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The proposed acquisition of a company with deep digital expertise and expected 2026 revenues of over $220 million marks a significant step in Hitachi Rail’s strategy to operate as a leading global digital mobility player, the company said.
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Durability is skey for transits when looking for a product that will last long term.
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The integration will bring public awareness to Spin’s vehicle availability and provide a more sustainable option for short journeys in urban areas.
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Computer-controlled air management and ride control systems have been evolving over the last two decades and are now more effective and versatile than ever before, helping to smooth out the ride of buses operating on even the worst of roads.
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The cells will be delivered to Proterra factories for the manufacture of the company’s commercial electric vehicle battery systems.
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The agreement expands the partnership originally announced in 2019 and builds on the unveiling of North America’s first automated transit bus, the Xcelsior AV™.
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Along with the pending acquisition of leading European e-mobility technology provider has·to·be, this transaction confirms ChargePoint’s commitment to the electrification of fleet and commercial segments in North America and Europe.
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The 2.3-mile BRT line will provide fast, frequent, reliable, and safe public transportation along Madison Street, improving connections between key destinations in downtown Seattle and densely populated neighborhoods in the surrounding area.
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On-Request transit service uses trip planning software and GPS technology to plan bus routes in real-time and respond to passengers’ trip requests immediately.
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This technology adds a solution to Siemens Mobility’s software portfolio. The agreed purchase price is 550 million Euros along with an earn out.
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HDR is the sixth largest 100% employee-owned firm in the U.S. by employee count. The WRECO acquisition brings 86 people to the company.
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