Volvo Buses Receives Order for 475 Hybrid Buses from Quebec

  Volvo Buses Receives Order for 475 Hybrid Buses from Quebec

Business Wire

GÖTEBORG, Sweden -- February 12, 2013

Regulatory News:

Volvo: (STO:VOLVA)(STO:VOLVB)

Volvo Buses’ North American subsidiary, Nova Bus, has received an order for
475 hybrid buses from Quebec in Canada. This is the single largest order for
hybrid vehicles that the Volvo Group has ever signed to date. The buses are
scheduled for delivery beginning of 2014.

With a total of more than 1600 delivered hybrid buses Volvo Buses is the world
leader in the fast-expanding market for hybrid buses. Now the company’s North
American subsidiary, city bus manufacturer Nova Bus, has received an order for
475 hybrid buses from the province of Quebec in Canada. This largest-ever
single order for hybrid vehicles confirms Volvo Buses’ position both in North
America and globally. Delivery of the 475 LFS HEV (Hybrid Electric Vehicle)
buses will start in 2014. The order also encompasses an option for a further
1200 vehicles.

Long-term cooperation The customer, ATUQ, is a consortium consisting of the
province’s nine transit authorities.“This order underlines the strong
relationship ATUQ and Nova Bus have developed over the years,” said
Jean-Pierre Baracat, President of Nova Bus. “ATUQ has renewed its confidence
in our vehicles once again, and we are glad to continue to work together to
further enhance transit services in our communities.”

Environmentally optimised technology Compared with conventional diesel-powered
buses, the Nova LFS HEV offers approximately 30% lower fuel consumption and
greenhouse gas emissions. In parallel with the continued enhancement of hybrid
technology, Nova Bus is working on the development of other environmentally
optimised solutions such as plug-in hybrids and all-electric buses.

“One important part of Nova Bus’ vision is to be a leader in green efficiency
and electro-mobility. We believe that lower-emissions buses help meet urban
challenges such as congestion and improve quality of life,” says Stefan Tilk,
President Business region Americas,Volvo Buses.

Photo from Volvo’s image
gallery(http://images.volvogroup.com/ShowRecord.jsp?server=damdbp2&catalogName=AB%20Volvo&recordID=2061&encoding=UTF-8)

February 12, 2013

Volvo Bus Corporation is one of the world’s largest manufacturers of large
buses and coaches. The range comprises complete vehicles, chassis, bus bodies,
transport system solutions for metropolitan traffic, leasing, financing and
service contract maintenance. Volvo Bus Corporation is part of the Volvo
Group, one of the world’s leading manufacturers of trucks, buses and
construction equipment and drive systems for marine and industrial
applications. The Group also provides complete solutions for financing and
service.

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Contact:

Volvo Bus Corporation
Helena Lind, Manager Media Relations
Phone: +46 (0)31-323 62 57
 
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