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For more than 35 years, Van Hool and ABC Companies have partnered to bring European coaches to the U.S. market, which are supported by ABC’s distribution, sales, parts, and service network.
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With this acquisition, GILLIG aims to expand its electric powertrain engineering capacity as the demand for zero-emission transit solutions continues to increase.
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Business is expected to be substantially completed by the end of fiscal year 2024, once existing customer orders are completed and delivered, according to the company.
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The acquisition will add heavy-duty transit buses to Phoenix's existing product line of medium-duty shuttle and school buses.
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Based in San Francisco, the Orion Labs solution delivers instant and secure voice, location, and data messaging across connected devices and applications.
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Both acquisitions are subject to the bankruptcy court’s approval, as well as regulatory approvals and closing conditions.
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VIA will join Ideanomics Mobility, one of the company's three strategic verticals.
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