Green pioneer and Wrightbus owner Jo Bamford today launched FUZE, a unique asset finance company offering the complete solution for the funding of zero-emission buses.
Heralding the industry as being “on the cusp of vital change”, FUZE will offer a turnkey solution to help operators get more buses on the roads in the race to net zero.
Following the company’s successful launch of its market-leading battery electric bus, the Electroliner, at ITT Hub, and with single deck iterations of both battery electric (BEV) and hydrogen fuel cell (FCEV) due to be launched at the Cenex Low Carbon show in September, Mr Bamford said it was the perfect time to provide a complete financial solution across the entire zero-emission ecosystem.
Wrightbus, which celebrates its 75th birthday this year, was the first manufacturer in the world to have hydrogen and battery-electric vehicles in production, with buses running all across the UK.
Operating exclusively within the zero emission PCV sector, FUZE will design, deliver and finance the seamless transition to a zero-emission fleet by offering funding on the vehicles, infrastructure, fuel - either hydrogen or electric - and a repair and maintenance package.
The company is headed up by Ben Werth, who joins from Mistral Group Limited where he was Group Sales Director with responsibility for the entire asset finance portfolio.
Mr Werth, who has 26 years’ experience in the bus industry, said: “Jo and everyone who works at Wrightbus know that government grants alone are not enough for bus operators to meet their own publicly stated zero emission targets.
“There are many moving parts within the transition to net zero. To achieve this a collaborative partnership approach between manufacturers, funders and bus operators is required. FUZE, by being a specialised zero-emission focused asset finance company, is an integral part of this process.
“The industry is on the cusp of vital change and when the chance came to be part of this, I knew I couldn’t turn down such an opportunity.”
Mr Werth said FUZE would make life easier for operators by distilling every part of the bus operational costs into a fixed monthly cost.
“Working in collaboration with sister companies RYZE hydrogen and Wrightbus we have developed a total cost of ownership model encompassing the infrastructure, vehicle, fuel and R & M fleet maintenance for the duration of the contract and then distilling this down into a single fixed monthly cost,” he said.
“This is available across the entire Wrightbus range of FCEV and BEV buses, single or double deck, over varying lengths of contracts dependent on the operators’ requirements.
“This is a unique offer within the public transport sector and is supported by an industry-changing telematics system in WB Uptime 365.”
WB Uptime 365 gives the operator real-time information and a 24-hour overview of the vehicle’s performance and uses AI to allow for predictive rather than reactive maintenance.
“The predictive nature of WB Uptime 365 enables FUZE to offer as part of its complete funding package R & M for the duration of the agreement,” he continued.
“Combining all these costs together is unique within our sector - it really is as exciting as asset finance can get.”
“FUZE is 'complete solution' to fund zero-emission buses.”Jo Bamford
Chairman, Wrightbus
Read more
Wrightbus unveils plan for European growth after incredible start to 2024
Weiter lesenVierter Deal in Deutschland: Cottbusverkehr ordert 46 Wasserstoffbusse von Wrightbus
Weiter lesenWrightbus secures further German order for 46 hydrogen buses
Weiter lesenWrightbus helps Irish city to become one of the first to deploy fully electric bus service
Weiter lesenFirst Bus launches all-electric fleet depot after investing in Wrightbus’s ZE buses
Weiter lesenWrightbus’s zero-emissions vehicle being trialled in Dorset
Weiter lesenWrightbus secures new European order for hydrogen buses
Weiter lesenWrightbus sichert sich neuen Auftrag für 28 Wasserstoffbusse
Weiter lesenWrightbus secures new deal to deliver zero-emission buses to London
Weiter lesenShadow Northern Ireland Secretary hails green innovation at Wrightbus
Weiter lesenOxford continues charge to net zero with launch of Wrightbus’s fully electric buses
Weiter lesenWrightbus secures further orders with transport operator Abellio
Weiter lesenNorthern Ireland Minister hails green innovation at Wrightbus
Weiter lesenWrightbus’s zero-emission vehicles set to hit the streets of Norwich
Weiter lesenWrightbus lands significant order for hydrogen-powered buses from Germany
Weiter lesenWrightbus to showcase benefits of hydrogen at Welsh show
Weiter lesenPreparations gather pace for roll out of Wrightbus’s zero-emission buses in Oxford
Weiter lesenWrightbus’s first ever double-deck electric ‘low bridge’ buses launched in Leicester
Weiter lesenMinister of State for Investment Lord Johnson Visits Wrightbus
Weiter lesenWrightbus zero-emission fleet hits the four million miles mark
Weiter lesenWrightbus awarded £12 million funding for NextGenZEB Project
Weiter lesenWrightbus secures new deal to deliver zero emission buses to London
Weiter lesenUniversity students on the fast track to success thanks to Wrightbus racing car sponsorship
Weiter lesenArriva London makes further commitment to delivering a sustainable bus network across London.
Weiter lesenFunding Award For Ballymena Hydrogen Production Facility at Wrightbus Site
Weiter lesenWrightbus secures new deal to deliver zero emission buses to Leicester
Weiter lesen£25 million to boost roll-out of British-made green buses around the country
Weiter lesenRecruitment Evening Encourages More Women Into The Workplace
Weiter lesenTransport Secretary hails hydrogen bus production at Wrightbus
Weiter lesenPlans announced for state-of-the-art green hydrogen project at Wrightbus Ballymena
Weiter lesenWrightbus Zero Emission Fleet Hits The Three Million Mark
Weiter lesenFostering is next stop for Norman after 30 years at Wrightbus
Weiter lesenMetroline places order with Wrightbus for zero-emissions buses
Weiter lesenGLASGOW OPEN TOP BUSES WILL SOON BE ONE OF THE GREENEST TOURS IN THE WORLD
Weiter lesenTranslink signs contract with Wrightbus for 100 new Zero Emission buses
Weiter lesenWrightbus showcasing benefits of Hydrogen at Labour & Conservative Conferences
Weiter lesenWrightbus named winners at Responsible Business Awards
Weiter lesenWrightbus to supply hydrogen cell technology to leading Australian bus operator
Weiter lesenFirst Bus places one of UK’s largest ever EV bus orders with Wrightbus
Weiter lesenWrightbus staff form Guard of Honour in tribute to founder Sir William Wright
Weiter lesenWrightbus Boss Jo Bamford praises legacy of Sir William Wright
Weiter lesenWrightbus announced as Ballymena United sponsors for next two football seasons
Weiter lesenNew Sales Director for Parts & Services joins the Wrightbus team
Weiter lesenNTA Announces Historic Agreement for 800 Battery-Electric Double-Deck Buses
Weiter lesenWrightbus signs landmark deal with Australia’s leading bus body manufacturer Volgren
Weiter lesenWrightbus Electroliner Officially World’s Most Efficient Double Deck Battery-Electric Bus
Weiter lesenWrightbus Zero-Emission Hydrogen Buses Travel 1 Million Miles
Weiter lesenThe first Wrightbus Electroliners set to enter passenger service in Belfast
Weiter lesenRecruitment drive continues at leading bus manufacturer Wrightbus
Weiter lesenHydrogen-powered buses on the streets of the West Midlands for the first time.
Weiter lesenMallon unveils the first in Ireland Battery Electric Double Decker Bus for Public Transport
Weiter lesenFortescue Future Industries joins hand with JCB and Ryze Hydrogen
Weiter lesenWrightbus prevents one million kgs of CO2 from entering the atmosphere
Weiter lesenThe UK Hydrogen Roadshow shines spotlight on low carbon hydrogen innovation
Weiter lesenWrightbus creates hundreds of permanent jobs as bus orders flood in
Weiter lesenMinister Poots visits Wrightbus to discuss its plans for green hydrogen economy
Weiter lesenOur new telemetry system is packed with world-class features
Weiter lesen