STOCK TITAN

Dallas Fort Worth International Airport Orders Fleet of ENC® Axess® Zero-Emission Buses

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

REV Group Inc., through its subsidiary ElDorado National, has secured an order from Dallas Fort Worth International Airport for 22 Axess CNG buses and 4 Axess EVO-BE Battery Electric buses. This acquisition aims to enhance DFW's sustainability efforts, as it is the first carbon-neutral airport in North America. The buses are expected to be delivered by Summer 2023. Jason Moore, VP of ENC, emphasized the commitment to low-emission technologies, while DFW aims for net-zero carbon emissions by 2030.

Positive
  • Secured an order for 22 Axess CNG buses and 4 Battery Electric buses, expanding market reach.
  • Contribution to DFW's sustainability goals as a carbon-neutral airport, enhancing company's reputation.
  • Next-generation Axess EVO-BE buses provide innovative zero-emission technology.
Negative
  • None.

RIVERSIDE, Calif.--(BUSINESS WIRE)-- ElDorado National (California), Inc. or ENC, a subsidiary of REV Group Inc. and an industry leader in heavy-duty transit buses and emission free technology, announces Dallas Fort Worth International Airport (DFW) has ordered 22 of its 40' Axess CNG-powered buses and four of its new 40' Axess EVO-BE™ Battery Electric buses.

Four ENC Axess EVO-BE Battery Electric Buses will arrive at Dallas Fort Worth in 2023. DFW, one of the largest airports in the world, is the first carbon neutral airport in North America. This new fleet of ENC buses is part of the airport’s ongoing efforts to maintain this status. (Photo: Business Wire)

Four ENC Axess EVO-BE Battery Electric Buses will arrive at Dallas Fort Worth in 2023. DFW, one of the largest airports in the world, is the first carbon neutral airport in North America. This new fleet of ENC buses is part of the airport’s ongoing efforts to maintain this status. (Photo: Business Wire)

DFW, one of the largest airports in the world, is the first carbon neutral airport in North America. This new fleet of ENC buses is part of the airport’s ongoing efforts to maintain this status. This fleet of Axess buses, ordered through Creative Bus Sales, ENC’s largest dealer in North America, is expected to be delivered to DFW in Summer 2023.

ENC’s Axess platform delivers industry-leading performance and safety and features a low floor making it an ideal choice for airports. Axess buses are in operation at 33 airports around the country. The new Axess EVO-BE™ is the next generation in ENC’s line of zero emission battery electric buses which is purpose built for every transit and shuttle application, and available with an industry-leading 738 kWh of battery energy storage.

“For over 40 years, ENC has been a leader in low-emission and alternative energy buses,” said Jason Moore, Vice President and General Manager of ENC. “We are excited to introduce our next-generation Axess EVO-BE bus and supply one of the largest, most advanced airports in the world with this zero-emission technology.”

“At DFW, we are committed to reducing our environmental impact and leading the industry with our sustainability efforts,” said Ken Buchanan, EVP Revenue Management and Customer Experience. “Over 70 million travelers pass through our airport every year, and we continue to focus on using renewable energy sources to safely transport them while we focus to reduce carbon emissions and achieve the goal of net-zero by 2030.”

ENC recently announced its next generation of Battery Electric and Hydrogen Fuel Cell Electric buses which utilize a common structural platform, propulsion system and technologies, with over 90 percent commonality. This provides a simpler solution of aftermarket support, employee training and maintenance for our customers that currently or in the future operate a mixed Battery Electric and Hydrogen Fuel Cell Electric fleet.

ENC’s Axess EVO-BE, EVO-FC, and CNG-powered buses are now available for order. Learn more at https://www.eldorado-ca.com/.

About ElDorado National (California), Inc.

ENC, a subsidiary of REV Group Inc., has manufactured low floor and standard floor buses for over 45 years to public transit/paratransit, airport, and university transportation markets. ENC is best known in the industry for its customizable options including thousands of floorplan configurations, as well as ensuring unparalleled manufacturing and safety standards. All ENC® models pass a comprehensive series of durability and crash tests. ENC manufactures the greenest buses in the industry including the zero emission Axess® Hydrogen Fuel Cell and Axess Battery Electric buses. All buses are crafted in the state-of-the-art 227,000 square-foot, ISO 9001 certified production facility in Riverside, California.

About REV Group, Inc.

REV Group companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG

About Dallas Fort Worth Airport

Dallas Fort Worth International (DFW) Airport is one of the most connected airports in the world. Centered between owner cities Dallas and Fort Worth, Texas, DFW Airport also serves as a major job generator for the North Texas region by connecting people through business and leisure travel.

Julie Nuernberg | Director of PR & Social Media

REV Group

+1.262.389.8620 (mobile)

julie.nuernberg@revgroup.com

Source: REV Group Inc.

FAQ

What is the recent order by REV Group Inc. related to DFW?

REV Group Inc. secured an order for 22 Axess CNG buses and 4 Axess EVO-BE Battery Electric buses from Dallas Fort Worth International Airport.

When will the buses ordered by DFW be delivered?

The buses are expected to be delivered to DFW in Summer 2023.

What is the significance of DFW International Airport’s order for REV Group Inc.?

The order supports DFW's sustainability efforts as it is North America's first carbon-neutral airport, enhancing REV Group's market position.

What features do the Axess EVO-BE buses have?

The Axess EVO-BE buses are equipped with up to 738 kWh of battery energy storage and are designed for zero-emission transit applications.

REV Group, Inc.

NYSE:REVG

REVG Rankings

REVG Latest News

REVG Stock Data

1.58B
50.73M
2.37%
103.1%
5.45%
Farm & Heavy Construction Machinery
Motor Vehicles & Passenger Car Bodies
Link
United States of America
BROOKFIELD