"Ebusco has announced a strategic partnership with Gotion, its long-time battery supplier, which will enhance its development of lightweight buses with longer range batteries, supporting international growth in Asia."
"Following operational and financial challenges, Ebusco's turnaround strategy aims to increase bus production significantly while implementing a plan to reduce costs by 30 million euros."
"The investment agreement with Gotion includes a commitment for Gotion to take a 9.3% shareholding in Ebusco, alongside rights to appoint board members, indicating a deepening partnership."
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