"Valmet Automotive and Jeti Industries have signed a preliminary agreement for the serial production of modular electric buses at Valmet Automotive's Uusikaupunki plant in Finland. The agreement, announced on 10 February 2026, establishes the framework for potential contract manufacturing of electric buses for city and regional transport in a modern automotive production environment. According to a press release by Valmet Automotive, the project would represent the first production of electric buses in the Nordic countries within a contract manufacturing model at an established automotive plant."
"Valmet Automotive is a Finnish automotive contract manufacturer with long-standing experience in the serial production of complex vehicles, including electric and electrified models, operating industrial-scale facilities in Finland. Jeti Industries is a Finnish technology company focused on the development of modular electric buses for public transport applications, with EU type-approved vehicles already deployed in pilot operations and supported by a network of European technology partners."
The companies signed a preliminary agreement to serially produce modular electric buses at Valmet Automotive's Uusikaupunki plant in Finland, announced on 10 February 2026. The framework covers potential contract manufacturing for city and regional transport in a modern automotive production environment. The project would represent the first Nordic production of electric buses under a contract manufacturing model at an established automotive plant. Negotiations on final agreements are underway. Valmet Automotive will provide serial production capabilities, automotive manufacturing processes, quality systems, and vehicle assembly experience. Jeti Industries will supply a modular electric bus platform with EU type-approved vehicles already deployed in pilot operations. The initiative aligns with Valmet's September 2025 strategy to extend industrial production expertise beyond passenger cars and will rely on existing electrification competence and infrastructure.
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