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Orion Lauds Guidance on Federal National Electric Vehicle Infrastructure Grants; Directive Effectively Prescribes Orion/Voltrek Quality Standards for EV Charging Infrastructure

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Orion Energy Systems (NASDAQ: OESX) has welcomed new federal guidance for the $5 billion National Electric Vehicle Infrastructure (NEVI) grant program. The company highlighted that the U.S. Department of Transportation and Federal Highway Administration's directive aligns with Orion/Voltrek's existing quality standards for EV charging infrastructure deployments.

The announcement is particularly significant as 84% of the $5 billion NEVI funding remains unallocated. Orion/Voltrek is currently executing notable projects, including the installation of 90 EV charging stations for the Boston Public School system, which aims to electrify its entire fleet of 750 school buses in the largest school-bus electrification initiative in the Northeast.

Orion Energy Systems (NASDAQ: OESX) ha accolto con favore le nuove linee guida federali per il programma di sovvenzioni National Electric Vehicle Infrastructure (NEVI), dotato di 5 miliardi di dollari. La società ha sottolineato che la direttiva del Dipartimento dei Trasporti e della Federal Highway Administration è in linea con gli standard di qualità già adottati da Orion/Voltrek per le installazioni di infrastrutture di ricarica EV.

L'annuncio è particolarmente rilevante perché l'84% dei 5 miliardi del finanziamento NEVI non è ancora assegnato. Orion/Voltrek sta portando avanti importanti progetti, tra cui la realizzazione di 90 stazioni di ricarica EV per il sistema scolastico pubblico di Boston, parte dell'iniziativa per elettrificare l'intera flotta di 750 scuolabus, la più grande nel Nordest.

Orion Energy Systems (NASDAQ: OESX) ha recibido con satisfacción las nuevas directrices federales para el programa de subvenciones National Electric Vehicle Infrastructure (NEVI) de 5.000 millones de dólares. La compañía destacó que la instrucción del Departamento de Transporte y de la Federal Highway Administration coincide con los estándares de calidad ya aplicados por Orion/Voltrek en las instalaciones de infraestructura de carga para vehículos eléctricos.

El anuncio cobra especial relevancia porque el 84% de los 5.000 millones del NEVI aún no se ha asignado. Orion/Voltrek está ejecutando proyectos destacados, incluida la instalación de 90 estaciones de carga EV para el sistema de escuelas públicas de Boston, que busca electrificar su flota completa de 750 autobuses escolares, la mayor iniciativa de electrificación de autobuses escolares en el noreste.

Orion Energy Systems (NASDAQ: OESX)는 50억 달러 규모의 National Electric Vehicle Infrastructure (NEVI) 보조금 프로그램에 대한 새로운 연방 지침을 환영했습니다. 회사는 교통부와 연방고속도로청의 지침이 전기차 충전 인프라 구축에 대한 Orion/Voltrek의 기존 품질 기준과 일치한다고 강조했습니다.

이번 발표는 특히 NEVI 50억 달러 중 84%가 아직 배정되지 않았다는 점에서 중요합니다. Orion/Voltrek은 보스턴 공립학교를 위한 90대의 EV 충전소 설치를 포함해 주목할 만한 프로젝트를 수행 중이며, 이는 750대의 스쿨버스 전체를 전기화하려는 북동부 지역 최대 규모의 스쿨버스 전기화 사업의 일환입니다.

Orion Energy Systems (NASDAQ: OESX) s'est félicité des nouvelles orientations fédérales pour le programme de subventions National Electric Vehicle Infrastructure (NEVI) de 5 milliards de dollars. La société a souligné que la directive du Département des Transports et de la Federal Highway Administration est conforme aux normes de qualité déjà appliquées par Orion/Voltrek pour les déploiements d'infrastructures de recharge pour véhicules électriques.

L'annonce est d'autant plus importante que 84 % des 5 milliards de financement NEVI restent non attribués. Orion/Voltrek mène actuellement des projets notables, notamment la mise en place de 90 stations de recharge EV pour le système scolaire public de Boston, visant à électrifier l'ensemble de sa flotte de 750 autobus scolaires — la plus grande initiative d'électrification de bus scolaires dans le Nord-Est.

Orion Energy Systems (NASDAQ: OESX) hat die neuen Bundesrichtlinien für das 5-Milliarden-Dollar-Programm National Electric Vehicle Infrastructure (NEVI) begrüßt. Das Unternehmen betonte, dass die Vorgaben des Verkehrsministeriums und der Federal Highway Administration mit den bereits bestehenden Qualitätsstandards von Orion/Voltrek für den Ausbau von EV-Ladeinfrastruktur übereinstimmen.

Die Ankündigung ist besonders bedeutend, da 84 % der 5 Milliarden NEVI-Mittel noch nicht zugewiesen sind. Orion/Voltrek führt derzeit bedeutende Projekte durch, darunter die Installation von 90 EV-Ladestationen für das Boston Public School System, das seine gesamte Flotte von 750 Schulbussen elektrifizieren will — die größte Schulbus-Elektrifizierungsinitiative im Nordosten.

Positive
  • Federal guidance validates Orion/Voltrek's existing quality standards for EV charging infrastructure
  • Access to significant market opportunity with 84% of $5B NEVI funding still unallocated
  • Major ongoing project with Boston Public Schools for 90 EV charging stations
  • Strategic positioning for state-level decision making through expanding presence
Negative
  • None.

Insights

Orion/Voltrek well-positioned to capitalize on $4.2B in unallocated federal EV charging infrastructure funds through established quality standards.

The federal government's new guidance for the $5 billion National Electric Vehicle Infrastructure (NEVI) grant program represents a significant validation for Orion Energy Systems. The directive effectively endorses Orion/Voltrek's existing quality standards and best practices for EV charging infrastructure, positioning the company advantageously against competitors.

Most notably, 84% of the $5 billion in NEVI funding (approximately $4.2 billion) remains unallocated, creating a substantial market opportunity. The guidance's emphasis on state-level decision making aligns perfectly with Voltrek's expanding geographic presence, potentially giving them an edge in securing contracts.

Orion/Voltrek's current deployment in the Boston Public School system demonstrates their implementation capabilities at scale. This project involves installing 90 EV charging stations as part of Boston's initiative to electrify 750 school buses—the largest school bus electrification program in the Northeast. This reference project likely strengthens their position when bidding for NEVI-funded contracts.

The timing is particularly advantageous as the EV charging infrastructure market accelerates. With federal validation of their standards and significant funding still available, Orion has potential to capture meaningful market share in this growing sector, diversifying beyond their traditional LED lighting business. Their combined installation and maintenance capabilities position them to benefit from both initial deployment and ongoing service revenue streams.

MANITOWOC, Wis., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today lauded last week’s federal guidance directing $5 billion in public funds to EV charging locations that best provide dependable charging infrastructure. The company observed that the government directive effectively prescribes quality standards already in place for public and private enterprise customers of Orion’s Voltrek division.

“Orion/Voltrek welcomes the substance of last week’s guidance by the U.S. Department of Transportation and the Federal Highway Administration governing implementation of the National Electric Vehicle Infrastructure grant program for alternative fuel infrastructure,” said Orion Chief Executive Officer Sally Washlow. “The federal guidance essentially mirrors the best practices and quality standards that Orion/Voltrek routinely requires in hundreds of its deployments. The Orion/Voltrek installation and maintenance standards have effectively become the nationwide federal standards for EV Charging stations and related infrastructure in the United States.”

“Last week’s federal announcement comes at a particularly opportune time for Orion/Voltrek,” said Kathleen Connors, President of Orion’s Voltrek division. “The directive emphasizes decision-making at the state level, where Voltrek is on the ground, thanks to our expanding presence. It also comes at a time when the Department of Transportation reports that 84% of the $5 billion in NEVI funding is still to be allocated. This represents a significant market opportunity for Orion/Voltrek.”

Orion/Voltrek is integral to the roll-out and maintenance of hundreds of EV charging stations and related infrastructure. Among the company’s ongoing deployments are installations of 90 EV charging stations and related infrastructure in the Boston Public School system. Boston Public Schools plan to electrify 100% of its 750 school buses in the largest school-bus electrification initiative in the Northeastern United States.

About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance.

Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our sustainability and governance priorities, goals and progress here, or visit our website at www.orionlighting.com.

Safe Harbor Statement
Certain matters discussed in this press release, are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission.

Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at http://www.sec.gov or at http://investor.oriones.com/ in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

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Investor Relations Contacts  
Per Brodin, CFOWilliam Jones; David Collins
Orion Energy Systems, Inc.Catalyst IR
pbrodin@oesx.com(212) 924-9800 or OESX@catalyst-ir.com

FAQ

What is the significance of the federal NEVI guidance for Orion Energy Systems (NASDAQ: OESX)?

The guidance validates Orion/Voltrek's existing quality standards for EV charging infrastructure and positions the company favorably for accessing the remaining 84% of $5 billion in NEVI funding.

How much NEVI funding remains available for EV charging infrastructure projects?

84% of the $5 billion in National Electric Vehicle Infrastructure funding is still to be allocated, representing a significant market opportunity for Orion/Voltrek.

What major EV charging project is Orion/Voltrek currently working on?

Orion/Voltrek is installing 90 EV charging stations for the Boston Public School system, part of their initiative to electrify 100% of their 750 school buses.

How will the Department of Transportation's NEVI guidance affect Orion's business?

The guidance emphasizes state-level decision-making, which aligns with Orion/Voltrek's expanding presence and positions them favorably for future infrastructure projects.

What is the size of the Boston Public Schools' electrification initiative?

It is the largest school-bus electrification initiative in the Northeastern United States, aiming to convert all 750 school buses to electric vehicles.
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