- Electric transit buses are becoming a really attractive product for cities.
- US based Electric bus maker Proterra brought in the German automaker Daimler as an investor and partner.
- City bus fleets can save on fuel costs, lower air pollution in vulnerable communities and often tap into state grants to help pay for their purchase.
- Despite the U.S.-based Proterra’s big wins in the U.S., it’s actually China that has made the EV bus a mainstream product.
- Bloomberg New Energy Finance said that close to 400,000 electric buses were operating around the world last year, 99 percent of which are in China.
- By 2025, there are supposed to be 1.2 million electric buses, with — again — 99 percent of them in China.
- IKEA CEO Jesper Brodin announced at the conference last week that IKEA plans to use EVs for 100 percent of its home deliveries by 2030.
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