ABB, Volvo partner for new electric and hybrid bus


ABB (NYSE:ABB) and Volvo (OTCPK:VOLVY) are teaming up to revolutionize urban e-mobility by co-developing and commercializing electric and hybrid buses with fast charging systems.

The first project will combine Volvo's electric hybrid buses and ABB's automatic e-bus chargers in the Luxembourg public transport system.

Twelve Volvo Electric Hybrid buses are expected to be running on existing lines by 2015.

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