How has Shenzhen, China, cost-effectively built a 100% electrified bus fleet?
In a highly noteworthy announcement made in late 2017, Chinese megacity Shenzhen had informed that it has a full electric bus fleet comprising a total of 16,359 buses. The announcement underscored an appreciable ‘green’ transportation effort by Shenzhen, a south-eastern city which connects mainland China with Hong Kong.
With its entire bus fleet having all electric vehicles, Shenzhen boasts the world’s first and the largest 100% electrified bus fleet. This electric bus fleet is bigger than the combined electric bus fleets of New York, Los Angeles, Chicago, New Jersey, and Toronto.
In building such a big electric bus fleet, Shenzhen has successfully and cost-effectively overcome the hurdles in the way of electrifying the entire city’s bus fleet. The main hurdles include high costs as well as lack of charging-station infrastructure.
There were four main tactics which enabled Shenzhen to overcome the hurdles and electrify its bus fleet in a cost-effective manner.
Firstly, national and local subsidies, along with other policy incentives, are available to electric-vehicle manufacturers in Shenzhen, and several other cities in China, to help close the cost gap between conventional diesel buses and electric buses. Secondly, some bus operators in Shenzhen have managed to save on upfront investments in electric vehicles by leasing the vehicles from manufacturers.
Thirdly, Shenzhen optimized the operations and charging of electric buses; and, finally, electric bus operators in Shenzhen benefitted from a lifetime warranty for buses and batteries from the manufacturers.
Mercedes has planned to premiere its new Maybach-branded concept -- the new Vision Mercedes-Maybach Ultimate Luxury SUV -- on April 25, 2018, at the Beijing Motor Show; but the images of the vehicle have already made their way to the World Wide We
Norilsk Nickel chairman Gareth Penny predicts that some metals his company deals with, will see a major change in demand and pricing.
Electric car sales in France recorded a notable year-on-year increase during the month of March; with the results highlighting a kind of ‘March Madness’ in the electric-vehicle (EV) market in the country.
Tesla reported loss of $2.04 per share in second quarter earnings announced in August but market analysts are worried about the company reporting even worse numbers in third quarter.
Tesla has recently confirmed its production and delivery data for the first quarter for current year. The data suggests that Tesla Model 3 has now officially become the best-selling electric car in the US.
Tata Motors and Indian Oil Corporation have recently launched India’s first-ever hydrogen fuel cell-powered bus --- the Tata Starbus. The real-world trials of the hydrogen fuel cell bus were flagged off in the country’s capital, New Delhi.