R$1 Billion in Investments Will Be Used to Finance the Expansion of the Electric Bus Fleet in São Paulo

Written by Valdemar Medeiros

Published on 12/12/2020 at 09:13

Ônibus elétrico circulando

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Electric Buses in SP Will Receive Over 1 Billion Reais in Investments

This Thursday (10), an alliance between 17 investors and manufacturers was announced, aiming to inject around R$ 1 billion in investments to finance the increase of the electric bus fleet in four cities in Latin America: São Paulo – SP, Medellín (Colombia), Santiago (Chile), and Mexico City. The investments in the electric bus fleet aim to permit the circulation of over 3,000 of these vehicles.

According to the Alliance, All of Latin America Already Has Electric Buses in Circulation; Investments Will Enhance This Sector

According to the alliance proposing the investments, there are currently around 1,962 buses in operation across Latin America – meaning that investments in this sector will increase the number of electric buses by up to 150%.

The Zebra Alliance (Zero Emission Bus Rapid – deployment Accelerator) includes investors such as BNDES (National Bank for Economic and Social Development), Enel (which controls Eletropaulo), and EDP Brazil (another holding in the electric vehicle sector), along with manufacturers like BYD, Eletra, and Foton.

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São Paulo – SP Has 1.5% of All Electric Bus Fleet in Circulation in the City

In São Paulo – SP alone, there are 217 electric buses in circulation, which accounts for 1.5% of the entire fleet, preventing the emission of over 25,000 tons of CO2 annually. In the city of SP, about 61% of greenhouse gas emissions come from public transport, which consists of diesel-powered buses.

In Chile, specifically in Santiago, there is the largest fleet of electric buses, with over 770 buses that emit zero gases. Investments in this area promise less polluting vehicles within up to 12 months, with the possibility of putting them into circulation in up to 18 months.

R$1 Billion in Investments Will Be Used to Finance the Expansion of the Electric Bus Fleet in São Paulo

Electric Buses in SP Will Receive Over 1 Billion Reais in Investments

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R$1 Billion in Investments Will Be Used to Finance the Expansion of the Electric Bus Fleet in São Paulo

Electric Buses in SP Will Receive Over 1 Billion Reais in Investments

Read Also

According to the Alliance, All of Latin America Already Has Electric Buses in Circulation; Investments Will Enhance This Sector

São Paulo – SP Has 1.5% of All Electric Bus Fleet in Circulation in the City

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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