12 Small Cap EV Stocks to Buy Now

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5. Blue Bird Corporation (NASDAQ:BLBD)

Market Capitalization: $1.21 Billion

Number of Hedge Fund Holders: 25

Blue Bird Corporation (NASDAQ:BLBD) is an American school bus manufacturing company that ranks among the best EV stocks. The company manufactures a range of electric and low-emission buses. With sales into Africa, Asia, the Caribbean, Latin America, and the Middle East, Blue Bird Corporation (NASDAQ:BLBD) has a global presence.

In Q2 of fiscal 2025, which ended on March 29, 2025, Blue Bird Corporation (NASDAQ:BLBD) delivered a record 265 electric-powered buses. The company has reported significant growth in EV orders and by the end of the quarter, it had more than 1,100 EV buses either sold or in its firm order backlog. This supports the company’s EV sales target for 2025. From April 28 to April 30, Blue Bird Corporation (NASDAQ:BLBD) presented its latest zero- and ultra-low emission commercial vehicle platforms at the 2025 Advanced Clean Transportation (ACT) Expo, which is North America’s largest advanced transportation technology event. The company showcased both its groundbreaking electric step van and propane-powered stripped chassis at the industry event. According to Blue Bird Corporation (NASDAQ:BLBD), both its electric-powered and propane-powered stripped chassis are expected to be commercially available in the first quarter of 2026.

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