{"id":132165,"date":"2021-07-14T14:22:06","date_gmt":"2021-07-14T14:22:06","guid":{"rendered":"https:\/\/precoinnews.com\/?p=132165"},"modified":"2021-07-14T14:22:06","modified_gmt":"2021-07-14T14:22:06","slug":"factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/","title":{"rendered":"Factbox-Five facts on why electric buses are key to Biden's green agenda"},"content":{"rendered":"

(Reuters) – President Joe Biden has vowed to significantly reduce emissions by 2030, while at the same time creating new, well-paid green energy jobs. His administration has identified bus electrification as one of the main ways to achieve that goal.<\/p>

Buses are shown being built at the BYD electric bus factory in Lancaster, California, U.S., July 1, 2021. Picture taken July 1, 2021. REUTERS\/Mike Blake<\/figcaption>

While more than half of transport emissions are produced by conventional passenger cars, diesel-powered transit buses are considered among the worst polluters, particularly in America\u2019s cities.<\/p>\n

MASS TRANSIT POLLUTION<\/h2>\n

Converting transit buses to battery or fuel-cell power is considered one of the fastest ways to reduce greenhouse gas emissions from the transportation sector, which at 29% accounts for the largest share of U.S. emissions.<\/p>\n

LOSING THE ELECTRIC BUS RACE<\/h2>\n

Of the United State\u2019s roughly 70,000 largely diesel transit buses, only around 2% are currently zero emission, according to the Center for Transportation and Environment, which advises transit agencies on clean energy buses.<\/p>\n

That puts the United States far behind China, which has converted nearly 60% of its bus fleet, according to Chinese government data for 2020. In Europe, electric buses made up 6% of total new bus registrations in 2020, according to the European Automobile Manufacturers\u2019 Association.<\/p>

Slideshow ( 4 images )<\/span><\/figcaption>

WHO FUNDS U.S. ELECTRIC BUSES?<\/h2>\n

U.S. transit agencies receive a large part of funding from the Federal Transit Administration, an agency within the U.S. Department of Transportation that has provided nearly $670 million in e-bus grants over the last eight years.<\/p>\n

Thanks in part to that funding, the U.S. e-bus market is expected to balloon five-fold to $2.7 billion by 2024, according to analysts at P&S Intelligence.<\/p>\n

WHO ARE THE INDUSTRY PLAYERS?<\/h2>\n

The U.S. electric bus market is currently led by two players selling purpose-built battery-powered buses: California-based Proterra Inc and BYD North America, a unit of China-based BYD Co Ltd. Each company has sold around 1,000 e-buses in the U.S. over the past ten years.<\/p>\n

But electric models of incumbent diesel bus makers, including U.S.-based GILLIG, Canadian NFI Group Inc\u2019s New Flyer unit, and Canada-based Novabus, a Volvo subsidiary, are gaining in popularity among transit officials.<\/p>\n

New Flyer, GILLIG, Novabus, BYD and Proterra jointly have capacity to produce around 6,000 electric and conventional buses per year, with BYD making up around a fourth of overall production capacity.<\/p>\n

WHAT IS BIDEN\u2019S GOAL?<\/h2>\n

Biden aims to electrify 50,000 diesel buses, or roughly 70% of the U.S. fleet over the next eight years.<\/p>\n

Under a bipartisan agreement struck last month, $7.5 billion would flow to bus electrification programs, although that funding also includes electric school buses.<\/p>\n

Biden wants to see that pot of money spur creation of well-paying union jobs.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Reuters) – President Joe Biden has vowed<\/p>\n","protected":false},"author":3,"featured_media":132164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nFactbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Factbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"(Reuters) – President Joe Biden has vowed\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-14T14:22:06+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/07\/Factbox-Five-facts-on-why-electric-buses-are-key-to-Bidens-green-agenda.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/\",\"name\":\"Factbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2021-07-14T14:22:06+00:00\",\"dateModified\":\"2021-07-14T14:22:06+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/precoinnews.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Factbox-Five facts on why electric buses are key to Biden's green agenda\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Factbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/","og_locale":"en_US","og_type":"article","og_title":"Factbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News","og_description":"(Reuters) – President Joe Biden has vowed","og_url":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/","og_site_name":"Pre Coin News","article_published_time":"2021-07-14T14:22:06+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/07\/Factbox-Five-facts-on-why-electric-buses-are-key-to-Bidens-green-agenda.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/","url":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/","name":"Factbox-Five facts on why electric buses are key to Biden's green agenda - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2021-07-14T14:22:06+00:00","dateModified":"2021-07-14T14:22:06+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/markets\/factbox-five-facts-on-why-electric-buses-are-key-to-bidens-green-agenda\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/precoinnews.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Factbox-Five facts on why electric buses are key to Biden's green agenda"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/132165"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=132165"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/132165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/132164"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=132165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=132165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=132165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}