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The Series B funding will drive future product innovation and support expansion into new and existing markets.
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Purchase will help VVTA toward agency goal of 100% electric public transit by 2040.
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Under the terms of the public-private partnership, RIDOT will contribute $800,000 for the first year of operation.
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The company presently has orders for over 40 EV Star and EV Star Plus Min-eBuses.
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Adds an additional 76,000 square feet of space, bringing the total campus to nearly 400,000 square feet of manufacturing capacity.
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Discuss infrastructure needs, funding challenges, popularity of ride-hailing, microtransit, and bike-sharing.
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In addition to plant closures and layoffs, resources allocated to electric and autonomous vehicle programs will double in the next two years.
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The agency made a firm commitment to reach full zero-emission fleet status no later than 2040.
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MTD operates the second-largest active electric bus fleet in California with 14 fully battery-electric buses out of a total fleet of 112.
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The Toronto Transit Commission took delivery of the milestone vehicle, which is built in partnership with Nova Bus.
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