COVID-19, Environment Give Electric School Buses a Jump Start

When it comes to introducing electric vehicles to school district fleets, Patrick Gervais wants decision-makers to know that the future is now, even with North America under the ongoing stranglehold of the new novel coronavirus.

“I saw a survey [recently] that something like 92 percent of people think the electrification of transportation is five years away, 7 percent knew about it and only 1 percent are buying it,” said Gervais, vice president of marketing and communications for The Lion Electric Company, a Quebec, Canada, manufacturer of zero-emission commercial vehicles. “What’s really important right now is that people need to know the technology is available now, it’s working, it’s working really well and it’s the right thing to do.”

Gervais is among industry leaders at several firms promoting electric-vehicle options that are encouraging school bus fleet managers to think outside the box, when it comes to traditional acquisition and financing strategies.

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UPDATE 1-Shares of Brazil’s Yduqs and Ser jump in bids for Laureate Education assets

(Adds shares, analyst’s comment, background)

RIO DE JANEIRO, Sept 14 (Reuters) – Shares of Brazilian education company YDUQS Participações S.A. and Ser Educacional SA jumped on Monday after the companies offered competing bids for Laureate Education Inc’s assets in Brazil.

Yduqs, a for-profit education company formerly known as Estacio Participações, is “deepening the understanding of these assets and believes it is able to present a more attractive competing proposal” than Ser, it said in a filing on Monday.

Shares of Yduqs rose more than 6% to 29.60 reais, and Ser jumped more than 13% to 16.74 reais. Laureate’s shares rose 1.35% to $13.47.

Ser Educacional announced on Sunday it had agreed to acquire the assets of Laureate group in Brazil. The U.S.-listed company, which owns and operates campuses in about 10 countries, has 267,000 undergraduate students in Brazil, according to a report by BTG bank.

Ser Educacional’s offer values Laureate’s

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