- Lightning eMotors supplying Vanderbilt’s first electric
shuttles as part of the university’s carbon neutrality goals
- Vehicles expected to be delivered and deployed in Q2 2023
Lightning eMotors (NYSE: ZEV), a leading provider of
zero-emission, medium-duty commercial vehicles and electric vehicle
technology for fleets, announced today that it is supplying to
Vanderbilt University six Lightning ZEV4™ electric shuttle buses.
The shuttles are expected to be delivered and deployed in Q2 2023
for the intercampus transportation service, VandyRide.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230518005260/en/
One of six Lightning ZEV4™ zero emission
shuttles that will be operated for inter-campus transportation by
Vanderbilt University (Photo: Lightning eMotors)
The zero emission shuttle buses are built on the GM-based
Lightning ZEV4 platform and feature 120 kWh of thermally-managed
Proterra battery packs that deliver up to 130 miles of range and
support both Level 2 AC and DC fast charge capability. Vanderbilt’s
vehicles ride on a 159-inch wheelbase and have been upfitted with
shuttle bus bodies from Forest River to carry 14 passengers
each.
“A top 20 university nationally, Vanderbilt is renowned for its
transformative approach to education and research. It is an honor
for us to be a chosen fleet electrification provider as they
transform their intercampus student transportation to
zero-emission, all-electric platforms,” said Jeremy Hiler, sales
director, Eastern US at Lightning eMotors. “We are confident
drivers, passengers and fleet managers will appreciate the electric
performance, quiet ride and reduced maintenance, and of course, the
environmental benefits of the Lightning ZEV4.”
Vanderbilt is leasing the initial pilot run of six vehicles from
Forest River dealer Carpenter Bus Sales, with charging
infrastructure supported by Vanderbilt partner Electrada. The
vehicles will also be equipped with Lightning’s leading EV fleet
telematics software, Lightning Insights. This real-time telematics
and charge management suite features an API for seamless
integration with Electrada’s charging infrastructure.
“Vanderbilt is committed to lowering its carbon footprint, so
switching to electric vehicles in our shuttle fleet is a top
priority,” said Lindsey Ganson, assistant director of mobility at
Vanderbilt University. “We’re so excited to have our Lightning ZEV4
shuttles in action before the fall semester begins, and we are
looking forward to working with Lightning.”
This EV deployment further establishes Vanderbilt University as
a sustainability leader among U.S. colleges. The university
recently “flipped the switch” on the 35-megawatt Vanderbilt I Solar
Farm in Bedford County, Tennessee, which was first announced in
2020. The location will reduce the majority of the university’s
greenhouse gas emissions produced indirectly from electricity
purchased from Nashville Electric Service and TVA. A planned second
solar farm in Moore County, Tennessee, will supply enough renewable
energy to mitigate the remaining emissions.
In 2021, Vanderbilt became the first member of the Association
of American Universities to achieve carbon neutrality through its
own renewable energy initiatives and a carbon pollution permit
collaboration with Climate Vault. Recently, the university
announced a new collaboration with Clearloop to further reduce its
carbon footprint by investing in additional solar energy projects,
the first of which will be located in Batesville, Mississippi. The
transition to these new EV shuttles will help Vanderbilt further
reduce its direct emissions.
To learn how to electrify your fleet with Lightning eMotors,
please visit lightningemotors.com.
About Lightning eMotors
Lightning eMotors (NYSE: ZEV) has been providing specialized and
sustainable fleet solutions since 2009, deploying complete
zero-emission-vehicle (ZEV) solutions for commercial fleets since
2018. In that time, we have deployed a variety of vehicle classes
and applications including but not limited to cargo and passenger
vans, ambulances, transit and shuttle buses, school buses,
specialty work trucks, and electric powertrains for school buses,
transit buses and motor coaches. The Lightning eMotors team
designs, engineers, customizes, and manufactures zero-emission
vehicles to support the wide array of fleet customer needs with a
full suite of control software, telematics, analytics, and charging
solutions to simplify the buying and ownership experience and
maximize uptime and energy efficiency. To learn more, visit our
website at https://lightningemotors.com.
About Vanderbilt University
Vanderbilt University is a globally renowned research university
located in Nashville, Tennessee. Ranked No. 13 among national
universities, Vanderbilt offers an immersive living-learning
undergraduate experience, with programs in the liberal arts and
sciences, engineering, music, education and human development. The
university also is home to nationally and internationally
recognized graduate schools of law, education, business, medicine,
nursing and divinity, and offers robust graduate-degree programs
across a range of academic disciplines. Vanderbilt is committed to
inclusive excellence, drawing the world’s brightest students,
faculty and distinguished visitors from across all cultural and
socioeconomic backgrounds and provides a collaborative atmosphere
of discovery that drives positive change in the world. Learn more
at www.vanderbilt.edu.
Forward-Looking Statements
Except for historical information herein, matters set forth in
this press release are forward-looking within the meaning of the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995, including statements about the commercial and
technology progress and future financial performance of Lightning
eMotors, Inc. These forward-looking statements are identified by
the use of words such as “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “expand,” “enable,” “might,”
“potential,” “should,” “would” among others. Forward-looking
statements in this press release are subject to certain risks and
uncertainties inherent in the company’s business that could cause
actual results or outcomes to vary, including, but not limited to,
risks related to Lightning eMotors’ operations and business and
financial performance; the ability of Lightning eMotors to execute
on its business strategy and grow demand for its products and
revenue; potential increases in costs or shortage of raw materials;
market acceptance of new product offerings; and other risks more
fully described in Lightning eMotors’ filings with the Securities
and Exchange Commission from time to time. You should not put undue
reliance on any forward-looking statements. Forward-looking
statements should not be read as a guarantee of future performance
or results and will not necessarily be accurate indications of the
times at, or by, which such performance or results will be
achieved, if at all. Lightning eMotors undertakes no obligation to
update any forward-looking statements, except as required by
law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230518005260/en/
Lightning eMotors’ News Media Contact: Nick Bettis (800)
223-0740 pressrelations@lightningemotors.com
Lightning eMotors’ Investor Relations: Brian Smith (800)
223-0740 investorrelations@lightningemotors.com
Press Contact for Vanderbilt: John O’Brien Vanderbilt
University John.OBrien@Vanderbilt.edu
Lightning eMotors (NYSE:ZEV)
Historical Stock Chart
From Oct 2023 to Nov 2023
Lightning eMotors (NYSE:ZEV)
Historical Stock Chart
From Nov 2022 to Nov 2023
