CEO Michael Tree's CEO Oral Report.

SC Metro CEO Tree discussed several key points related to their operations and future plans:

Federal Funding for Hydrogen Buses: The company received a $20.4 million Low No Grant from the federal government for hydrogen buses, celebrated in Watsonville with Congressman Panetta and Congresswoman Loughgren attending.

California Transportation Commission Funding: The California Transportation Commission fully allocated $38 million from the TIRCP Grant Cycle for purchasing hydrogen buses, building a hydrogen station, workforce development, and upgrading maintenance facilities.

Hydrogen Bus Fleet Expansion: Plans to purchase 57 hydrogen buses, which would be the largest single purchase of hydrogen buses in the nation, are drawing attention in Washington DC and Sacramento.

Financial Mana ...