EV Units: The company anticipates selling 1,000 to 1,300 EV units, with most sales expected in the second half of the fiscal year. The midpoint of this range is 1,150 EV units, a substantial increase over the 700 EVs expected for FY24. This represents a more than 60% increase in EV deliveries.
FY25
Stable Pricing: The company anticipates stable pricing, supported by its ability to implement price increases and manage costs. They implemented a price increase of $3,500 per bus for orders received after October 1, 2024.
Alternative Fuel Leadership: Blue Bird is the sole provider of propane-powered school buses, offering a unique advantage. They also hold a strong position in the EV market, with a growing number of buses on the road.
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