 Under this agreement, PEPS will produce the technologies developed by TM4 under license and will market them to the commercial vehicle and bus industry (the TM4 SUMO systems).In 2014, TM4 and PEPS announced the beginning of high volume production in the Beijing plant as well as its first large scale commercial orders, from major Chinese bus manufacturers such as Foton Motor.In May 2017, it was announced that PEPS had produced and sold more than 5000 electric bus powertrains for the Chinese market.