Penetration of electric buses set to double next fiscal

Counterparty risk, charging infra key hurdles; policy measures supportiveThe share of electric buses (e-buses) in new bus sales in India is set to double to ~8% next fiscal from ~4%1 last fiscal, driven by two factors. The first is the central government’s focus on decarbonising the public transport sector. Efforts are underway to deploy e-buses […]