Electric Buses : Why Now?

Electric Buses : Why Now?

There is a quiet revolution underway in a previously sleepy segment of the transport sector: the electrification of municipal buses and other intra-city vehicles. As McKinsey reported last October, the compound annual growth rate of battery-electri...

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Bibliographic Details
Main Author: Graham, John
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2020
Subjects:
ELECTRIC BUS
TRANSPORT
TRANSIT
GREENHOUSE GAS EMISSIONS
ELECTRIC VEHICLE
TRANSPORT INFRASTRUCTURE
TRANSPORT POLICY
Online Access:http://documents.worldbank.org/curated/en/894791587367117176/Electric-Buses-Why-Now
http://hdl.handle.net/10986/33640
id okr-10986-33640
recordtype oai_dc
spelling okr-10986-336402021-05-25T10:54:43Z Electric Buses : Why Now? Graham, John ELECTRIC BUS TRANSPORT TRANSIT GREENHOUSE GAS EMISSIONS ELECTRIC VEHICLE TRANSPORT INFRASTRUCTURE TRANSPORT POLICY There is a quiet revolution underway in a previously sleepy segment of the transport sector: the electrification of municipal buses and other intra-city vehicles. As McKinsey reported last October, the compound annual growth rate of battery-electric buses has exceeded 100 percent since 2013- surpassing that of every other electric vehicle segment. Investing in battery-electric buses - as well as other high-use vehicles, such as e-delivery trucks - is an effective way for International Finance Corporation (IFC) to move the needle on air quality and greenhouse emissions from urban transportation. The opportunity is massive, and IFC has the capacity to fast-track implementation. It’s time to hit the accelerator. A cocktail of technology, investment, and scale in electric buses (and other high-use intra-city electric vehicles) will soon reach a point where reliability and cost advantages create the death spiral for internal combustion engines. Superior technology and declining costs will eventually overwhelm the old, static, diesel driven transportation paradigm. 2020-04-23T19:43:49Z 2020-04-23T19:43:49Z 2020-01 Brief http://documents.worldbank.org/curated/en/894791587367117176/Electric-Buses-Why-Now http://hdl.handle.net/10986/33640 English IFC Transport Insights; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ELECTRIC BUS
TRANSPORT
TRANSIT
GREENHOUSE GAS EMISSIONS
ELECTRIC VEHICLE
TRANSPORT INFRASTRUCTURE
TRANSPORT POLICY
spellingShingle ELECTRIC BUS
TRANSPORT
TRANSIT
GREENHOUSE GAS EMISSIONS
ELECTRIC VEHICLE
TRANSPORT INFRASTRUCTURE
TRANSPORT POLICY
Graham, John
Electric Buses : Why Now?
relation IFC Transport Insights;
description There is a quiet revolution underway in a previously sleepy segment of the transport sector: the electrification of municipal buses and other intra-city vehicles. As McKinsey reported last October, the compound annual growth rate of battery-electric buses has exceeded 100 percent since 2013- surpassing that of every other electric vehicle segment. Investing in battery-electric buses - as well as other high-use vehicles, such as e-delivery trucks - is an effective way for International Finance Corporation (IFC) to move the needle on air quality and greenhouse emissions from urban transportation. The opportunity is massive, and IFC has the capacity to fast-track implementation. It’s time to hit the accelerator. A cocktail of technology, investment, and scale in electric buses (and other high-use intra-city electric vehicles) will soon reach a point where reliability and cost advantages create the death spiral for internal combustion engines. Superior technology and declining costs will eventually overwhelm the old, static, diesel driven transportation paradigm.
format Brief
author Graham, John
author_facet Graham, John
author_sort Graham, John
title Electric Buses : Why Now?
title_short Electric Buses : Why Now?
title_full Electric Buses : Why Now?
title_fullStr Electric Buses : Why Now?
title_full_unstemmed Electric Buses : Why Now?
title_sort electric buses : why now?
publisher International Finance Corporation, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/894791587367117176/Electric-Buses-Why-Now
http://hdl.handle.net/10986/33640
_version_ 1764479199993659392

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