Blue Bird Commends EPA for Funding Clean School Bus Rebates to Accelerate Adoption of Zero-Emission School Transportation

MACON, Ga.–()–Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses, applauds today’s announcement by the U.S. Environmental Protection Agency (EPA) to provide landmark funding for more than 2,400 school district-specific school buses spanning all 50 U.S. states, multiple U.S. tribes and territories. 95% of buses will be zero-emission electric vehicles.

EPA selected 389 applications prioritizing low-income, rural and tribal communities. Vast majority of recipients meet priority definition under EPA’s 2022 Clean School Bus Rebates program, providing access to more funding for buses and electric vehicle infrastructure for schools in areas that need it the most.

“Today’s historic funding announcement from the EPA is accelerating the adoption of clean school transportation in the United States. This is a major step in reducing harmful greenhouse gas emissions and prioritizing student and community health,” said Matthew Stevenson, President and CEO of Blue Bird Corporation. “As the industry leader in zero- and low-emission school buses, Blue Bird continues to expand electric school bus production to 20 vehicles per day by the end of 2023 to meet growing demand from United States.”

The 2022 Clean School Bus Rebate Program is part of the bipartisan Infrastructure Act (BIL) that provides a total of $5 billion over five years for clean school bus transportation. In September 2022, the EPA announced that it had nearly doubled the amount of first-round funding to $965 million. The rebate program accelerates the replacement of diesel-powered school buses with zero- or low-emission school buses. The funds will also help school districts and other eligible participants establish the required clean energy infrastructure.

Blue Bird is the only US-owned and operated school bus manufacturer. The company manufactures its school buses in Fort Valley, Georgia. Switching to clean school transportation helps Blue Bird support approx. 2,000 well-paying jobs.

About Blue Bird Corporation

Blue Bird (NASDAQ: BLBD) has been recognized as a school bus technology leader and innovator since its founding in 1927. Our dedicated team members design, engineer and manufacture school buses with a particular focus on safety, reliability and durability. Blue Bird buses carry the world’s most valuable cargo – the majority of 25 million children twice a day – making us the most trusted brand in the industry. The company is the recognized leader in low- and zero-emission school buses with more than 20,000 propane, natural gas and electric buses in service today. Blue Bird is transforming the student transportation industry with cleaner energy solutions. For more information on Blue Bird’s comprehensive portfolio of products and services, visit www.blue-bird.com.