A $174 Billion EV Investment Would Transform the American Bus Market
The deployment of zero-emission buses in the US has lacked the impetus of the electrification efforts seen in China and Europe, as discussed in IDTechEx's report "Electric, Hybrid and Fuel Cell Buses 2021-2040". This is about to change. At the end of March 2021, the Biden Government announced a $2 trillion dollar package, 'The American Jobs Plan', which proposes a $174 billion investment in the US electric vehicle market. As part of this investment, the plan intends to directly promote the electric bus market, facilitating the replacement of 50,000 diesel transit buses with zero-emission buse...
Source: idtechex.com