REV Group commits to sustainability with expansion of electric ambulance
In December 2021, REV announced that it has reached multiple agreements to sell and expand alternative-fuel ambulances across the US and abroad. One of the recipients is American Medical Response (AMR) the domestic leader in medical transformation. It has purchased five electric-powered ambulances from REV, with an option to purchase 25 more down the line. REV is expected to deliver the first batch of ambulances by April 2022, for distribution in five communities in California. This agreement marks one of the first battery electric ambulance orders from a major domestic EMS provider.
Balance Sheet|New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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