World’s Bus Fleet To Go Electric
Electric Buses Will Take Over Half the World by 2025; The number of electric buses will triple within seven years, and virtually every bus in China will be battery-powered.
Mark Chediak, February 1, 2018 (Bloomberg News)
“Nearly half of the municipal buses on the road around the world will be electric within seven years, with China expected to dominate the global market as it aims to cut urban pollution and support domestic manufacturers. The total number of electric buses in service is forecast to more than triple, from 386,000 last year to about 1.2 million in 2025, equal to about 47 percent of the worldwide city bus fleet, according to …By 2025, the report said, the country’s fleet will be 99 percent battery-powered buses…Electric buses remain more expensive up front than those fueled by diesel or compressed natural gas…[But] battery-powered buses can already offer a lower total cost of ownership when fuel and maintenance expenses are considered. Projected declines in battery prices will make the upfront costs of some electric models competitive with a diesel version by 2026…” click here for more