China: Home of the electric bus

Bloomberg -Out of almost 425,000 e-buses worldwide at the end of last year, some 421,000 were in China. The global e-bus fleet grew about 32% in 2018, according to a BloombergNEF report released Wednesday, with the vast majority hitting the road in China. Europe had only 2,250 electric buses, by BNEF’s count.

China’s municipal e-bus fleet is projected to rise to more than 600,000 by 2025, according to BNEF, at a time when the U.S. is expected to have nearly 5,000. “There’s no industrial policy in the U.S. for e-buses,” said Nick Albanese, a New York-based analyst at BNEF. “So unless the U.S. manages to become a big exporter of e-buses, China will continue to stand apart.”