Semisysco "Edison Motors Ranks First in Supply Contract for Seoul City Electric Bus Introduction Project"

[Asia Economy Reporter Hyunseok Yoo] Semisysco, which changed its name to EdisonEV, announced on the 29th that its affiliate Edison Motors secured first place by contracting 111 out of 352 electric buses in the Seoul City electric city bus introduction project this year.

The Seoul Metropolitan Government electric bus (low-floor) introduction project was prepared based on the pilot operation evaluation results conducted by the Seoul City Bus Association to introduce eco-friendly electric buses. It is a project to introduce a total of 352 large electric low-floor buses to 32 transportation companies by recruiting manufacturers that produce and sell vehicles meeting the 'Seoul City Electric Bus Standard Model' to additionally introduce electric low-floor buses in 2021.

Among the 32 transportation companies in Seoul, 20 companies chose Edison Motors electric buses. Among them, 5 companies selected only Edison Motors buses. Separately, in the Seoul Metropolitan Government electric village bus introduction project, Edison Motors signed a supply contract for 23 out of a total of 48 introduced vehicles.

In the Seoul City electric bus distribution project, there is a quota system to prevent monopoly by a specific company, limiting the purchase of vehicles from a single manufacturer to no more than 50%. This year, some applications were relaxed, and companies introducing 10 or fewer buses are no longer subject to the 50% purchase limit.

Edison Motors has the longest experience in electric buses since the world's first commercialization of electric buses and appears to have received high evaluations from transportation companies for its superior quality and after-sales service capabilities.

An Edison Motors official stated, “The re-contract rate of transportation companies that chose Edison Motors electric buses in last year’s electric bus introduction project was 100%, which numerically proves that they consider the buses to be stable in quality and reliable for operation,” adding, “We will establish ourselves as a manufacturer of convenient and safe eco-friendly public transportation vehicles for Seoul citizens and grow into a company leading the Green New Deal and carbon neutrality.”

This content was produced with the assistance of AI translation services.