In the news release, VIA Motors Sells 2,000 Class 3 Electric
Chassis Cabs to Pegasus Specialty Vehicles, issued 27-Sep-2022 by Ideanomics over PR Newswire, we
are advised by the company that this has been reissued to
accommodate new imagery. The complete, corrected release
follows:
VIA Motors Announces $170 million deal to sell 2,000 Class 3
Electric Chassis Cabs to Pegasus Specialty Vehicles
NEW
YORK, Sept. 27, 2022 /PRNewswire/ -- VIA
Motors, a leading electric commercial 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.
"With our innovative electric commercial vehicles, we can
provide an EV solution to not only the bus, shuttle and transit
segments, but also to many of the commercial segments," said
Bob Purcell, CEO of VIA Motors.
A Pegasus Bus on a VIA cutaway will feature all-wheel drive and
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 Specialty Vehicles. "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 United
States 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
provide us with exactly that."
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.
"VIA Motors is delighted to receive a significant order that
will help accelerate the electrification of school buses in
the United States and Canada," said Frank
Jenkins, senior director of sales for 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."
VIA Motors is in a pending transaction with Ideanomics, (Nasdaq:
IDEX), a global group with a simple mission: to accelerate the
commercial adoption of electric vehicles.
VIA Motors' electric commercial trucks include Class 2 through
Class 5 chassis cabs, cutaways, walk-in vans, and platforms with
electric drive technology offering sustainable mobility solutions
to help commercial customers 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 ensure the company provides a truck that is dependable,
that is durable and delivers more than expected.
To view high-resolution images of Class 3 VIA electric cutaway
chassis cabs and Pegasus bus applications, please visit
https://drive.google.com/drive/folders/1M2oNQCMr91e7mCxfp2IbsqGxej-IKSJ_?usp=sharing.
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 and improved quality,
driving comfort, energy efficiency and connectivity. Learn
more at https://www.viamotors.com.
ABOUT PEGASUS SPECIALTY VEHICLES
Pegasus Specialty
Vehicles 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. The company's
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 http://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 http://www.creativebussales.com/.
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