Federal Transit Administration to Help Electrify Bus Fleets – SmartCities Dive
By Dan Zukowski
Since the passage of the Infrastructure Investment and Jobs Act in 2021, the FTA has made over $20 billion in grants available for bus purchases and supporting infrastructure. But as transit agencies jumped on the opportunity to electrify their fleets, manufacturers facing supply chain problems, worker shortages and financial challenges struggled to meet the booming demand for clean buses.
Last year, California-based electric bus maker Proterra filed for Chapter 11 bankruptcy; NFI Group, the Canadian manufacturer of New Flyer buses, undertook a $444 million refinancing plan; and Nova Bus said it would pull out of the U.S. market and close its manufacturing facility in Plattsburgh, New York.
Meanwhile, transit agencies have faced price increases and extended delivery times, the FTA said in its Feb. 7 letter.