A Panel of industry experts that include the California Energy Commission (CEC), Pacific Gas and Electric (PG&E), several California air quality districts, school transportation professionals, A-Z Bus Sales, and ADOMANI® are helping school districts understand the value zero-emission buses bring to their schools and communities in a webinar hosted by School Transportation News.
CORONA, CA / ACCESSWIRE / May 25, 2018 / ADOMANI, Inc. (NASDAQ: ADOM) today announced its joint effort with CEC, PG&E, local air quality districts, and A-Z Bus Sales to conduct the first California webinar on electric school buses Powered by ADOMANI.® The expert panel discussion, hosted by School Transportation News, designed to help school districts better understand the more than $800 million available for electric vehicle purchases in the State of California, including a significant portion for school buses. Additionally, the experts will address questions about infrastructure and electric school bus technology, such as Blue Bird's Type C and Type D electric school buses. The webinar will take place at 10 a.m. (PT) on Thursday, May 31, 2018. Interested participants may register via School Transportation News' webinar page.
Currently, California and New York lead the nation in adopting zero-emission school buses, with other states showing significant interest. Bloomberg News noted that by 2025, it anticipates that half of the bus fleets in the world will operate on electric power, and that California cities such as Los Angeles and San Jose have expressed great interest in shifting from diesel and natural gas-powered buses to zero-emission models. ''People are beginning to realize the value of zero-emission electric school buses, especially in light of the risks associated with the exhaust that children breathe while riding in school buses powered by fossil fuels such as diesel and natural gas,'' said Rick Eckert, Chief Operations Officer of ADOMANI.® ''While interest in electric vehicles is growing on a global scale, this webinar focuses on funding that ranges from $150,000 to $220,000 per zero-emission school bus for California school districts; how schools can purchase school buses with the funds; and questions about the all-electric school bus technology.''
''We are seeing an increasing number of orders for electric school buses,'' said Jim Reynolds, President, and CEO of ADOMANI.® ''We're looking at this webinar as an opportunity to help California school districts understand how they can apply for available grant money as well as help them better understand the tremendous value of zero-emission vehicles and the impact they have on air quality, community health, and the districts' total cost of ownership.''
''Blue Bird electric school buses will start delivery this summer, and as the only U.S.-based OEM delivering electric school buses in 2018, we are seeing tremendous interest and activity in them,'' said John Landherr, President and CEO of A-Z Bus Sales, Inc., the California Blue Bird dealer. He continued by saying, ''A-Z Bus is focused on assisting California school districts access the unprecedented amount of funds available in the coming months and years for school bus replacements with exciting new zero-emission technology.''
About ADOMANI®
ADOMANI, Inc. is a provider of zero-emission electric and hybrid vehicles and replacement drivetrains that is focused on reducing the total cost of vehicle ownership. ADOMANI® drivetrain systems are designed to help fleet operators unlock the benefits of green technology and address the challenges of traditional fuel price cost instability and local, state and federal environmental regulatory compliance. ADOMANI® designs and causes to be designed advanced zero-emission electric and hybrid drivetrain systems for integration in new school buses and medium to heavy-duty commercial fleet vehicles. For more information visit www.ADOMANIelectric.com.
Cautionary Statement Regarding Forward Looking Statements
Statements made in this press release that relate to future plans, events, financial results, prospects or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. While they are based on the current expectations and beliefs of management, such forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from the expectations expressed in this press release, including the risks and uncertainties disclosed in reports filed by ADOMANI® with the Securities and Exchange Commission, all of which are available online at www.sec.gov. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words ''planned,'' ''expects,'' ''believes,'' ''strategy,'' ''opportunity,'' ''anticipates,'' ''outlook,'' ''designed'' and similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except as required by law, ADOMANI® undertakes no obligation to update or revise any forward-looking statements to reflect new information, changed circumstances or unanticipated events.
Contact Information
Investor Relations Contacts:
Michael K. Menerey, Chief Financial Officer
Telephone: (951) 407-9860 ext 205
Email: [email protected]
Kevin Kanning, VP Investor Relations
Telephone: (650) 533-7629
Email: [email protected]
James Carbonara, Hayden IR
Telephone: (646) 755-7412
Email: [email protected]
SOURCE: ADOMANI, Inc.