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Alex Gray — China is adding a London-sized electric bus fleet every five weeks

Summary:
Every five weeks, 9,500 brand new electric buses take to the roads in China.That’s the equivalent of the entire London bus fleet, says a new report by Bloomberg New Energy Finance.The world has around 3 million buses. Most run on diesel and compressed natural gas. The global fleet of electric buses now totals around 385,000 vehicles - and 99% of those are in China. Winning.World Economic ForumChina is adding a London-sized electric bus fleet every five weeks Alex Gray

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Every five weeks, 9,500 brand new electric buses take to the roads in China.
That’s the equivalent of the entire London bus fleet, says a new report by Bloomberg New Energy Finance.
The world has around 3 million buses. Most run on diesel and compressed natural gas. The global fleet of electric buses now totals around 385,000 vehicles - and 99% of those are in China.
Winning.

World Economic Forum
China is adding a London-sized electric bus fleet every five weeks

Alex Gray
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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