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Thomas Built Buses Delivers 50th Proterra Powered Electric School Bus
May 5, 2021 GMT
Proterra Logo (PRNewsFoto/Proterra) (PRNewsfoto/Proterra)
HIGH POINT, N.C. and BURLINGAME, Calif., May 5, 2021 /PRNewswire/ Thomas Built Buses (TBB), a leading manufacturer of school buses in North America, its exclusive Virginia dealer, Sonny Merryman Inc., and Proterra Inc (“Proterra”), a leading innovator in commercial vehicle electrification technology, this week celebrated the delivery of the 50th Saf-T-Liner C2 Jouley battery-electric school bus. The milestone delivery went to Loudon County Public Schools in Virginia as part of phase one of Dominion Energy’s Electric School Bus Initiative.
Arclight Clean Transition Corp (NASDAQ:ACTC) stock price is up 10% during pre-market on Wednesday, following the biggest E-school bus deal in U.S.
The Board of Education in Maryland’s Montgomery County voted unanimously on Tuesday evening to approve a 16-year, $169 million contract to lease 326 buses, part of a plan that could result in the county replacing its entire 1,422-bus fleet over the next 20 years.
The vehicles will be built by Thomas Built Buses Inc. and Proterra. Proterra is an electric vehicle (EV) company with a focus on buses. Proterra announced on Jan. 12 a plan to go public with the help of Boston-based ArcLight Clean Transition Corp.,a special purpose acquisition company (SPAC).
Biggest Electric School Bus Deal in US Approved in Maryland
A SAF T- Liner EC2 electric school bus, manufactured by Thomas Built Buses. (Krisztian Bocsi/Bloomberg News)
A school system outside Washington is poised to become the nation’s biggest operator of electric school buses.
The Board of Education in Maryland’s Montgomery County voted unanimously Feb. 23 to approve a 16-year, $169 million contract to lease 326 buses, part of a plan that could result in the county replacing its entire 1,422-bus fleet over the next two decades.
The deal represents the largest municipal government order of any kind for buses, according to Monique Harris, a spokeswoman for Advanced Energy Economy, a business association that promotes clean energy use.