The move sees Pelican Engineering expand its existing Green Loan and Sustainable Trade Instrument Facility from HSBC UK, previously borrowing £60m in 2022. Yutong will supply the new battery electric buses.
Pelican Bus and Coach, part of Pelican Engineering, is a UK and Ireland importer and distributor of the Zhengzhou Yutong Bus. The new vehicle order will grow the number of Pelican supplied Yutong buses operating in the UK to nearly 1,000.
This latest order of vehicles imported with HSBC UK funding includes electric single deck E10 and E12 buses, more than one hundred GTe14 long range electric intercity coaches, 123 electric U11DD double deckers and electric wide body airside buses.
Collectively, the 600 buses supplied by Pelican Engineering with support from HSBC UK are expected to save an estimated 27,600 tonnes of carbon dioxide emissions from British transport.
Pelican-supplied Yutong buses are in operation across the UK, servicing routes in Glasgow, Aberdeen, Inverness, Edinburgh, Carmarthen, Cardiff, Leicester, Newport, Leeds, Chesterfield, Stockton and Newcastle.
Richard Crump, managing director at Pelican Bus and Coach, said: “With this Green Loan and Sustainable Trade Instrument Facility extension, we can continue to support the transition to zero-emission public transport and we look forward to seeing these new buses serve communities nationwide.”
