The company announced that Britton Smith will replace Phil Horlock as the new CEO on September 29, 2024. Doug Grimm has been appointed Chairman, effective immediately.

The company cut 300 jobs in the U.S. and Canada amid financial pressure as it seeks profitability. The cuts came in the manufacturing and administrative segments of the business.

The funding will cover both the purchase of electric buses and the installation of necessary charging infrastructure. Each school bus can receive up to USD 470,000 in grants, which includes up to USD 95,000 for charging infrastructure.

In this new management role, Oh will be tasked with leading the enterprise digital and information technology department at the company.

Generative AI is a type of artificial intelligence used to create entirely new solutions within a specific field.

Moreover, Thomas Built Buses has announced that its new Type D buses will now be produced in Archdale, North Carolina rather than at High Point.

The acquisition is expected to leverage the expertise of the Roberto Nuti Group to enhance SI Airsprings product offerings as well as strengthen its global market position.

Four Type A Nano Beast school buses have been delivered to Cabell County, Clay County, Kanawha County and Monongalia County school districts in West Virginia.

155 Iveco 15-210 ORE 3 school buses have been delivered to the Government of Pernambuco to date.

June saw Knorr-Bremse open a new manufacturing plant in Dalian in China’s Liaoning province, as it looks to increase its share of the local market for commercial vehicle braking systems.

According to Shawn Furman, Sales Manager for Optimal EV’s transit business, who spoke to T&BB at the latest ACT Expo, the company has preferred to keep a low profile over the last couple of years, especially given the bad press which EVs are receiving. While competitors such as Lightning eMotors have gone under, Optimal EV has been quietly working away on its main offerings, an electric chassis-cab and a battery electric low floor shuttle bus.

Among the most requested modifications in 2023 were to the light VW Delivery 4x4 truck model, and the Volksbus bus chassis.