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Envirotech Vehicles Announces EPA Clean School Bus Grant Program Award of $8.57 Million for 25 of its Fully Electric School Buses
OSCEOLA, AR / ACCESSWIRE / January 25, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), ("EVTV" or "the Company"), announced today that the United States
About this update from Envirotech Vehicles, Inc.
[{"type":"text","content":"OSCEOLA, AR / ACCESSWIRE / January 25, 2024 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), (\"EVTV\" or \"the Company\"), announced today that the United States Environmental Protection Agency (EPA) has awarded EVTV $8.57 million for the provision of 25 of its Bumble Bee fully electric school buses. The awards are on behalf of eight school districts across Arkansas and Texas for which the Company acted as grant-writer during the competitive 2023 Clean School Bus (CSB) Grant Program application process.Phillip Oldridge, Chief Executive Officer of Envirotech Vehicles, commented, \"We are proud to have secured these awards for our Bumble Bee fully electric school bus on behalf of our eight school district partners. The EPA Clean School Bus Program is a distinguished and historic program that is serving to kickstart the much needed electrification of the school bus fleet in the United States. We look forward to playing a role in this by supporting our new partners in their endeavor to bring a cleaner, healthier form of transportation for the youth in their communities.\"EVTV announced in November 2023 that it had launched its innovative Bumble Bee fully electric school bus for pre-order, with deliveries on track to begin in the third quarter of 2024. The vehicle features seating for up to 85 passengers including the driver and a full pass-through storage compartment, and will come in two variants, including a long range model.On January 8, 2024, the EPA announced the selection of 67 applicants to receive nearly $1 billion through its first CSB Grants Competition. The awards will help recipients purchase more than 2,700 clean school buses, spanning across 280 school districts and 37 states. When combined with the inaugural installment in 2022 of the five-year EPA CSB Program, a total of nearly $2 billion has been awarded to fund the deployment of 5,000 electric and low-emission school buses across the United States. In addition to the CSB Grant program, the EPA opened up the application process for the 2023 CSB Rebate program in the fall of 2023. This program is expected to award at least $500 million in funding under the 2023 rebate program, with recipients expected to be notified in April 2024.About Envirotech VehiclesEnvirotech Vehicles, Inc. is a provider of purpose-built, zero-emission electric vehicles focused on reducing the total...