City Bus Electrification: Business Case in Selected Developed & Developing Countries
Electric buses promise a cleaner, quieter and less carbon intensive mode of travel in cities. This article explores the trend to electrify urban bus routes in a selection of developed and developing countries and how falling electric bus costs and increased performance are making the business case for electric buses more attractive in many markets.
Battery electric bus fleets could make attractive investments in some of the developed countries and in the majority of the developing countries FTI Intelligence has analysed, even without pricing in externalities, if tariffs were removed. If externalities are included, the business case may be attractive in half of the developed countries analysed and in all 22 developing countries.