“A developed country is not a place where the poor own cars, but where the rich use public (electric) transportation”
Quote from Gustavo Petro, Former Mayor of Bogotá
At the end of 2020 European electric buses penetration was far behind the market needs with a share equal to 0.9% of the 970,000 vehicles (source: PWC Report for Enel X) running across our cities, thus heavily contributing to pollution EU citizens are exposed to. Furthermore, comparing this figure with the Chinese electric fleet, made by almost 590 thousand e-buses, the picture becomes frustrating.
source: PWC Report for Enel X | Bus Market Research | Bus Technology circulating
Enel X ambition is to foster public transport electrification by 2030, promoting local industries, communities and growing also outside Europe. In fact, around 30 billion of euro of investment would be expected over the next 10 years which would lead to the electrification of around 140,000 EU urban buses (source: McKinsey for CEO alliance).
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The political commitment should increase by:
To conclude, we have noticed in Chile the electric buses development has led to greater use of public transport proving the thesis that a developed country is not a place where the poor own cars, but where the rich use public (electric) transportation.
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Francesco, é molto interessante, fate un ottimo lavoro a Enel X! 👏👏
We assist companies to go global, find relevant business partners & manage new global business opportunities.
1yHi Francesco, It's very interesting! I will be happy to connect.
Price strategy | I work with business owners and their teams on price strategy, value management & performance analysis
3yAgree 100%.
Independent innovator for the social sector. I find value in Gandhian, Buddhist and socialist thoughts.
3yMy only question is - are e-buses really saving on the environmental pollution? Because that only works well when the power plants are either nuclear (long term pollution) or solar. Even if you allow for the efficiency of electric drive to drive through irratic traffic Vs. an IC engine's inefficiency in similar conditions, is it a lot of saving that is worth the effort? Is the new investment in new buses (new mining, new energy used for production, etc etc) worth the energy and pollution saved? Note that scrapping old vehicles requires a lot of energy (crushing, melting, recasting, etc) and creates a lot of pollutant waste streams. I am confused.
Founder & CEO at TEP Renewables Ltd
3yWow. In Europe we have a lot to learn!