Modasa Expands Operations in North America with Canadian Market Entry Planned for 2026
Peruvian bus manufacturer Modasa is enhancing its international presence, targeting Canada and solidifying its U.S. market share. The company's strategy aims for a 30% growth in 2026, driven by exports and new energy solutions.
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Modasa plans to enter the Canadian market in 2026, adapting its product portfolio to meet specific technical standards and investing approximately $500,000 in compliance and development. The company reported a 120% increase in generator exports to the U.S. and aims for a 30% growth in this market next year.
In Latin America, Modasa anticipates delivering 111 buses to Chile and 50 units to Mexico in 2026 while expanding its presence in Argentina and Panama. The firm will invest between $6 million and $7 million in 2026 to enhance bus production capacity and develop new energy solutions, including high-capacity generators for data centers, with a launch planned for late 2026.
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