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Edison International (EIX) Q1 2021 Earnings Call Transcript


Edison International (EIX) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Edison International (NYSE: EIX)
Operator
Good afternoon, and welcome to the Edison International First Quarter 2021 Financial Teleconference. My name is Michelle, and I will be your operator today. [Operator Instructions]
I would now like to turn the call over to Mr. Sam Ramraj, Vice President of Investor Relations. Mr. Ramraj, you may begin your conference.SPONSORED:
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A $174 Billion EV Investment Would Transform the American Bus Market


The deployment of zero-emission buses in the US has lacked the impetus of the electrification efforts seen in China and Europe, as discussed in IDTechEx s report Electric, Hybrid and Fuel Cell Buses 2021-2040 . This is about to change. At the end of March 2021, the Biden Government announced a $2 trillion dollar package, The American Jobs Plan , which proposes a $174 billion investment in the US electric vehicle market. As part of this investment, the plan intends to directly promote the electric bus market, facilitating the replacement of 50,000 diesel transit buses with zero-emission buses, whilst also helping to electrify at least 20% of the nation s 480,000+ yellow school bus fleet. ....

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