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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

Sales of electric drive buses in Western Europe will experience steady growth (around a 20% CAGR), as the hybrid market begins to take off and there is continued interest in building the electric and fuel cell bus markets, according to Pike. grants to offset the price premium. would purchase 500 battery electric buses.

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