BLBD - EV school bus stocks ArcLight and Blue Bird rally on positive development

ArcLight Clean Transition ([[ACTC]] +6.4%) and Blue Bird Corporation ([[BLBD]] +6.2%) trade higher after the Montgomery County public school district in Maryland decided to switch its bus fleet over to electric models at no additional cost. The first-of-its-kind move is seen as a potential model for the Biden Administration in its electric vehicle push. A "huge cost differential" between existing diesel buses and electric models was cited by the school district that sits right outside of D.C. Blue Bird was tipped yesterday by Seeking Alpha author White Diamond as a sleeper EV pick.

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EV school bus stocks ArcLight and Blue Bird rally on positive development