Chinese electric bus manufacturer Alfa Bus is eyeing the Bulgarian market for a plant to assemble electric buses and produce their batteries in the EU, Bulgaria's economy ministry was quoted as saying.
According to SeeNews, Alfa Bus, the only Chinese electric bus manufacturer awarded an EU certificate for all of their components, wants to find a niche market in Bulgaria as well as in other EU member states, the economy ministry said in a press release following a meeting between its minister Emil Karanikolov and members of the executive board of the company.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The two parties discussed in detail the opportunities for cooperation, potential investment and institutional support from the Bulgarian state, the ministry said, according to the report.
SeeNews said Jiangsu-based Alfa Bus, established in 2000, produces intercity and electric city buses plus bus rapid transit (BRT) systems and is cooperating with industrial and commercial vehicle manufacturers such as Iveco, Hino and Scania.
The company also makes electric bus spare parts, LMO batteries and electric motors, the ministry said.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
