Despite a 58% decrease in revenue attributed to lower sales orders, the company achieved improved margins. Selling, general, and administrative expenses decreased by 4%, while research and development expenses were down by 24.3%.
Zum and Oakland Unified School District introduce the first 100% electric school bus fleet in the U.S., equipped with bidirectional chargers for grid support. This groundbreaking initiative aims to reduce emissions, improve air quality, and enhance grid resilience, setting a precedent for sustainable student transportation nationwide.
The next generation of Isuzu’s medium duty trucks will include a battery electric vehicle that advances Isuzu’s commitment to reducing greenhouse gases.
Evergreen Waste Services plans to use bi-directional charging to charge its five new Mack LR refuse trucks during off-peak hours.
The Canada Infrastructure Bank has forged a $50 million loan agreement with Highland Electric Fleets to facilitate the procurement of zero-emission school buses nationwide.
Eaton and BAE Systems are expanding their research and development collaboration to include battery-electric truck powertrains.
The award, from the Smart Electric Power Alliance, recognizes a project to bring electric school buses to the Bronx in New York City.
A Southern California drayage feel has deployed 41 Volvo VNR Electric trucks hauling freight in and around Long Beach.
The electric van and truck manufacturer partners with Pritchard EV, a national commercial dealer in fleet sales and a pioneer in commercial EV sales.
Starting at $51,095, before local, state, and federal EV incentives, the E-Transit is eligible for the federal $7,500 federal tax credit and can help fleets reduce TOC.
Under California’s HVIP, the Mullen Three EV truck, with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000. Plus, there is an available $7,500 federal tax credit.
The six buses are the first deployed in Pennsylvania with funds from the U.S. Environmental Protection Agency's Clean School Bus Program.
Synop customers can utilize the new Fleet Driver Mobile App to make instant EV charging payments. Additionally, fleet operators can generate revenue by opening their charging depot to commercial customers.
The Q1 2024 decline in electric vehicle sales was the first quarter-over-quarter downturn since Q2 2020.
During fiscal year 2024, GreenPower reports that it delivered 29 Type D BEAST and 12 Type A Nano BEAST school buses across the country, for a total of 41 deliveries, an increase of 356% from the previous fiscal year.