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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. that essentially requires a shift from conventional diesel buses or government subsidies and.

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