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CEC awards Proterra $3M toward electric bus manufacturing plant; Foothill Transit orders 13 more buses

Green Car Congress

Proterra suggests that implementing the California Zero-Emission Public Transit Bus Manufacturing Project will help further lower production costs, reduce the upfront cost of zero-emission buses and accelerate widespread deployment and adoption. This system can be recharged on-route in less than ten minutes with a 500kW charge rate.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

The study, a companion to one released in January 2009 that analyzed the technical and cost tradeoffs of competing alternative power-train technologies, addresses the two principal variables in BCG’s analysis of the developing market for electric cars: the technical attributes and the costs of lithium-ion batteries for electric-vehicle applications.