ISE raises $5.5M for hybrid city buses
ISE, a bus manufacturer located in Poway, Calif., has raised $5.5 million of a planned $25 million fourth round of funding, according to peHUB.
It’s easier to convert a bus into a hybrid electric vehicle. The vehicles already cost hundreds of thousands of dollars new, with much invested in the chassis and body, so the cost of adding expensive new components and batteries causes less of a percentage increase than with hybrid or electric cars.
ISE’s vehicles… Continue Reading