increasing ratio of city buses. In 2017, China’s overall e-bus retention rate reached 35.9 percent, and every three buses included an e-bus
, according to a report released by the consulting company under the China Center for Information Industry Development.
Wu Chuxiao, senior analyst at the Automobile Industry Research Center under CC
ID Consulting, said: “Currently, China’s NEV industry has the condition and foundation for large-scale promotion and application in terms of politics, eco
nomy, society and technology. However, limited by techniques, cost, infrastructure and public awareness, it sti
ll takes a certain amount of time to replace traditional vehicles with NEVs on a large scale.”
“Nevertheless, e-buses, as an essential part of the urban transportation network, have fixed
operation routes and distance, exclusive parking lots with charging facilities, as well as public fin
ancial subsidies. Chances are that China will take a lead in the further development of electric buses,” said Wu.