On December 15, 2017, Mitsui & Co., Ltd. formed a strategic alliance with CaetanoBus, S.A., a Portuguese bus manufacturing company which sells and produces electric buses.

Electric vehicles are expanding rapidly, especially in Europe and China, as a measure against atmospheric pollution and to protect the environment. The bus market is an area where electrification is anticipated to become widespread, especially on transit buses as large cities in Europe launch a policy to actively promote the electrification of buses.

From October 2017, Caetano Bus S.A. started the commercial manufacture of an electric bus developed by themselves called 'e. City Gold,' which is being sold in Europe, mainly in Portugal. In addition, Caetano bus owns an affiliated company which manufactures and sells the Cobus brand, which has the number one share in the world for bus transportation of passengers on the airport apron, and from 2016 electric bus 'e. Cobus' is being sold worldwide. Utilizing our global network, Mitsui & Co., will promote the sales expansion of electric buses produced by Caetano Bus S.A. to Europe, Asia and worldwide, and will continue support the growth of the company while contributing to the realization of an environmentally friendly society.

CaetanoBus S.A. profile

Official Name CaetanoBus - Fabricação De Carroçarias S.A
Head Office Gaia City, Porto, Portugal
Date of Establishment 1946
Major Business Areas Manufacture and sale of buses

Mitsui & Co. Ltd. published this content on 18 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 December 2017 05:09:07 UTC.

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