Deliveries of the all-wheel-drive, Class 3 VIA
electric chassis cabs to Pegasus are scheduled to begin in
2024
NEW
YORK, Sept. 27, 2022 /PRNewswire/ -- VIA
Motors, a leading commercial electric vehicle manufacturer
with proven advanced electric drive technology and sustainable
mobility solutions for a wide variety of Class 2 – 5 electric
commercial vehicles applications, today announced that it has
received a purchase order for 2,000 Class 3 VIA electric cutaway
chassis cabs from Pegasus Specialty Vehicles. Pegasus will leverage
the flexibility of VIA's commercial products to build Type A school
buses, electric shuttles, and paratransit buses. Pegasus has a
dealership network throughout the United
States, including Creative Bus Sales, the nation's largest
bus dealership.
"VIA Motors is delighted to receive a significant order that
will help accelerate electrification of school buses in the US and
Canada. With our innovative
commercial electric vehicles, we can provide an EV solution to not
only the bus, shuttle, and transit segments, but also in many of
the commercial segments," said Bob
Purcell, CEO of VIA Motors. "As we work with Pegasus and
leverage the reach of Creative Bus Sales, the potential to grow
VIA's footprint in this segment is strong."
A Pegasus Bus on a VIA cutaway will feature all-wheel-drive,
industry leading low floor height and turning radius. Gross Vehicle
Weight rating (GVWR) of the units will range from 12,500 to 14,000
pounds. The electric motors will generate a continuous rated 400
horsepower and will be able to transport a payload of 7,000 to
8,200 pounds within a range of 180 miles.
"Our primary strategic objective is predicated upon bringing
new, innovative, and unique bus solutions to the marketplace; and
our Valkyrie model on the VIA chassis does just that," said
Brian Barrington, president of
Pegasus Bus Company. "Our advanced bodies, mounted on these
reliable, fuel-efficient and customizable chassis will truly be a
game-changer in the markets we're focused on."
Pegasus Specialty Vehicles has an agreement in place with
Creative Bus Sales to support the sale and servicing of their
vehicles. Creative's national dealership base consists of 23
dealers throughout the USA and
Canada. This relationship allows
VIA and Pegasus to leverage Creative's extensive service network
and long-established expertise in the bus market. Pegasus' total
dealer network consists of 56 dealer sales and service centers.
"We're very excited to take on the Pegasus product line and the
timing couldn't be better," said Jason Hohalok, sales manager for
Creative Bus Sales California. "Our customers are looking for new
and better solutions, and the Pegasus Type A school buses, electric
shuttle and paratransit bus bodies on the VIA Electric Chassis
provides us with exactly that."
VIA Motors electric commercial trucks include Class 2 through
Class 5 chassis cabs, cutaways, walk in vans, and platforms with
electric drive technology to offer sustainable mobility solutions
to commercial customers to help them achieve their electrification
goals. VIA's purpose-built commercial vehicles can address
commercial customers' needs in multiple applications and duty
cycles. The VIA difference is to leverage a true OEM robust vehicle
validation process to assure the company provides a truck that is
dependable, that is durable and that delivers more than expected.
We understand the most important thing to a commercial customer is
the product and its ability to get the job done.
In the United States, there are
more than 500,000 school buses on the road bringing roughly 25
million children to and from school. Together, these school buses
represent one of the largest fleets in the country and primarily
run on diesel fuel, emitting more than 5 million pounds of CO2
emissions and other toxic pollutants per year. Recently, the U.S.
Environmental Protection Agency has made more than $500 million in funds available for school
districts to purchase clean, quiet zero emission school
buses.
ABOUT VIA MOTORS INTERNATIONAL, INC.
VIA is a leading electric commercial vehicle company with proven
advanced electric drive technology, delivering sustainable mobility
solutions for a more livable world. VIA designs, manufactures, and
markets electric commercial vehicles, with superior life-cycle
economics, for use across a broad cross-section of the global fleet
customer base. VIA's vehicles are optimized for each fleet's needs,
with intelligent software packages and fleet monitoring systems
that are designed to reduce cost and improve operating
efficiencies. VIA is a systems-driven company and strives to
optimize the total fleet experience including energy, maintenance,
uptime, route mapping and more, with reduced development time,
improved quality, driving comfort, energy efficiency and
connectivity. VIA Motors is in a pending transaction with
Ideanomics, a global group with a simple mission, to accelerate
commercial adoption of electric vehicles.
https://www.viamotors.com
ABOUT PEGASUS
Pegasus Bus Company is spearheaded by industry-proven
leadership, experienced as reputable expert innovators in the
school transportation and manufacturing industries. Its management
team brings a culture of creativity, flexibility, effectiveness,
efficiency, and teamwork to producing competitively priced modern
school and shuttle buses that address market needs that have been
ignored by existing bus manufacturers. Located in West Central Ohio
Pegasus is positioned to be able to service the entire U.S. and
Canada from one location. The
company provides buses for both school and transit bus industries.
Pegasus Bus leadership is well recognized by bus dealers, school
bus contractors, school district transportation operators, and
decision-makers who have expressed dissatisfaction with current
products that do not provide the features these buyers need and
want. Learn more at www.ridepegasus.net
ABOUT CREATIVE BUS SALES
Creative Bus Sales offers dedicated sales, parts, and service
departments to help you in all stages of bus ownership. As a
family-owned business with experience in the transportation
industry since 1980, it's no coincidence that Creative Bus Sales
has grown to become the nation's largest bus dealership. In
addition, its new and used buses undergo a bumper-to-bumper
inspection to help protect customers' investments. Customers
further benefit from the company's strong manufacturing
partnerships, the largest in-stock inventory, and a nationwide team
of experts. Learn more at www.creativebussales.com
Safe Harbor Statement
Any statements contained in this press release that do not describe
historical facts may constitute forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, including statements regarding the expected timing for the
filing of the Form 10-K, the Company's ability to regain compliance
with the Nasdaq requirements for continued listing and related
matters. These forward-looking statements are often identified by
the use of forward-looking terminology such as "believes,"
"expects," or similar expressions that involve known and unknown
risks and uncertainties. Any forward-looking statements contained
herein are based on current expectations, but are subject to risks
and uncertainties that could cause actual results to differ
materially from those indicated, including, but not limited to,
risks and uncertainties relating to the failure of the Company to
file the Form 10-K on its expected timeline and other risk factors
discussed from time to time in the Company's filings with the SEC.
These and other factors are identified and described in more detail
in the Company's filings with the SEC, including, without
limitation, the Company's most recent Form 10-K and Form 10-Q. The
Company expressly disclaims any intent or obligation to update
these forward-looking statements other than as required by law.
For further information, please contact:
Frank Jenkins, Senior Director Sales, and
Marketing
VIA Motors, Inc.
Phone: (574) 780-9045
Email: frank.jenkins@viamotors.com
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SOURCE Ideanomics