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Transdev Canada secures nearly $6 million in funding to electrify its school bus fleet
Transdev Canada announces it has secured a substantial investment of nearly $6 million from the Canada Infrastructure Bank (CIB), for the electrification of its school bus fleet in Quebec.
Transdev Canada, is pleased to announce that it has secured a substantial investment of nearly $6 million from the Canada Infrastructure Bank (CIB), for the electrification of its school bus fleet in Quebec. This funding is part of the $400 million commitment awarded to the Fédération des transporteurs scolaires for vehicle electrification, and a total of $12 million for the company up to 2026.
The investment will go towards Transdev Canada’s ongoing initiative to electrify its school buses. This effort will add to the company’s 82 electric buses already on the road in Quebec. The strategic move aligns with Transdev Canada’s commitment to sustainability, reducing carbon emissions and contributing to a cleaner, greener future for the communities it serves.
Transdev Canada is at the forefront of adopting innovative solutions to improve the overall transportation experience while reducing its environmental impact. The electrification of the school bus fleet is a crucial step towards achieving these goals, and is part of the Group’s overall strategy to transition to cleaner, more sustainable transportation alternatives.
The financing provided by the Infrastructure Bank of Canada reaffirms the government’s commitment to investing in sustainable infrastructure projects that create lasting benefits for Canadians. By supporting the electrification of school buses, this initiative contributes to reducing greenhouse gas emissions, improving air quality and promoting a healthier environment for generations to come.
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