Blue Bird Is An Undervalued Electric Vehicle Manufacturer Going Back To School With $100 Billion Of Federal Contracts In Its Grasp

• Blue Bird Corp. is the leading school bus manufacturer in the US that has developed an electric vehicle solution already available for large scale commercialization.
• With schools about to open up again, BLBD will face an explosion of pent-up demand for electric school buses.
• BLBD is significantly undervalued relative to EV peers and even more so as a reopening play.
• Biden’s 500,000 electric school buses in five years plan is a great opportunity for BLBD’s school bus niche.
• We think a narrative shift comparable to the contract that moved Workhorse’s valuation to $4B+ could move BLBD multiples higher.

Read the full report on Seeking Alpha here.