ABB, Volvo partner for new electric and hybrid bus

|About: ABB LTD. (ABB)|By:, SA News Editor

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.