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(NGA), ADVANCED CELL TECH (ACTC) - Proterra, Lion Electric Land Electric School Bus Orders: What Investors Need To Know

Share: Two electric bus companies that are merging with SPACs landed new deals with school districts this week. Proterra Lands Large Order: Montgomery County in Maryland placed one of the largest electric bus orders ever seen in the U.S. market. The county, which is near Washington, D.C., covers 200 schools. The school district will switch its entire public school bus to electric school buses in a transition away from diesel-powered school buses, according to Electrek. The plan to replace 1,400 school buses is estimated to take 12 years. The buses will be manufactured by Thomas Built, a Daimler AG (Pink: DDAIF) unit.

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