BYD Offers Assistance with Federal Grant Applications

Rhea-AI Summary

The Federal Transit Administration announced the availability of $180 million through the Low or No Emission (Low-No) Program, aimed at supporting energy-efficient vehicles. California-based BYD is positioned to assist transit agencies in applying for these competitive grants. With over 1,000 electric buses on the road, BYD's Lancaster facility is highlighted as a key resource for transit agencies transitioning to zero-emission fleets. BYD has previously secured over $10 million in grants for customers and offers various electric bus models compliant with U.S. regulations.

Positive

• BYD positioned as the leader in zero-emission electric buses with over 1,000 vehicles on the road.
• Successfully assisted clients in securing over $10 million in grants through the previous Low-No program.
• Wide range of compliant electric bus models and infrastructure available for transit agencies.

Negative

• None.

The Federal Transit Administration recently announced $180 million will be available through its competitive Low or No Emission (Low-No) Program and California-based BYD “Build Your Dreams” stands ready to help transit agencies navigate the application process.

The Low-No program exists to support the nation’s transition to energy-efficient vehicles such as those manufactured in BYD’s Lancaster, California plant. As the industry leader in zero emission electric buses, and with over 1,000 vehicles on the road and/or in production, BYD, the Official Sponsor of Mother Nature, is the best USA electric bus manufacturing partner of choice for the Low-No grant program.

“We’re proud to have helped secure over $10 million for our customers through last year’s Low-No grant program,” said BYD North America Senior Vice President Patrick Duan. “Having experts with a successful track record to assist transit agencies can make all the difference with these competitive grants.”

Low-No funding can be used to purchase and/or lease BYD’s full line of zero-emission transit buses, including acquisition, construction, and leasing of supporting charging facilities. We encourage transit agencies across the US to inquire on all other innovative financial options available to assist them in the transition to fully electrify their fleets.

BYD can provide various electric bus models, infrastructure, and technology to help communities transition to zero-emission buses. BYD bus and motor coach models meet all Buy America and FMVSS Rolling Stock requirements. Our bus and motor coach models range from 23 feet to 60 feet in length including our two double-decker options.

Transit agencies interested in partnering and receiving BYD’s grant writing expertise should complete our initial questionnaire: https://en.byd.com/bus/lo-no-questionnaire/

ABOUT BYD

The Official Sponsor of Mother Nature™, BYD, the world’s leading electric vehicle company, is dedicated to creating a “total solution.” Globally, BYD has committed to corporate social responsibility, deeply monitoring our supply chain in terms of human rights, environmental safety, hazardous substance control and intellectual property rights. We only select suppliers who share our commitment to just labor practices, human rights standards and the environment.

For more information, please visit byd.com or follow BYD on LinkedIn, Twitter, Facebook and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005143/en/

FAQ

What is the Low or No Emission (Low-No) Program funding available for BYDDF?

The Low-No program has $180 million available to assist transit agencies in acquiring energy-efficient vehicles, including zero-emission buses from BYD.

How has BYDDF assisted customers with the Low-No grant program?

BYD has helped secure over $10 million for customers through the previous year's Low-No grant program.

What types of electric buses does BYDDF offer?

BYD offers a full line of zero-emission transit buses ranging from 23 to 60 feet, including double-decker models.

Where are BYDDF's electric buses manufactured?

BYD's electric buses are manufactured at its facility in Lancaster, California.

How can transit agencies apply for assistance with the Low-No grants through BYDDF?

Transit agencies can complete an initial questionnaire on BYD's website to receive grant writing expertise and assistance.