"Minibus production is going at full pace and the cooperation with Zhongtong leading to the entry in the EV midibus segment is rewarded with 90 units expected to be delivered in 2025. At the same time, Lithuanian minibus specialist Altas Auto is opening a new business focusing on the commercialization of partners' products with the newly founded entity Altas Trade and preparing the launch of the Altas e-Sprinter next year."
"Annual orders for both the core minibus range (Altas Auto builds its minibus range on Mercedes Sprinter and MAN TGE chassis, with TGE-based production representing a smaller share at roughly 50 to 100 units per year) and the special-vehicle division have increased steadily over the past decade: the expectation is to get over the 900-units tresold this year in terms of orders, thanks to 803 minibuses and 103 Novus City V7."
Altas Auto is ramping minibus production and entering the EV midibus segment through cooperation with Zhongtong, with 90 EV midibuses expected in 2025. A new commercial entity, Altas Trade, will commercialize partners' products while Altas prepares the Altas e-Sprinter launch next year. Manufacturing in Vilnius follows a structured process with rigorous quality-control across two vehicle lines; the main line runs 33 tacts and a full production cycle takes two weeks. Leadership shifted as founder Edvardas Radzevičius moved to the board and Ignas Pranskevičius became CEO. Orders exceed 900 units for 2025 (+45% vs 2024); turnover rose from €12.9m in 2015 to €56m in 2024, targeting €95m in 2025, and workforce is expected to grow to over 300.
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