Is Blue Bird Corporation (BLBD) the Best Small Cap EV Stock to Buy?
From Yahoo Finance: 2025-05-11 17:37:00
In 2024, electric vehicles (EVs) made up 8.1% of US vehicle sales, falling short of the expected 10%. Despite this, some believe the EV market is gaining momentum. Cadillac plans to offer five EV models by 2025, aiming for one in three vehicles sold to be all-electric this year.
Cadillac aims to grow its business with EVs, offering customers more choices. In 2024, the company sold 29,000 EVs and targets EVs to make up 30-35% of US sales in 2025. However, Cadillac has reconsidered plans to sell only EVs by 2030, citing customer demand.
Blue Bird Corporation (NASDAQ:BLBD) is a top small-cap EV stock, ranking 5th on the list. The company delivered a record 265 electric buses in Q2 of fiscal 2025 and expects to commercialize electric and propane-powered vehicles by Q1 2026. While BLBD shows promise, some AI stocks may offer higher returns.
Blue Bird Corporation (NASDAQ:BLBD) has a market capitalization of $1.21 billion and is a leading American school bus manufacturer with a global presence. The company has seen significant growth in EV orders, with over 1,100 EV buses in its firm order backlog. BLBD showcased its latest commercial vehicle platforms at the 2025 ACT Expo.
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