GILLIG buses are known for their unmatched quality and have earned their reputation as the lowest-cost buses to maintain and operate. In April 2024, Gillig announced that they would be making hydrogen-electric buses in collaboration with BAE Systems and Ballard Power Systems, positioning the company for growth in zero-emission propulsion technologies. In February 2024, Gillig announced that its Gerco subsidiary had acquired select assets of bankrupt battery and commercial vehicle company Lightning eMotors and would open a powertrain engineering center.
Gillig holds a commanding #2 market position in North America's heavy-duty transit bus segment with ~31% market share and produces 1,200–1,300 buses annually. Strategic investments in zero-emission technologies (battery electric, hydrogen-electric) and powertrain engineering via Lightning eMotors acquisition position the company well for the energy-transition imperative in public transit. However, as a private company without disclosed financials, full visibility into capital structure and profitability remains constrained.
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