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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 Headquarters Location

Lot 10 Calabro Way

Burleigh Heads, Queensland, 4220,

Australia

+61 7 5593 6722

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Latest Bustech News

Biofuel-powered buses on Gold Coast

Nov 8, 2021

Two buses running on sugarcane fuel will soon hit the road as part of a 12-month trial to be rolled out across the Mackay bus network in Australia. In the Queensland-first trial, the buses will be built by Gold Coast manufacturer BusTech and will run on bioethanol fuel produced from locally-grown sugarcane. The trial is being funded by Scania, a Swedish manufacturer of commercial vehicles, and the Queensland Government. Meaghan Scanlon, Queensland Minister for the Environment and Member for Gaven, said the trial was the latest example of the Government’s commitment to a greener bus future. “Bioethanol is more environmentally-friendly than traditional diesel fuel used on many buses,” she said in a statement. “We know public transport already delivers major environmental benefits and the use of zero-emissions buses only enhances the advantages of public transport. “Research indicates that their bioethanol buses can reduce carbon by up to 90 per cent and there is an important role for biofuels as a stepping stone to zero emission transport technologies by 2050.” Steven Miles, Queensland Deputy Premier and Minister for State Development, believeds the trial had potential to influence state-wide demand for biofuel. “This biofuel trial is an important step towards transitioning public transport to more sustainable fuel sources that supported local ethanol production, strengthened biomanufacturing capability and investment in the sector,” he said in a statement. “It will also draw on the expertise of Queenslanders, with North Queensland based company Wilmar Bioethanol Australia who will produce the fuel at their bioethanol refinery in Sarina, and Gold Coast-based bus manufacturer BusTech. “We will continue to collaborate with industry to strengthen and develop Queensland’s biofutures sector, which is delivering on the Advanced Queensland Biofutures 10-Year Roadmap and Action Plan.” CONNECT WITH US

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

$99M

Merger

1

Date

9/19/2019

Investment Stage

Companies

Valuation

$99M

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

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

United States

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10

Date

10/9/2020

8/18/2020

Type

Vendor

Vendor

Business Partner

Country

United States

United States

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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