![](https://investorshub.advfn.com/uicon/312500.png?cb=1559685747)
Thursday, June 01, 2023 11:22:21 AM
Electric Vehicle Lion
A Lion electric school bus is seen on display in Austin, Texas, Wednesday, Feb. 22, 2023. Eric Gay | AP Photo?
By Tom Gantert | The Center Square
Apr 24, 2023
(The Center Square) - The U.S. Environmental Protection Agency said Monday it had at least $400 million in grants to help school districts pay for alternative-energy school buses.
The grants are part of President Joe Biden's agenda to provide $5 billion to "transform the nation's fleet of school buses." Last year the Biden administration awarded nearly $1 billion to fund electric and low-emission buses for school districts.
For example, in 2018, the Seattle Public Schools passed a resolution stating it would be "fossil-fuel free" by 2040. That resolution stated, "All new district vehicles purchased after April 10, 2021 will be either zero-emission or, if zero-emission is not possible, the vehicle will produce the lowest-possible emissions."
The School District of Philadelphia stated it plans to purchase 47 alternative fuel buses this year. The district had 349 diesel, 16 gas and five electric buses at the start of the 2022-23 school year.
Traditional diesel school buses cost about $90,000 on average while electric school buses cost about $290,000, according to Gregory Poole Equipment Company, which sells school buses in North and South Carolina.
“President Biden and Vice President Harris believe our kids deserve cleaner school buses, which will improve the health of communities and reduce emissions,” said Mitch Landrieu in a media release. He's senior advisor to the president and White House infrastructure coordinator. “Communities will also benefit from cleaner air and energy savings by replacing old, dirty diesel school buses with cleaner alternatives.”
Recent KOAN News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:31:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 02:38:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:15:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 04:51:05 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:03:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 10:28:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 08:22:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 11:03:56 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2023 10:05:51 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 03:08:06 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM