{"id":1535,"date":"2013-11-13T19:51:00","date_gmt":"2013-11-13T19:51:00","guid":{"rendered":"http:\/\/rf.podcastfixit.com\/index.php\/2013\/11\/13\/white-knight-rescues-laval-electric-bus\/"},"modified":"2015-06-01T19:41:28","modified_gmt":"2015-06-01T19:41:28","slug":"white-knight-rescues-laval-electric-bus","status":"publish","type":"post","link":"https:\/\/newscoverage.org\/index.php\/2013\/11\/13\/white-knight-rescues-laval-electric-bus\/","title":{"rendered":"White knight rescues Laval electric bus manufacturer"},"content":{"rendered":"

By Robert Frank<\/b>
\nwww.thesuburban.com<\/a><\/p>\n

An American bankruptcy judge has approved the sale of bankrupt busmaker Designline, which built the battery-powered bus Soci\u00e9t\u00e9 des transports de Laval (STL) is currently testing on city streets. <\/p>\n

According to the Charlotte Observer,<\/i> Wonderland Investment Group of Newport Coast, California, has offered US$1.6 million for the firm and plans to invest another US$30 million, pending the outcome of negotiations with transit authorities in New Jersey, Denver and Montreal. <\/p>\n

STL is not among Designline\u2019s creditors, Laval transit authority spokeswoman Marie-C\u00e9line Bourgault told The Suburban<\/i> in an interview.<\/p>\n

\u201cWe are still doing testing on our [prototype] electric bus, anticipating the onset of winter with its cold weather and snow,\u201d she said. \u201cThat will permit us to assess how the bus performs under those demanding operating conditions.\u201d <\/p>\n

Next year, Bourgault added, STL also expects to receive the first of the 100 hybrid diesel-electric buses that it has ordered. Delivery of its initial 19 cost-saving and environment-friendly coaches is anticipated as early as Spring 2014.<\/p>\n

She said that Quebec taxpayers will be subsidizing more than half of the cost of STL\u2019s new hybrid buses. <\/p>\n

\u201cA conventional diesel bus costs about $500,000, and the price of a hybrid bus is about $650,000,\u201d Bourgault explained. \u201cThe Quebec gives a 50 per cent grant for the first $500,000, plus 75 per cent for the amount that the hybrid bus costs in excess of the price of a conventional diesel bus, which is $150,000.\u201d<\/p>\n

\u201cConsequently STL will benefit from a [net] grant of 56 per cent [$362,500] of the price of the hybrid buses,\u201d she concluded. <\/p>\n

Bourgault expects that STL will receive 25 more hybrid buses in 2015, with 28 more slated for deliver in 2016 and another 28 to complete the order in 2017. <\/p>\n

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By Robert Frank www.thesuburban.com An American bankruptcy judge has approved the sale of bankrupt busmaker Designline, which built the battery-powered bus Soci\u00e9t\u00e9 des transports de Laval (STL) is currently testing on city streets. According to the Charlotte Observer, Wonderland Investment Group of Newport Coast, California, has offered US$1.6 million for the firm and plans to<\/p>\n","protected":false},"author":1,"featured_media":4467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nWhite knight rescues Laval electric bus manufacturer - Newscoverage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newscoverage.org\/index.php\/2013\/11\/13\/white-knight-rescues-laval-electric-bus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"White knight rescues Laval electric bus manufacturer - Newscoverage\" \/>\n<meta property=\"og:description\" content=\"By Robert Frank www.thesuburban.com An American bankruptcy judge has approved the sale of bankrupt busmaker Designline, which built the battery-powered bus Soci\u00e9t\u00e9 des transports de Laval (STL) is currently testing on city streets. 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