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Pin to quick picksFirstgroup Share News (FGP)

Share Price Information for Firstgroup (FGP)

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Share Price: 172.60
Bid: 172.60
Ask: 172.70
Change: 2.10 (1.23%)
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Open: 173.80
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Low: 172.30
Prev. Close: 170.50
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Equipmake delivers 12 electric buses under First York partnership

Fri, 05th Apr 2024 10:34

(Alliance News) - Equipmake Holdings PLC on Friday said it has delivered a fleet of 12 upgraded electric buses in the city of York in partnership with First York Ltd of FirstGroup PLC.

The Norfolk, England-based developer of electrification solutions for the automotive, aerospace, marine, construction and bus markets said it has converted the Optare Versa single-deck models by incorporating its Zero-Emission Drivetrain technology.

This features a 274 kilowatt per hour capacity battery, which provides a range of 150 miles in all UK weather conditions, Equipmake said.

First York is a subsidiary of FirstGroup, an international passenger group which has bus and rail operations in the UK and North America.

Chief Executive Officer Ian Foley said: "We are delighted this 12-strong fleet of repowered Optare Versas is now operating in the city for First York, with all featuring our electric drivetrain. This is fantastic news for passengers and the people of York, making a significant contribution to local air quality. For operators, we believe that repowering existing buses offers an excellent opportunity to progress zero-emission targets, while potentially making cost savings in parallel."

Shares in Equipmake were untraded at 5.75 pence each in London on Friday morning. They last traded at 5.50p on Thursday.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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