Equipmake Holdings - Bus Repowers Contract with Golden Tours
Announcement provided by
Equipmake Holdings PLC · EQIP03/06/2024 07:00
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This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of
3 June 2024
Equipmake Holdings plc
("Equipmake" or the "Company")
Successive Contract for 10 Zero Emission Bus Repowers with Golden Tours
Equipmake, the electrification engineering specialist pioneering a range of integrated electrification products for the automotive, aerospace, bus, coach and off-highway industries, is pleased to announce that further to its announcement on 12 February 2024, the Company has secured a successive contract with Golden Tours, to repower a further ten Volvo B5 London Tour Busses, using its in-house developed Zero-Emission Drivetrain.
The drivetrain, an integrated systems solution, includes Equipmake motors, control systems, inverters, HVAC and battery packs. This contract follows the Company's announcement in February of a
Golden Tours was established in 1984 and specialises in
The Company expects to commence delivery of these ten repowered buses over the coming months.
Commenting on the contract, Ian Foley, CEO, Equipmake said: "Golden Tours is a leading tour and activity company in
"Equipmake's bus repowering provides an economically compelling alternative to purchasing new electric vehicles and we are delighted that we are able to support Golden Tours as it works to make its fleet sustainable."
Mikesh Palan, Managing Director at Golden Tours, added: "By extending our relationship with Equipmake through this new order, Golden Tours is ensuring its operations are as sustainable as possible. We offer bus services to the
**ENDS**
For further information, please contact:
Equipmake Ian Foley, Founder and CEO Tony Ratcliffe, CFO
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Via St Brides Partners |
Panmure Gordon (Corporate Adviser & Joint Broker) James Sinclair-Ford / Freddie Twist Hugh Rich / Sam Elder
VSA Capital Limited (Joint Broker) Simon Barton / Simba Khatai / Alex Cabral
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Tel: +44 (0) 20 7886 2500
Tel: +44 (0) 20 3005 5000 |
St Brides Partners (Financial PR Adviser) Susie Geliher / Paul Dulieu
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Tel: +44 (0) 20 7236 1177 |
About Equipmake
Equipmake is the UK-based engineering specialist pioneering the development and production of electrification products which are used across the automotive, aerospace and other sectors in support of the transition from conventional fossil-fuelled to zero-emission powertrains.
Equipmake produces ultra-high performance electric motors and complete EV drivetrains and ultra-fast power electronic systems. As well as developing proprietary technology - such as an ultra-compact, lightweight high performance spoke motor - it also offers bespoke R&D solutions.
Equipmake has developed a vertically integrated solution providing fully bespoke solutions. The Company has built a significant pipeline of opportunities, as demand for electric vehicles increases as part of the global decarbonisation movement.
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