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

Green Car Congress

from 2012 to 2018. 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. grants to offset the price premium. million kWh by 2018, a CAGR of 42%. kWh in 2012 to over 1 million kWh in 2018, a 57% CAGR.

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