Electric Buses Could be the Norm by 2030
In 2017, transportation became the top source of greenhouse gas emissions. Global carbon emissions due to fossil fuels have increased dramatically in the last century. Growing carbon emissions are leading to global warming and climate change which have a massive impact on the insurance sector.Zimlon’s analysis reveals that CO2 emission from heavy-duty vehicles has reached an all-time high in 2020. Among these, carbon emissions from buses were the third-highest.
In this regard, electric buses could be viewed as a viable alternative to reduce carbon emission by introducing cleaner public transportation. The number of electric buses in the world has grown at a good rate in 2019. China saw the maximum number of electric buses being deployed, in a bid by the country to reduce its massive air pollution. Shenzen city in China had the highest number of electric buses compared to all other cities in the world with more than 16,559 operational electric buses. New York City has the second-highest number of electric buses with about 5,973 operational electric buses. California has mandated that all by 2029, all buses bought by the citie’s mass transit agencies should be zero-emission vehicles.
It is expected that nearly half of the public transportation buses on the road will be completely electric. The total number of electric buses on the road around the world is set to hit 1.2 million in 2025 compared to 386,000 in 2018. One challenge that electric buses would have to overcome is efficiency, currently, electric buses have a range of about 225 miles per charge, which has to be dramatically improved to ensure mass adoption by governments across the world.