tiprankstipranks
Lightning eMotors: Class 3 Lightning ZEV3 van is ‘Buy America’ certified
The Fly

Lightning eMotors: Class 3 Lightning ZEV3 van is ‘Buy America’ certified

Lightning eMotors announced that its Class 3 Lightning ZEV3 all-electric passenger van is Buy America certified. This certification, along with Lightning’s recently announced Altoona Testing certification, makes the Lightning ZEV3 fully eligible for funding through the $4 billion Federal Transit Administration Low- and No-Emissions grant program, and positions Lightning’s products for other incentives such as the Federal Aviation Administration’s zero emission airport shuttle program. lower their carbon footprint. To access this funding, which includes $1 billion in 2023, zero- or low-emission transit vehicles must be both Buy America certified and pass Altoona Testing to be eligible for purchase or lease using these FTA funds. "We believe it is important that our high-quality electric vehicles support American jobs. We purposely look for US-based component and subcomponent manufacturers and suppliers and are thrilled to be Buy American Act certified in formal recognition of our largely American supply chain," said Lightning eMotors’ VP of Procurement, Chelsea Ramm. "Additionally, our larger, Class 4 Lightning ZEV4(TM) passenger models have also passed our internal Buy America audit and we look forward to earning certification through independent verification on this model as well," added Ms. Ramm.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on ZEV:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles