Ebusco N : New order in Munich

New order in Munich

Stadtwerke München expands fleet with 14 Ebusco 18-metre buses

Deurne, 12 January 2022 - Ebusco (Euronext: EBUS), a pioneer and frontrunner in the development of electric buses and charging systems, received a follow on order from Stadtwerke München. It concerns an order for 14 Ebusco 2.2 18-metre buses. The delivery is scheduled for the first half of 2023.

Reasons for choosing Ebusco included its superior battery capacity, low consumption, and the associated competitive commercial proposition.

Stadtwerke München already has extensive experience with Ebusco buses. There are currently 12 Ebusco 2.2 12-metre buses in operation in the inner city of Munich, and two Ebusco 3.0 buses, which had their world debut in Munich.

Ebusco has been working as an innovation partner with Stadtwerke München and its subsidiary Münchner Verkehrsgesellschaft (MVG) for several years. This new order is a further consolidation of this partnership.

Peter Bijvelds, CEO Ebusco: "We are delighted that Stadtwerke München has once again opted for Ebusco. Besides the 12-metre 2.2 bus and our new generation Ebusco 3.0 bus, our 18-metre 2.2 buses will also be seen on the streets of Munich. Stadtwerke München has been at the forefront of energy transition from the very beginning. We are proud to partner with Stadtwerke München in contributing to our shared goal of introducing zero emission transport as soon as possible".

Veit Bodenschatz, Managing Director and Head of Bus Operations at Münchner Verkehrsgesellschaft (MVG): "After the 12-metrebuses from Ebusco met the range expectation, we are looking forward to taking its big brother on the road. By gradually switching to e-buses,we want to achieve the climate targets in transport and make public transport in Munich even more sustainable."

More information

www.ebusco.com

Rob Stevens

Manager Marketing & Communication Tel: [phone] [e-mail]

For press images:www.ebusco.com/press/

About Ebusco

Ebusco is a developer, manufacturer, and distributor of zero emission buses and charging systems as well as a supplier of ancillary products and services to the electric vehicle ecosystem. As an innovative frontrunner in the development of electric buses, its mission is to contribute to a better living environment by driving the transition to zero emission public transportation.

Ebusco's buses currently operate in multiple countries in Europe, including in major cities such as Amsterdam, Frankfurt, and Munich. Ebusco was founded in 2012 and had a workforce of over 214 full- time employees as at 30 June 2021. The company is headquartered in Deurne, the Netherlands and has, next to its production facilities in Deurne, a third-party facility in Xiamen, China.

Since 22 October 2021 Ebusco is listed on Euronext Amsterdam. For more information: www.ebusco.com