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Stock impact report

Electric buses return to Glasgow for first time in more than 50 years [CNBC]

ALSTOM UNSP/ADR (ALSMY) 
NASDAQ:AMEX Investor Relations: alstom.com/investor-relations
Company Research Source: CNBC
Chris James Photography Two fully-electric buses have been introduced to the streets of , Scotland, representing the city's first use of such transport on a commercial route in almost 53 years. It is the first time electric buses for commercial use have run in Scotland's biggest city since electric trolley buses were taken offline in 1967. In an announcement at the end of last week, operator First said funding for the buses came through a £20 million ($25.97 million) Green Fund from SP Networks. First will also use the money to install 22 charging points at its Caledonia Depot, which the firm said would enable it to introduce more electric buses to its fleet. The introduction of the buses comes at the start of a year which will see host the COP26 climate summit in November. At the launch, Scotland's First Minister, Nicola Sturgeon MSP, said: "Scotland was one of the first countries to acknowledge that we are facing a global climate emergency and we have legislated for the most Show less Read more
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