13 June 2023
Under the Radar: Volvo Buses APAC on the restructuring of its Europe business; Focus on chassis production; Electrification of bus fleet and the electric bus market in Korea and APAC to reach US$203.7m by 2028; Gaps in APAC markets; Fully battery powered made-in-Singapore city bus
We’re going to talk all about the buses we take to get to and off work every other day.
Our guest for today is from Volvo Buses, which is one of the world’s leading providers of sustainable people transport solutions.
Offering premium city and intercity buses, coaches, and chassis, Volvo Buses has sales in 85 countries and a global service network with more than 1,500 dealerships and workshops.
With Volvo Buses changing its business model in Europe to focus on chassis production to restore it to profitability, we want to find out what the situation is like over in Asia and what’s next for the company as far as APAC is concerned.
Speaking of APAC, the company revealed a made-in-Singapore city bus powered fully by batteries in November last year as part of a collaboration with Singapore’s SC Auto Industries, but how big of a market is Volvo Buses aiming in the region?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mats Nilsson, Vice President, Volvo Buses APAC for more.

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