The Lion Electric Company (Lion), an all-electric medium and heavy-duty urban vehicles manufacturer, has been awarded $38 million for 97 school buses and related charging infrastructure as part of the U.S. Environmental Protection Agency’s Clean School Bus Program.
Under this latest round of awards, the EPA has doubled its funding amount – allocating nearly $1 billion to 67 applicants. According to the EPA, these awards are projected to facilitate the purchase of more than 2,700 clean school buses in 280 school districts that serve over 7 million students across 37 states.
“The ongoing investment from the federal government for cleaner school buses will tangibly contribute to the well-being of our children and communities, reduce greenhouse gas emissions, and increase the number of electric school buses on American roads,” said Nicolas Brunet, President of Lion.
Approximately 70% of all units awarded under this round of the program have been directly granted to school districts, financial entities, and third-party contractors.
In addition to this round of financing, the EPA is currently accepting applications for the 2023 Clean School Bus Rebate Program, which the agency expects to award at least $500 million in funding under this round by April 2024.