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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric10/6/2017 8:00:20 AM
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Camden To Be Home To New Jersey’s 1st All-Electric Buses, Purchasing Units From Proterra

October 6th, 2017 by James Ayre

Camden, New Jersey, will soon be home to the state’s first all-electric buses thanks to the utilization of a $500,00 Federal Transit Administration (FTA) Low or No Emission Vehicle Deployment Grant (Low-No) for the purchase of several battery-electric buses from Proterra, according to the nonprofit coalition ChargEVC.



Once the purchase has been completed by NJ Transit, the all-electric Proterra buses will be operating out of Camden’s Newton Avenue Garage.

“This action by NJ Transit follows ChargEVC’s recent Roadmap release, which includes electrification for all communities so that the benefits of electrification are enjoyed equitably throughout the state,” Green Car Congress reports.

“Each Proterra bus will eliminate more than 243,000 lbs. of CO2 and help to improve air quality for the Camden community. These transit vehicles will also provide marked savings. With lower year-over-year operation and maintenance costs resulting from having thirty percent fewer parts, and lower and more stable fueling costs when compared to a standard diesel bus, NJ Transit has the potential to achieve more than $450,000 in operational savings, per vehicle, over 12 years, according to ChargEVC.”

On a related note, it’s probably worth taking a look at the recently released details of the Federal Low or No Emission Vehicle Deployment Grant program — there are a quite a number of cities other than Camden set to benefit substantially from the program.

Also take a look at further background information on Proterra’s offerings: Proterra Electric Buses Up To 8x More Efficient Than Their CNG-Powered Cousins. Or scroll through dozens of previous Proterra articles for a deeper dive.

cleantechnica.com
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