Volvo: Nova Bus Secures Order for 141 Hybrid Buses to Vancouver
January 28 2008 - 4:16AM
Business Wire
Regulatory News: Nova Bus, a subsidiary of Volvo Bus Corporation
(NASDAQ:VOLV) (STO:VOLVA) (STO:VOLVB), has received an order for
141 hybrid buses to TransLink in Vancouver, BC, Canada. The
contract includes an option for an additional 110 buses. Nova Bus
is the largest manufacturer of city buses in Canada. The Nova LFS
bus model is available in a number of variants, including the Nova
LFS HEV hybrid version. This North American hybrid is an
electric/diesel combination features a planetary gearbox linking an
electric drive with a smaller diesel engine than normally used in
the bus model. The vehicle delivers its best performances on low
speed stop-and-go routes, significantly reducing fuel consumption
and greenhouse gas emissions. This agreement represents a new
chapter in the growing partnership between TransLink, the Greater
Vancouver Area transit authority, and Nova Bus, after the delivery
of 126 diesel-powered Nova LFS buses in 2007. The buses were
well-received by drivers, maintenance personnel and passengers
alike. This new order is a testament to the entire Nova Bus team's
continuous commitment to quality, environmental concerns,
life-cycle cost and customer satisfaction. "This purchase is really
two shades of green," says TransLink CEO Pat Jacobsen. "Thirty-two
of the buses will add capacity to our system and give people a
cleaner, greener alternative to driving. The remaining 109 will
replace some of the oldest vehicles in TransLink's fleet and reduce
all emissions, some by as much as 97 per cent per bus," she says.
Nova Bus has two plants in Canada at which the buses will be
manufactured. Deliveries are scheduled to begin in mid-2009.
January 28, 2008 Download high resolution picture
http://ams.llr.se/erez4/erez?vtl=imageexpress/3/download_icp3.html&cmd
=download-prepare&adhoc=1&src=*x5ugpHu2VMm7i8Qn83AMEhT5KhxrB9OhDM4gIDq
klLuvf2YLrUNpDVWbKoU0BACYeqlon4dx5HA3 (Due to its length, this URL
may need to be copied/pasted into your Internet browser's address
field. Remove the extra spaces if they exist.) Volvo Bus
Corporation is the world's second-largest manufacturer of large
buses and coaches. The range comprises complete vehicles, chassis,
bus bodies, transport system solutions for metropolitan traffic,
leasing, financing and service contract maintenance. Volvo Bus
Corporation is part of the Volvo Group, one of the world's leading
manufacturers of trucks, buses and construction equipment, drive
systems for marine and industrial applications, aerospace
components and services. The Group also provides complete solutions
for financing and service. This information was brought to you by
Cision http://newsroom.cision.com Regulatory�News: Nova Bus, a
subsidiary of Volvo Bus Corporation (NASDAQ:VOLV) (STO:VOLVA)
(STO:VOLVB), has received an order for 141 hybrid buses to
TransLink in Vancouver, BC, Canada. The contract includes an option
for an additional 110 buses. Nova Bus is the largest manufacturer
of city buses in Canada. The Nova LFS bus model is available in a
number of variants, including the Nova LFS HEV hybrid version. This
North American hybrid is an electric/diesel combination features a
planetary gearbox linking an electric drive with a smaller diesel
engine than normally used in the bus model. The vehicle delivers
its best performances on low speed stop-and-go routes,
significantly reducing fuel consumption and greenhouse gas
emissions. This agreement represents a new chapter in the growing
partnership between TransLink, the Greater Vancouver Area transit
authority, and Nova Bus, after the delivery of 126 diesel-powered
Nova LFS buses in 2007. The buses were well-received by drivers,
maintenance personnel and passengers alike. This new order is a
testament to the entire Nova Bus team�s continuous commitment to
quality, environmental concerns, life-cycle cost and customer
satisfaction. "This purchase is really two shades of green," says
TransLink CEO Pat Jacobsen. "Thirty-two of the buses will add
capacity to our system and give people a cleaner, greener
alternative to driving. The remaining 109 will replace some of the
oldest vehicles in TransLink's fleet and reduce all emissions, some
by as much as 97 per cent per bus," she says. Nova Bus has two
plants in Canada at which the buses will be manufactured.
Deliveries are scheduled to begin in mid-2009. January 28, 2008
Download high resolution picture
http://ams.llr.se/erez4/erez?vtl=imageexpress/3/download_icp3.html&cmd
=download-prepare&adhoc=1&src=*x5ugpHu2VMm7i8Qn83AMEhT5KhxrB9OhDM4gIDq
klLuvf2YLrUNpDVWbKoU0BACYeqlon4dx5HA3 (Due to its length, this URL
may need to be copied/pasted into your Internet browser's address
field. Remove the extra spaces if they exist.) Volvo Bus
Corporation is the world�s second-largest manufacturer of large
buses and coaches. The range comprises complete vehicles, chassis,
bus bodies, transport system solutions for metropolitan traffic,
leasing, financing and service contract maintenance. Volvo Bus
Corporation is part of the Volvo Group, one of the world�s leading
manufacturers of trucks, buses and construction equipment, drive
systems for marine and industrial applications, aerospace
components and services. The Group also provides complete solutions
for financing and service. This information was brought to you by
Cision http://newsroom.cision.com
AB Volvo (MM) (NASDAQ:VOLV)
Historical Stock Chart
From Apr 2024 to May 2024
AB Volvo (MM) (NASDAQ:VOLV)
Historical Stock Chart
From May 2023 to May 2024