Toyota invests in CaetanoBus and Finlog

Toyota Caetano Portugal (TCAP) has invested in CaetanoBus and Finlog in a bid to accelerate the spread of hydrogen mobility.

The announcement of transport decarbonisation policies by more European countries and cities is expected to lead to the rapid electrification of commercial vehicles, in particular buses.

Toyota Motor Europe (TME) will therefore continue to expand its commercial zero emission mobility products and services by leveraging bus manufacturing and sales firm CaetanoBus’s long-established business and recent success in the development and sale of zero emission buses.

TME already supplies Toyota fuel cell technology to CaetanoBus. This has been integrated into the company’s first hydrogen bus, which has a driving range of 250 miles.

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