I started investing in EV school bus company BLBD at $9/share. Right before Biden was elected. I knew that if he won, a national conversion from internal combustion buses to electric would begin. Today, the stock is at $31. The EV school bus conversion is just beginning, and BLBD is well positioned for it.
Most school buses fleets are perfect for EV conversion. Routes and charging schedules are very predictable, and the lower EV bus maintenance costs offset the higher initial investment needed. And of course, with the Biden administration has come incentives. Another interesting thing to know is that a charged fleet of buses can be used to power a community in emergencies (this is called V2G, or Vehicle to Grid).
So far my investment has been very successful. $9 to $31, etc. BLBD just recieved a record order for 180 EV buses. They recently delivered their 1,500th EV bus. They now have an Electric Vehicle Build-up Center with an annual capacity of up to 5,000 electric school buses.
This company is like a mini version of TSLA. One of the few un-tapped opportunities remaining in the EV space. Sharing all this because I think it’s exciting. I’m an engineer, and I like the product they build. I like the stock, and I want them to succeed. Definitely check BLBD out, and let me know your thoughts.
