Municipal buses electrify rapidly: over 60% sales by 2030, 83% by 2040. E-buses to reach 86% of global fleet by 2050, aiding in pushing towards decarbonization in public transportation.
Lithium-iron-phosphate (LFP) batteries gain traction in electric buses due to safety, longer life cycle, and lower costs. China leads in EV adoption, followed by Europe with stringent emission policies.
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