What is CAPEX

Building confidence for zero emission buses has been the strategy to create demand in Latin America. A few cities have more e-buses than any other region in the world outside of China. It all started by testing hybrid and electric buses, sharing data, building innovative economic models, making site visits, and sharing results in workshops. It all occurred during the last 10 years. Institutions including development banks are now committed to assisting with the transition towards zero emission public transport in cities. A number of bus suppliers offer their technologies, most of them from China as Europe is still behind in the Latam e-bus market. Most barriers have already been broken, and confidence in the technology and the market has brought investors to the region. E-buses are key to reducing greenhouse emissions in the region, and the accelerated transition is helping cities with this challenge.