Blue Bird Corporation Secures $80 Million DOE Grant for Electric Vehicle Expansion

Thursday, 11 July 2024, 18:06

Blue Bird Corporation has successfully secured an $80 million grant from the Department of Energy (DOE) to enhance its electric vehicle manufacturing capacity in Fort Valley, Georgia. The news has propelled the company's stock price, resulting in a significant 5.85% increase in share value. This strategic move highlights Blue Bird's commitment to sustainable transportation solutions and its focus on expanding its presence in the electric vehicle market.

Seeking Alpha — Blue Bird Corporation Secures $80 Million DOE Grant for Electric Vehicle Expansion

Blue Bird Corporation: Transforming Electric Vehicle Manufacturing

Blue Bird Corporation recently announced groundbreaking news regarding its electric vehicle manufacturing capabilities.

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$80 million Grant: Secured from the DOE to expand manufacturing
Location: Fort Valley, Georgia
Impact: Shares surge by 5.85%

With a clear emphasis on sustainability and innovation, Blue Bird's latest move underscores its dedication to driving progress in the electric vehicle sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Blue Bird Corporation: Transforming Electric Vehicle Manufacturing

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