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Saturday, February 4, 2023

CAF expands its portfolio and bets on the bus to grow in the US and Asia

After completing the integration of bus maker Solaris and closing the acquisition of a train development plant at Basque Group in Germany CAF launches its new strategic plan To increase our presence in the world. As such, it considers its plans for the period 2016-2021 as closed and Vijay Launch of Digital Mobility Services To provide comprehensive transportation solutions without neglecting its portfolio, which now includes both railways and buses.

It does so after accumulating contracts worth 6,641 million in those five years, Quadruple your portfolio of railway projects and diversify your offering towards the bus segment, Trains remain the company’s big business, accounting for 76% of sales, but its greater presence in cities thanks to Solaris Buses has facilitated its transformation to provide innovative solutions in matters such as big data, managing energy, signaling or autonomy. is of.

Company directed by Javier Martinez Ojinaga Claims to be able to see you face-to-face with the main players in the field, by accumulating a portfolio of vehicles that includes all types of buses, trams and metro, suburban or regional trains. Only the giants in this field – Alstom, Siemens and Hitachi – equal or better their offer by involving very high-speed trains, a segment for which a possible merger between CAF and Talgo, another Spanish manufacturer which has developed this technology have developed.

Double profits up to 300 million per year

After doubling its sales volume and personnel over the past five years, Basque is positioned as a company New target to reach 4,800 million turnover in 2026 -2,943 million in 2021-, besides doubling its EBIT to 300 million (165 last year). He will focus his attention to achieve this Growth plans in European, North American and Asia-Pacific marketsAll of them are of large volume and recurring activity.

In the railway sector, Germany, the United Kingdom, the Nordic countries and Australia have become its strategic markets, with the option of consolidating in India and the United States, despite heavy competition. In Spain, the CAF considers that the market is practically finished. Almost the entire RENFE investment plan has been awarded,

move forward in the intercity bus segment

The bus section opens up a wide range of possibilities. The Solaris brand is well established in the urban bus market for its wide range of electric and zero-emission products. The challenge now is to expand this portfolio to intercity routesWhich requires more autonomy.

To achieve this, the key has been determined entering north america hand in hand with zero emissions, taking advantage of the fact that the ecological transition is occurring later and that The Biden administration is planning a wider deployment of the funds For electrification of the bus fleet. The CAF intends to use the knowledge gained in Europe for all challenges that have to do with urban electromobility. hold 10% of the North American market in the year 2030,

Finally, the Basque group has approved Add smart mobility solutions to your portfolio, Some of the planned developments are systems to facilitate intermodality, anticipating demand, ticket sales, traffic optimization, fleet or incident management.

World Nation News Desk
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