Blue Bird is flying high while other EV stocks are hitting turbulence. With a stock price that has doubled in the last year, Blue Bird is proving skeptics wrong by outperforming big names like Polestar and Fisker. The company’s success is attributed to its profitable EV model, positive union relationships, and commitment to safety features that are both affordable and essential for school buses. Blue Bird is revolutionizing the industry with plans to produce thousands of electric buses and a new EV chassis line for last-mile delivery vans. The future looks electric for Blue Bird as they gear up to deliver their 2,000th all-electric bus this summer, taking advantage of incentives to electrify school districts and create a safer environment for children and bus drivers.
# What?
Blue Bird, the Georgia-based bus brand, is defying the EV sales slump by experiencing a remarkable surge in its stock price, climbing over 111% in the last year. This success comes amidst a challenging period for EV stocks in the market.
# Why does it matter?
While other EV companies are facing difficulties, Blue Bird’s stock is soaring due to its profitable EV business model, strong union relationships, and focus on affordable safety features for its electric buses. The company’s innovative approach to zero-emission buses and plans to expand its electric bus production signify a promising future in the electric vehicle industry.
# How is it going to shape the future?
Blue Bird’s commitment to electric buses and safety features is not only boosting its stock price but also aligning with efforts to reduce air pollution in school districts. By leveraging incentives to electrify school buses, Blue Bird is revolutionizing the industry and creating a safer environment for children and bus drivers. Investors and industry observers are taking note of Blue Bird’s success and innovative strategies, positioning the company as a key player in the future of electric vehicles.