Electric Buses: Enabling Green and Efficient Urban Transport

An exciting transition is underway in transport markets as electric buses begin to gain momentum. Electric buses can have lower cost of ownership and offer a pathway towards reducing carbon emissions in urban environments. However, significant challenges weigh on their benefits, including a lack of technical knowledge, high up-front costs, integration issues, and regulatory gaps.

The IFC Electric Bus Toolkit offers a systemic approach to key stakeholders interested in developing electric bus projects that are operationally feasible and commercially viable, from idea to implementation.

IFC’s unique advantages

  1. Deep understanding of public transit electrification in emerging markets
  2. A single source for comprehensive support, from needs assessment, to financing, and implementation
  3. Mobilization of additional partners, including advisors, donors, and investors

A systematic approach to building e-bus systems

Following a step-by-step strategic approach, IFC can support cities and fleet operators in their unique journeys to adopt e-buses, from assessment to guidance, structuring, investment, and implementation

  1. Preliminary Assessment: Identify project needs and develop tailored support packages.
  2. Business Model Assessment: Provide guidance on structuring bankable business models and regulations.
  3. Technical and Financial Feasibility Assessment: Identify optimal bus and supporting infrastructure to meet operational needs at the lowest total cost of ownership.
  4. Operations Assessment: Build necessary operational capabilities in areas such as scheduling, charging, maintenance, and staff training.
  5. Procurement Guidance: Help plan and conduct procurement tenders that achieve best value for money, in line with international good practice.
  6. Investment: Design tailored financing solutions, including mobilizing blended concessional finance.
  7. Pilot (optional): Assist in pilot operations and evaluations.
  8. Project Implementation Support: Provide additional services to optimize sustainability, such as monitoring implementation, integrating gender considerations, restructuring routes, and generating captive renewable energy.

Video: An exciting transition in urban transport