© Reuters. What’s Going On With School Bus Manufacturer Blue Bird Shares Today?
Benzinga – by Nabaparna Bhattacharya, Benzinga Editor.
Blue Bird Corporation (NASDAQ: BLBD) shares are buying and selling decrease on Wednesday.
The firm stated it’s supplying 23 electrical faculty buses to Carter County Schools (CCS) in Kentucky.
The zero-emission automobiles mark a “new period of unpolluted scholar transportation” for the varsity district, the corporate stated. CCS operates eleven colleges serving roughly 4,200 college students.
The electrical bus options an prolonged vary, quicker battery charging, and elevated seating capability.
Blue Bird’s most superior Vision electrical faculty bus carries a higher-capacity battery of 196kWh, a greater than 25% capability improve in comparison with the earlier mannequin bus.
The compact and light-weight batteries contribute to improved effectivity and a automobile weight discount of roughly 1,000 lbs.
In flip, Blue Bird elevated the seating capability of its new Vision electrical bus to 77 passengers, up from 72 passengers.
CCS obtained a $9.09 million grant by means of the U.S. Environmental Protection Agency’s (EPA) 2022 Clean School Bus Rebate Program to buy its Blue Bird electrical faculty bus fleet.
Last 12 months, the EPA awarded practically $1 billion in funding to high school districts throughout all 50 U.S. states for greater than 2,400 clear faculty buses.
In 2023, the EPA plans to supply an extra $1 billion in funding for low- and zero-emission faculty buses.
Read Next: What’s Going On With Blockchain Technology Company BTC Digital Today?
Price Action: BLBD shares are buying and selling decrease by 4.19% to $25.21 on the final examine Wednesday.
Photo through Company
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
Read the original article on Benzinga
