China City Industrial Group (CCIG), formerly known as CRRC Urban Transportation Co., Ltd, is set to acquire a 25 percent stake in Industria Italiana Autobus, which will undergo a name change to Menarinibus. CCIG, a mixed-ownership, state-owned enterprise established as a joint venture between CRRC and local state capital and strategic investors, boasts a substantial presence in various industries including automotive, mechatronics, and energy storage systems. With over 10,000 employees and assets totaling nearly 50 billion yuan, CCIG is well-positioned to enter the European market. Their diverse bus portfolio includes electric, fuel cell, and diesel or gas models, showcasing technological advancements in sustainable transport. The partnership between Menarinibus and CCIG holds the potential to produce competitive buses for European markets, although the impact remains to be seen. While CCIG's expertise and resources are promising, the success of this venture will depend on various factors that will unfold in the coming days.