Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell
Green Car Congress
AUGUST 20, 2012
In a new report, “ Electric Drive Buses ”, Pike finds that China market will constitute the majority of global electric drive bus sales, while some of the more developed markets will see fluctuations in electric bus uptake. North America is the leading market for this technology, with hybrids capturing 30% to 40% of annual transit bus sales.
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