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.
Executive Editor of School Bus Fleet, Wes Platt, discusses the possible reclassification of marijuana, proposed changes to EV school bus safety standards, the EPA's Clean Heavy-Duty Vehicle Grant program, and PERC's new hire. Plus, an interview with Vinny Riscica, senior project manager for clean transportation at NYSERDA! This episode is sponsored by Thomas Built Buses, a leader in pupil transportation.
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.
Richard Staveley takes the lead at EO Charging, which is focused on charging solutions for depot-based fleets.