Skyrocketing costs for diesel fuel are pushing municipal governments and fleet operators to switch to electric buses.

The same supply chain monopolies that China enjoys in electric passenger vehicles, are deployed in the electric bus segment.

China was the first country to electrify the bus fleets in urban mass transit, with mass adoption completed in the early 2020’s.

Leading Chinese electric bus makers BYD, Yutong, and Higer are rapidly expanding in Europe, Asia, and South America, and winning large contracts over legacy brands.