Volvo Buses has signed a LoI with MCV

Volvo Buses had Signed letter of intent with MCV for the manufacture of bodies for city and intercity transports.

Gothenburg, Sweden-Volvo Buses., has signed an agreement with Manufacturing Commercial Vehicles Limited (MCV) an Egyptian Manufacturing Commercial Vehicles, for the manufacture of bodies for the Volvo 7900 Electric and Volvo 7900 Electric Artic, and later for an electric bus for intercity traffic. production to be begin in 2024 and the first electric buses with chassis from Volvo and bodies from MCV will be available in 2025.

This is the next step in the Volvo Buses agreement with MCV for new business in Europe. Previously, Volvo Buses had signed a letter of intent with MCV for the manufacture of bodies for city and intercity transport, and with Sunsundegui for tourist buses.

Mr. Dan Pettersson, Senior Vice President at Volvo Buses, said,By completing the agreement with MCV, they can now manufacture our bodies so that we can offer customers in Europe a complete range of Volvo's city and intercity buses in the premium segment.

Continue planning together to start the production in 2024. Customers can place the orders in the last quarter of 2023, which we deliver as soon as possible in the first quarter of 2025.

Our plan of business is that we have close joint effort with a portion of the world's leading bodybuilders, which allows us to combine our expertise in each area. It improves our ability to develop and adapt solutions to meet customers' needs now and into the future.

Under the new business model in Europe and the agreement with MCV, Volvo Buses will keep on being the resource for clients in regards to spare parts and services, both for new offers and for clients who as of now have Volvo buses in their fleet.