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Corporation
bustech.net.au

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Partners & Customers

2

About Bustech

Bustech is a privately owned bus manufacturer in Australia.

Bustech Headquarter Location

Lot 10 Calabro Way

Burleigh Heads, Queensland, 4220,

Australia

+61 7 5593 6722

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Latest Bustech News

Australian-Built Electric Buses to Run on Sunlight in Queensland

Aug 29, 2021

By 1 hour ago A massive expansion in electric passenger buses will be enabled by the partnership of Keolis Downer, BusTech, and the Queensland government. Sixteen new electric buses will be built in the Bustech workshop on the Gold Coast to run on sunshine. The first one should be in operation within 12 months. The buses will be charged and maintained at the North Lakes hub of Hornibrook Bus Lines owned by Keolis Downer. They will be charged by 100% renewable energy. Queensland has already committed to replacing urban buses moving out of service with electric buses by 2025, and equipping the whole fleet with electric buses by 2030. Electric buses and their depots will support Queensland’s renewable energy target of 50% by 2030. Keolis Downer is committed to making public transport more sustainable and passenger friendly. It is a national company with almost 5000 employees. It would like customers to see sustainable public transport as the first and best option. In New South Wales, Keolis Downer plans to introduce 125 electric buses over the next 8 years. The first of the Queensland buses, to be built by Bustech on the Gold Coast, should be delivered within 12 months, with the rest to follow by the end of 2023. Bustech describes itself as a provider of: “integrated transit solutions that enable the next generation of zero-emissions connected vehicles and infrastructure.” Brisbane (capital of Queensland) is running trials of several electric buses at the moment. A driver recently commented that one of the issues involved was finding the space in current depots for the charging infrastructure. The partnership between the state government and private companies Bustech and Keolis Downer is a win for the environment, a win for local jobs, and a win for Queensland in its rivalry with NSW.

Bustech Acquisitions

1 Acquisition

Bustech acquired 1 company. Their latest acquisition was Precision Buses on September 19, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/19/2019

Merger

1

Date

9/19/2019

Investment Stage

Companies

Valuation

Total Funding

Note

Merger

Sources

1

Bustech Partners & Customers

2 Partners and customers

Bustech has 2 strategic partners and customers. Bustech recently partnered with Cummins on October 10, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

10/9/2020

Vendor

Cummins

United States

Cummins Continues to Power Bustech With New Battery Electric and Fuel Cell Electric Powertrains

COLUMBUS , Ind. -- -- Cummins Inc. and Bustech , Australia 's largest supplier of transit buses designed , engineered and manufactured in Australia , announced an agreement to build the next generation Bustech low floor transit bus using Cummins Inc. zero-emission battery electric and hydrogen fuel cell technologies .

1

8/18/2020

Vendor

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10

Date

10/9/2020

8/18/2020

Type

Vendor

Vendor

Business Partner

Cummins

Country

United States

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News Snippet

Cummins Continues to Power Bustech With New Battery Electric and Fuel Cell Electric Powertrains

COLUMBUS , Ind. -- -- Cummins Inc. and Bustech , Australia 's largest supplier of transit buses designed , engineered and manufactured in Australia , announced an agreement to build the next generation Bustech low floor transit bus using Cummins Inc. zero-emission battery electric and hydrogen fuel cell technologies .

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Sources

1

10

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