Blue Bird Delivers Its 1500th Electric School Bus
Portfolio Pulse from Benzinga Newsdesk
Blue Bird Corporation (NASDAQ:BLBD) has delivered its 1,500th electric, zero-emission school bus to Modesto City Schools in California. This marks an industry-leading milestone for the company. The transition to electric buses is part of the district's efforts to lower its carbon footprint. Blue Bird recently opened its Electric Vehicle (EV) Build-up Center, which will increase its production capacity to 5,000 electric school buses a year. The company's zero-emission school buses are powered by the electric PowerDrive 7000 system from Accelera by Cummins.
October 24, 2023 | 5:31 pm
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Blue Bird Corporation's delivery of its 1,500th electric school bus demonstrates its leadership in the electric school bus market. The company's recent opening of its EV Build-up Center indicates its commitment to expanding its production capacity, which could potentially increase its market share and revenues.
The news of Blue Bird Corporation's delivery of its 1,500th electric school bus and the opening of its EV Build-up Center is directly related to the company. These developments demonstrate the company's leadership in the electric school bus market and its commitment to expanding its production capacity. This could potentially increase its market share and revenues, which would likely have a positive impact on its stock price in the short term.
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