Ebusco secures €12 million from five existing investors
Dutch electric bus maker Ebusco said it will receive a €12 million capital injection from five existing investors. The funding is intended to support operations until the second quarter of 2027 after the company postponed October salary payments because of strained liquidity.
Dutch electric bus manufacturer Ebusco is receiving a total of €12 million from five existing investors, according to the company. The capital injection is intended to finance operations until the second quarter of 2027.
The announcement follows reports that Ebusco had to postpone the payment of October salaries because of its strained liquidity situation. The funding is presented as support for the company’s near-term operations.
The source does not provide additional details on the investors or on any other financing measures.