Leading provider of turnkey electrification services for school bus fleets in North America Highland Electric Fleets and Thomas Built Buses are expanding their relationship to lower upfront costs and speed adoption of electric school buses. The two companies signed a letter of intent that will allow Highland to provide electric school bus subscriptions through 2025 at prices that put them at cost parity with diesel. The LOI builds on a successful relationship that resulted in the largest school bus fleet order in North America to date, a 326-bus order approved by Montgomery County Public Schools in February of 2021. The first 45-charger depot has been installed in Bethesda, Maryland, and the first 25 buses began transporting students this month. The LOI will enable Highland and TBB to replicate similar large-scale, multi-year deployments in the US and Canada.Highland offers a unique, full-service subscription model that includes everything a school district or fleet operator needs to integrate electric school buses into their existing fleets. The company provides the school buses, installs charging infrastructure, manages charging, provides fleet and driver training resources, and manages service to keep fleets running smoothly. Established in 2019, Highland has grown quickly throughout North America and is already providing its turnkey model to both school districts and third-party operators in several U.S. states.Designed, engineered, and manufactured in the US, the all-electric Saf-T-Liner C2 Jouley from TBB is offered with 226 kWh of total energy capacity, enabling an industry-leading operating range of up to 138 miles on a single charge and meeting the needs of most school bus fleets. TBB has built on its 106-year manufacturing history to quickly become a leader in school bus electrification. Since 2020, the company has delivered nearly 100 all-electric Jouleys to customers across the country, including in Alaska, Florida, and Maryland.