Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell
Green Car Congress
AUGUST 20, 2012
Pike suggests that North America will experience a rebound in a few years, as the economy stabilizes along with public transit funding levels. The Latin American market will be driven largely by uptake in Brazil, but other countries will also spur adoption, notably Uruguay which recently indicated it. Li-ion batteries.
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