Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell
Green Car Congress
AUGUST 20, 2012
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. The Africa/Middle East countries will see very little uptake due to the high cost of electric buses and infrastructure, the report finds. Li-ion batteries.
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