- Blue Bird Corp BLBD disclosed that Modesto City Schools in California purchased 30 zero-emission school buses, denoting the company's single largest order of electric school buses from a school district.
- Modesto City purchased Blue Bird All American Type D electric school buses.
- The order will facilitate the school district to convert nearly 50% of its diesel-powered bus fleet to clean energy.
- The district anticipates delivery of the zero-emission vehicles in Q4 of 2022.
- Blue Bird's electric school buses were partially funded by California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).
- Price Action: BLBD shares are trading higher by 1.85% at $20.88 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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