Deals Counterparts

Kinetic to deploy 165 electric buses and charging infrastructure in Auckland after securing Tranche 3 bus services tender

Development Transport tender Auckland, New Zealand Mar 10, 2026
USD121M
Deal Value
development
Stage
Tranche 3 bus services tender
Project

Transit operator Kinetic has secured all four units of Auckland Transport’s Tranche 3 bus services tender, valued at 755 million NZD (384.6 million euros). This contract will see Kinetic invest over 121 million NZD (€61.6 million) in electric buses and associated charging infrastructure, significantly expanding Auckland's electric public transport fleet.

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Deal Analysis

Kinetic has swept Auckland Transport's Tranche 3 bus services tender, securing all four units in a deal worth NZD 755 million. This isn't just about operating routes; the developer is committing over NZD 121 million to roll out 165 electric buses and build out the crucial charging infrastructure. For Auckland Transport, the council-controlled entity responsible for the city's public transport, this investment directly expands their electric fleet, accelerating the region's shift towards sustainable urban mobility. It's a concrete step in New Zealand's transport development, announced for 2026, focusing heavily on electrification.
  • Kinetic secured all four units of Auckland Transport's Tranche 3 tender.
  • NZD 755 million (€384.6 million) total contract value.
  • NZD 121 million (€61.6 million) investment in 165 electric buses and charging.
  • Auckland Transport, a council-controlled organisation, is the partner.

Source Intelligence

KEY DETAILS

Kinetic will invest more than NZD121 million (€61.6 million) in zero-emission buses as well as depot upgrades and expanded charging infrastructure. The contract covers all four units of Auckland Transport’s Tranche 3 bus services tender. The three central units will run for 11 years, while the eastern unit will operate for 8.6 years. Services for the central Auckland routes are scheduled to begin in July 2027. In total, Kinetic will operate 201 zero-emission buses over the life of the contract, including 125 new vehicles entering service in 2027. The new fleet will also include lightweight electric double-decker buses, designed using ‘advanced aerospace-grade aluminium technology.’ The deployment supports Auckland Transport’s Low Emission Bus Roadmap, which targets a fully zero-emission bus fleet in the city by 2035. This includes the installation of a second overhead gantry charging system at the company’s City depot, building on the country’s first large-scale gantry installation at Kinetic’s Glenfield facility.

Deal Size
Transit operator Kinetic has secured all four units of Auckland Transport’s Tranche 3 bus services tender, worth 755 million NZD (384.6 million euros).
Location
Kinetic to deploy 165 electric buses in Auckland; installation of a second overhead gantry charging system at the company’s City depot, building on the country’s first large-scale gantry installation at Kinetic’s Glenfield facility.
Announcement
10.03.2026 - 09:28
COD
Services in the eastern unit are scheduled to begin in December 2026
PARTIES MENTIONED IN SOURCE
K
Kinetic developer

"Transit operator Kinetic has secured all four units of Auckland Transport’s Tranche 3 bus services tender"

A
Auckland Transport buyer

"Auckland Transport’s Tranche 3 bus services tender"

high quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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