Exel Composites bus profiles are helping to reduce emissions in Finland

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EXEL COMPOSITES PLC           PRESS RELEASE            6 FEBRUARY 2020 at 11:00 EET

Exel Composites has supplied Chinese bus and coach manufacturer Yutong with fiberglass profiles for 33 electric buses which have been delivered to Helsinki, Finland. The introduction of the electric buses is part of the country’s goal to reduce carbon dioxide emissions by five million kilograms a year.

Headquartered in Vantaa, Finland, we design and manufacture some of the largest and most complex carbon fiber and fiberglass composite profiles on the market. The fiberglass panels delivered to Yutong were manufactured in China, and included the skirt and side panels for the electric buses. Yutong delivered the buses to the Finnish bus and road operator, Pohjolan Liikenne. We are continuing to work with Yutong to develop and manufacture composite solutions for their vehicles.

The delivery of the electric buses is the first time that Yutong, which became the first listed bus company in China in 1997, has entered the Finnish market. This is also the largest volume of buses that Finland has purchased from overseas. The country, which is already renowned for its safety and efficiency when it comes to public transport, aims to have 400 electric buses operating in the capital by 2025.

“Light weight fiberglass was important to this project as it reduces operating costs, and helps to increase energy efficiency and that helps improve environmental sustainability,” explained Olli Tevä, SVP, Sales and Marketing. “Additionally, our composite profiles resist deformation and corrosion from the harsh road environments typical in Finnish winters. Repairing fiberglass is straightforward and can be done in depot. This means that the overall lifetime operational and maintenance costs of the buses are decreased.”

As a global manufacturer with manufacturing plants in six countries, our composites help reduce weight, improve performance, and decrease total life cycle costs, all while helping increase energy efficiencies and supporting environmental sustainability.

For more information, please contact:

Olli Tevä
SVP, Sales & Marketing
olli.teva@exelcomposites.com
+358 40 173 3055

Robert Glass
Head of Marketing
robert.glass@exelcomposites.com
+358 50 400 2212

Exel Composites in brief

Exel Composites, a global technology company headquartered in Finland, is the world’s largest manufacturer of pultruded and pull-wound composite solutions. Our global manufacturing, R&D, and sales footprint serves customers across a broad range of industries and applications. With 60 years of composites experience and engineering expertise, we work closely with our customers to design and manufacture high quality composite solutions using carbon fiber, fiberglass, and other high-performance materials. Our composites help reduce weight, improve performance, and decrease total life cycle costs, all while helping increase energy efficiencies and supporting environmental sustainability.

Exel Composites employs approximately 650 innovative and customer-focused employees around the world and is listed on the Nasdaq Helsinki exchange. To find out more about our offering and company please visit www.exelcomposites.com.