Mach in Talks to Help Rescue Electric Vehicle Maker Lion
Mach Capital, the investment arm of Canadian real estate developer Groupe Mach, is in discussions to provide more funding to cash-strapped electric bus and truck manufacturer Lion Electric.
Canada’s Lion Electric Lays Off 10% of Workforce
Canadian medium- and heavy-duty electric truck and bus maker Lion Electric laid off 150 employees, or 10% of its workforce, it said Nov. 27.
In the Race to Electrification, Buses Are Leading the Pack
All over the world, buses are quickly and quietly going electric.
Government Awards $1 Billion to Schools for Electric Buses
Nearly 400 school districts spanning all 50 states and Washington, D.C., along with several tribes and U.S. territories, are receiving roughly $1 billion in grants to purchase about 2,500 “clean” school buses under a new federal program.
Democrats Push $25 Billion to Electrify School Buses
Democratic lawmakers are unveiling legislation that would invest $25 billion to convert the nation’s fleet of gasoline- and diesel-powered school buses to electric vehicles, aiming at a component of President Joe Biden’s $2.25 trillion infrastructure plan to improve children’s health.
Motorcoach Industry Seeks Federal Aid to Mitigate Losses
The 100-year-old over-the-road motorcoach industry is struggling for survival as most of the nation’s 36,000 buses are sitting in parking lots because of the COVID-19 pandemic.
Bus Industry Seeks More Recovery Relief
WASHINGTON — Lawmakers allocated $61 billion to airlines, $25 billion to transit and $1 billion for Amtrak in the roughly $2 trillion coronavirus rescue package, but the motorcoach industry, which includes charter buses, private transit buses and passenger buses, said it has been largely ignored.
San Diego MTS Launches $12.5 Million Electric Bus Pilot Program
Transit officials in San Diego are rolling out a new $12.5 million pilot program to test the region’s first electric buses.
Motorcoach Industry, Like Trucking, Faces Driver Shortage
Much is written about how the trucking industry loses drivers to other lines of work, but in some cases they’re not leaving to do something else — they’re leaving to drive something else: motorcoaches. Ironically, the bus industry is dealing with a driver shortage of its own.
Self-Driving Electric Shuttle Buses Will Be Introduced at University of Michigan
A pair of self-driving shuttle buses should begin motoring around Ann Arbor, Mich., later in April in an ambitious test of the new technology.