcliffe, CFO
St Brides Partners (Financial PR Adviser) Tel: +44 (0) 20 7236 1177
equipmake@stbridespartners.co.uk
Susie Geliher / Paul Dulieu / Will Turner
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About Equipmake
Equipmake is a UK-based industrial technology company specialising in the
engineering, development and production of electrification products to meet
the needs of the automotive and other sectors in support of the transition
from fossil-fuelled to zero-emission powertrains.
Equipmake is a leader in high performance technologically advanced electric
motors, inverters and complete zero-emission electric drivetrains and power
electronic systems. Equipmake has developed a vertically integrated solution
providing fully bespoke solutions to its customers. The Company is focussed on
accelerating traction with OEM and Tier 1 suppliers in relation to higher
margin component and drivetrain supply under long-term growth contracts.
Key differentiators of the Company offerings are its advanced technology and
performance, reliability and adherence to ASIL-D(1) functional safety.
Equipmake's advanced motor and inverter technology, featuring ASIL-D
compliance, are designed to customers' highest Functional Safety standards.
With decades of experience in electric drivetrain integration and a dedicated
prototype vehicle testing facility, Equipmake can significantly accelerate
product development for customers.
(1) Automotive Safety Integrity Level ("ASIL") is a risk classification scheme
defined by the ISO 26262 - Functional Safety for Road Vehicles standard and is
a critical requirement for road vehicles. Of the four ASILs identified by the
standard, ASIL-D dictates the highest integrity requirements on the product,
which require exceptional rigour in their development.
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