Avass Group to manufacture electric buses in Saudi Arabia

Australia-based Avass Group has signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture all-electric buses and lithium batteries in Saudi Arabia.

The partnership stems from the consideration of strategic advantage that Saudi Arabia has due to its location at a central point between both Asia and Europe. The agreement bolsters Avass Group’s plans to mass manufacture Full Electric Buses and Lithium Batteries in Saudi making use of its location.

Dr. Allen Saylav, Group Chief Executive Officer at Avass said, “The agreement will also greatly assist the trade relationship between Saudi Arabia and India and help Avass to provide an integrated solution for batteries, EVs.” India has recently announced several programs to electrify its electric bus services. Just last month, Convergence Energy Services (CESL), a subsidiary of state-run Energy Efficiency Services (EESL), said it will be procuring more than 5,000 electric buses in India. The energy transition agency has launched the tender under the Grand Challenge Scheme and targets five major cities.

The Australian company Avass is based in Melbourne. The company says it has delivered a vast array of research and development technology throughout its locations in Australia, India, Singapore, Indonesia and Saudi Arabia. For its future outlook, the Group says that its “strong presence of a dedicated supply chain”, and is exploring “different market opportunities and creating economies of scale”.

In 2016 we reported that AVASS had leased a 12,500 square-meter factory in Melbourne. The company produced its first buses later the same year. On its website, the Australian company says it has already established manufacturing facilities in India where it produces rechargeable batteries, electric vehicles, and other clean energy products. The company says it has production sites in both Northern and Southern India developing and mass-producing a range of fully electric buses, trucks and special-purpose vehicles.

Avass develops what they call high-security technology for which it has facilities in Southern India and utilises advances within the lithium-ion and electronics sector.

businesswire.com

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