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Following the summit in early February, officials in attendance discuss the importance of the event, as well as the changes that resulted from the event.
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Metrolink received about $148 million from the South Coast AQMD to purchase new railcars, while Metra tapped Stadler for zero-emission, battery-powered trainsets.
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With their double-deck design, they will maximize passenger capacity on this important commuter connection while cutting out local emissions. They will join two earlier Enviro500EV pilot buses delivered in 2021.
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The acquisition of the new, all-electric bus was made possible through funding from the Volkswagen Environmental Mitigation Trust.
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FTA's bus funding represents the third bus grant package since President Biden signed BIL, which has invested more than $3.3 billion in American transit buses and the infrastructure that supports them.
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Upon Administrator Fernandez’s departure from FTA on February 24, FTA Deputy Administrator Veronica Vanterpool will serve as acting administrator.
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Cordes & Company, in its capacity as receiver of Lightning eMotors, entered into an Asset Purchase Agreement to sell substantially all of the assets of the company for $12.6 million in cash, subject to adjustment.
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President Biden’s Bipartisan Infrastructure Law, invests $5.6 billion to support the purchase of cleaner American-made transit buses, train the transit workforce, and upgrade fueling and maintenance infrastructure.
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The acquisition, which was made at a purchase price of $210 million before adjustment for inventory level at closing and was first announced in November, includes a development center for battery modules and packs in California and an assembly factory in Greer, S.C.
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Business is expected to be substantially completed by the end of fiscal year 2024, once existing customer orders are completed and delivered, according to the company.
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