E-Buses to Surge Even Faster Than EVs as Conventional Vehicles Fade
The electrification of road transport will move into top gear in the second half of the 2020s, thanks to tumbling battery costs and larger-scale manufacturing, with sales of electric cars racing to 28%, and those of e-buses (electric buses) to 84%, of their respective global markets by 2030. As the supply of cobalt emerges as a potential risk to the pace of growth in electrified transport over the next few years, the advance of e-buses will become more rapid than for electric cars, BNEF states.
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