With this contract award and the other successes in the US, Germany, Italy, Austria, and Lithuania, Stadler once again confirms its position in alternative and ecological drive systems with batteries and hydrogen as over 150 trains with battery or hydrogen drives have been sold to date.
The acquisition of the new, all-electric bus was made possible through funding from the Volkswagen Environmental Mitigation Trust.
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.
Upon Administrator Fernandez’s departure from FTA on February 24, FTA Deputy Administrator Veronica Vanterpool will serve as acting administrator.
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.