REV Group Bus Business, ElDorado National, Fuel Cell Buses Now Certified for Incentive Funding

Benzinga - Stock Market News

REV Group (NYSE:REVG) a manufacturer of industry-leading specialty
vehicle brands, has announced that its ElDorado National (ENC) Brand of
transit bus has received certification from the California Air Resources
Board (ARB) on its 40′ 2019 ENC Axess Fuel Cell (FC) bus. This bus is
now eligible for the California Hybrid and Zero-Emission Truck and Bus
Voucher Inventive Project (HVIP). California transit operators
purchasing this make and model bus can receive a voucher for $300,000
per bus.

The HVIP program was developed to help speed up the deployment of
low-emissions hybrid and zero-emissions trucks and buses, along with
vehicles equipped with low NOx engines by helping fleets purchase these
advanced technology vehicles with funding support.

The 2019 ENC Axess FC bus is available to help cities meet their
emission targets providing a range of 300+ miles with zero emissions,
water and heat are the only emissions. The USA designed and built bus
has more than 1,000,000 miles of transit validated service using the BAE
Systems electric propulsion system currently on more than 10,000 buses
worldwide. In October 2018, SunLine Transit in Thousand Palms,
California purchased five ENC Axess FC buses and was the first to
receive the $300,000 incentive for each zero-emission bus. For those
interested in fuel cell bus technology or this voucher program contact
Oscar Pardinas, ElDorado National at (805) 338-1867,

About Rev Group

REV (NYSE:REVG) is a leading designer, manufacturer and distributor of
specialty vehicles and related aftermarket parts and services. We serve
a diversified customer base primarily in the United States through three
segments: Fire & Emergency, Commercial and Recreation. We provide
customized vehicle solutions for applications including essential needs
(ambulances, fire apparatus, school buses and municipal transit buses),
industrial and commercial (terminal trucks, cut-away buses and street
sweepers) and consumer leisure (recreational vehicles (“RVs”), travel
trailers and luxury buses). Our brand portfolio consists of 29
well-established principal vehicle brands including many of the most
recognizable names within our served markets. Several of our brands
pioneered their specialty vehicle product categories and date back more
than 50 years. Investors-REVG

Leave a Reply