Equipmake Wins £5.45m Agrale Order for Bus Drivetrains

Equipmake Holdings plc (“Equipmake”), a leading innovator in engineering-driven electrification technologies, products, and solutions for automotive, truck, bus, and specialty vehicle sectors, has announced a new £5.45 million order from Agrale S.A. (“Agrale”). The agreement covers the supply of electric drivetrain systems for 50 Agrale buses of different configurations and includes coverage for non-recurring engineering costs.

This new order follows Agrale’s initial purchase of five zero-emission drivetrains in August 2024, all of which have already been delivered successfully. Under the contract terms, Equipmake will supply the systems in phased batches through mid-2026. Each delivery will be backed by advance payments and secured by irrevocable letters of credit confirmed by a UK clearing bank.

The integrated electric drivetrain solution being provided includes an electric motor, inverter, control systems, and battery pack, combining Equipmake’s proprietary products and technologies with select components sourced from trusted third-party suppliers. With this latest agreement, Equipmake’s live order book has expanded to exceed £10 million.

Leadership Statements
Ian Foley, CEO of Equipmake, remarked:
“This expansion of our partnership with Agrale represents a significant step for Equipmake and reflects the Company’s move to generate higher-margin product and technology sales. Supplying electric drivetrain systems for 50 buses is a major milestone in our joint mission to bring zero-emission mass transit to South America. This growing success story reflects the trust Agrale places in our solutions and our shared commitment to developing a robust sustainable transport network in the region.”

Edson Ares Sixto Martins, Director of Agrale, added:
“Agrale is proud to deepen our partnership with Equipmake through this substantial new agreement. Their zero-emission drivetrain technology has proved to be highly reliable and efficient in our operations, and this expanded order underscores the strength of our collaboration in delivering clean, quiet electrified public transit.”