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The German city will implement charging systems from Siemens Smart Infrastructure along the routes as well as at the Lindenau bus depot with the e-buses scheduled to go into operation in 2021.

More than 150 electric buses will be introduced in the region covering Gothenburg, Mölndal and Partille, where 180 million trips are made by bus each year.

Keolis’ Dutch subsidiary will support the three transport authorities in the transition to greener mobility and will replace the existing diesel buses with 300 fully electric ones.

The 12km line will be 100 per cent electric and will connect the French cities of Bayonne and Biarritz in 30 minutes and be operated by Keolis.

Neuron’s modular vehicle could serve as a mini-bus, transit bus or an articulated bus and is part of the company’s vision to use vehicle technology to help build smart cities.

The $24bn deal includes lease financing-based fixed income products through Seven Stars Cloud blockchain ecosystem