Tag: Wrightbus

Wrightbus Seals £150m Deal With HSBC UK To Support Global Expansion Plans

Stuart Mitchell

Leading zero-emission bus manufacturer Wrightbus has secured a £150m finance package from HSBC UK as it prepares to ramp up production and decarbonise transport fleets worldwide. The deal sees Wrightbus more than double its existing funding and underlines its ambitions to become a global mobility leader, with sales from Ballymena to Brisbane. Rescued from administration in 2019 by entrepreneur Jo Bamford, Wrightbus now employs more than 2,300 people and produces 1,200 buses per year – 95% of which are zero-emissions[1]. HSBC’s funding features hedging and working capital support. The package…

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Science Secretary hails Wrightbus as company pledges £25 million to bolster UK’s green transport revolution and drive growth

Stuart Mitchell

Millions of pounds in investment by Wrightbus to develop the next generation of green buses has been welcomed recently by Science Secretary Peter Kyle, highlighting it as a key driver of economic growth under the Plan for Change. As the UK’s fastest-growing zero-emission bus manufacturer and a major employer in Northern Ireland and the wider UK, Wrightbus’ new funding will accelerate the next generation of electric and hydrogen-powered buses, potentially creating dozens of new jobs, slashing emissions, and supporting the government’s mission to make Britain a clean energy superpower. During…

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First Bus places one of UK’s largest ever EV bus orders with UK manufacturer Wrightbus following DfT ZEBRA funding award

Stuart Mitchell

First Bus has placed one of UK’s largest Electric Vehicle (EV) bus orders with UK manufacturer Wrightbus, following successful bids with Local Authorities as part of the Department for Transport’s (DfT) Zero Emission Bus Regional Area (ZEBRA) funding scheme. The £81m order, totalling 193 buses, is the largest EV bus purchase outside of London and will see new zero emission buses being rolled out across England from March 2023. First Bus will invest £43m in the new vehicles and will be supported to complete the electric fleet project with a…

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