Outlook on Electric Buses in India - Busworld Academy
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Environment Check Proportion of Urban Population in India Exposed to Air Pollution 35% 32% 29% Percentage of Urban Population • Urban areas in India 30% 25% are exposed to high 20% level of air pollution 15% 12% 10% 10% 8% • As awareness of air 5% 6% pollution increases, 1% 0% 0 - 50 (Good) 50 - 100 100 - 200 200 - 300 300 - 400 400 - 500 >500 (Very governments will be (Satisf actory) (Moderate) (Poor) (Very poor) Particulate Matter (PM10) level (μg/m 3) (Severe) Severe) Data source: CPCB forced to clamp down on pollution sources Source : Business Standard
Environment Check Air Quality Index Proportion of Urban Population in India ExposedPM in Delhi Biggest Global 35% experiment32% to Air Pollution 10 29% Concentration on Pollution Percentage of Urban Population Pre and Post Lock 30% 25% in Delhi Down 20% Pre and Post Lock 15% 12% Down 10% 10% 8% 6% 5% 1% 0% 0 - 50 (Good) 50 - 100 100 - 200 200 - 300 300 - 400 400 - 500 >500 (Very (Satisf actory) (Moderate) (Poor) (Very poor) (Severe) Severe) Particulate Matter (PM10) level (μg/m 3) Data source: CPCB Effect of lockdown amid COVID-19 pandemic on air quality of the megacity Delhi, India SusantaMahatoSwadesPalKrishna GopalGhosh
NEED Parameters for EV remains still valid and critical Rapid • India, as rest of the world, is experiencing unprecedented rise Urbanisation in urbanisation • India is expected to have more than 68 cities with populations more than 1 million in 2030 Traffic • A typical Monday at 8PM in Congestion & New Delhi Pollution Challenges for Design of Future Mobility Solutions
Why Electric Mobility ? In order to deliver significant GHG emission reductions, transport • Sustainability electrification needs to go with the National Electric Mobility decarbonisation of power Mission • Protection of generation. environment 100% e-mobility by 2030 • Deep social change FAME (Faster Adoption and Manufacturing of Hybrid & Major driving factors for Electric Vehicles in India) new technology developments Key Areas : 1/3rd Crude Imports Technology Development India 3rd used on transportation Demand Creation largest Oil Pilot Projects Consumer 80% on Road Charging Infrastructure transportation 4 million bpd c Copyright, Confidential, Tata Motors Limited
FAME II Puts Big Focus on Buses Vehicle segment-wise Incentives, Maximum Number of vehicles to be supported Total Approximate Incentive ## Maximum Sr. Approximate Size of @ 10000/KWh for all Maximum Ex-factory Total fund support Vehicle segment Number of vehicles No. battery in KWH vehicles and 20000/KWh for price to avail incentive. from DHI to be supported Buses and Trucks 1 Registered e-2 Wheelers 1000000 2 KWH Rs.20000/- Rs. 1.5 Lakhs Rs. 2000 Cr Registered e-3 Wheelers 2 500000 5 KWH Rs.50000/- Rs. 5 Lakhs Rs. 2500 Cr (including eRikshaws) 3 e-4 Wheelers 35000 15 KWH Rs.150000/- Rs. 15 Lakhs Rs. 525 Cr 4W Strong Hybrid 4 20000 1.3 KWH Rs.13000/- Rs. 15 Lakhs Rs. 26 Cr Vehicle 5 e-Bus 7090 250 KWH Rs.50 Lakhs/- Rs. 2 Crores Rs. 3545 Cr Total Demand Incentive Rs. 8596 Cr Cap on incentives for buses will be 40% of the cost of vehicles and for all other categories it will be 20%. ## The proposed amount of incentives per KWH are, however, subject to review as per the reduction in battery costs & thereby reduction in vehicle cost and would be notified accordingly from time to time. It is to be noted that the number of vehicles and fund support among the sub components as above is fungible with the approval of PISC. FAME II has allocated . 3500 Cr Rs for 7000 buses in the country. 5595 Buses have been sanctioned.
Progress in the Deployment of E Buses • Supported by Fame I as well as Initiative by various STU’s, more than 600 buses have been deployed across various parts of India. Pune Kolkatta Indore Lucknow Jammu Guwahati Mumbai Ahmedabad Hyderabad Silvasa Kullu –Manali and many more 9
Potential Demand for City Buses in INDIA • As per the Indian transport policy there should be 50 buses per According to 100K population. rough estimate • Based on this there is total requirement of around 160K buses in this will prevent the city transport against only around 40K today. net foreign • Graph below proposes the annual volume of EV buses to be exchange outflow purchased every year until 2030 to meet NITI AAYOG’s Target saving of 5 B $ ~5600 ~600 Till 2030 > 12,000 to 15,000 EV buses need to be deployed every year
Success Story of EV Buses in INDIA • Kolkata deployment of EVs has earned Global recognition • Tata Motors EV bus has been awarded Golden Peacock Award in the Innovative Product Category. • In General EV buses apart from Zero Emission have confirmed the low running cost in Rs/ km as compared to Diesel / CNG vehicles. 11
Challenges of E Mobility Specifically wrt Buses Commercial In spite of all good intentions, the progress has been slow: Govt. Subsidy High Initial must Cost GCC Model • Operators need to provide Bank Repeated Guarantee Cancellations of • High cost of Funds Tenders • Need for long High Anxiety duration funding and New Players Uncertainty Excessive Uncertainty of competition the Payments In sufficient fare collection. Thin Margins State Govt need to fill Govt Desire to the viability Gap keep the Fare Low 12
Challenges of E Mobility Specifically wrt Buses Post COVID Challenges • Potential Shift from Public Transportation and preference for private transport Over crowded Buses EV has been treated – Difficult to maintain as Elite Service and Social distancing preference for Air norms conditioned buses Inadequate buses Anxiety for traveling Longer waiting time in closed environment • Vulnerability of Supply Chain While big strides have been made in localising the supply chain through local development of many components and systems, However for some of the critical high value items still are dependent on Imports Battery Cells Motor and Invertors especially high torque motors 13
Challenges of E Mobility Specifically wrt Buses Technical Challenges Challenges Potential • Vehicle range • High Energy Density Batteries • Improvement in Efficiency • Vehicle cost • Reducing Batteries cost • Integration and optimization, of EV aggregates • Battery pack replacement cost • Longer Battery Life. New Chemistries for Cathode and Anode. Better Thermal Management • Battery pack life • Higher Durability and Reliability of Various components and systems • Charging
Battery Sizing Battery Energy Aux Electrical Motor,, loads,, 8% Electrical Loads 3% Traction Motor + Inverter AC Air Conditioning System, system Traction 26% Motor, Battery cooling system 63% Traction cooling system AC Usage Electrical Power Weather consumptions Electrical Loads AC consumes almost 26% of the Battery Capacity Traffic, Weather and AC usage has a very significant influence on the energy consumption and there by Range and influence on Battery sizing
RANGE E-Buses can run on all routes and get charged during breaks Full charge ~ 2hours 1 4 60 km top-up ~ 1hr 2 Start of day Daily Operation End of Day (All buses start from a (Vehicle operated on (All batteries specific point in plant designated route till recharged at with full charges) shift-end) respective points in plant) Generally the authorities are not comfortable with opportunity charging and want only one 3 Shift changeover charging in night. There by (Vehicles come back to necessitating the bigger battery respective point for shift change, top-up and hence cost. charging to be carried out)
WAY Forward Commercial Levers • Cost Optimisation • Fair Tendering Process Aggressive localisation. Repeated cancellation and Shift from Built to Print to FSS retendering to be avoided. suppliers • Invest in R&D and System Design ,testing and Willing validation capability Operators • Favourable Funding Options Lower Cost of Funds for Operators in • Transparent and Automatic line with MSMEs Funding for project duration (8 ~10 Payment process Yr) No Bank Guarantee 17
Make In India – Cost Optimization Pack EV Motors Vehicle Charging Component Mobility Cell Mfg Integration & Control Vehicle Mfg Solutions Integration Solution & Assy Component Strategy Production & Module EV Components , Vehicle control Component ITS system, Motors, Inverters, Charging Software and Chassis & Body telematics and Assembly of Integration Integration & cables , DC DC Solutions energy manufacturing & Remote Single Cell & for Vehicle Assembly Modules Pack Converters etc Management Commissioning Diagnostic OEM TACO has established activities for play in EV eco system TATA Group Tata Group has initiated Companies for Localization in next 2-3 Years
Cost Optimization Significant strides have been made in achieving cost optimisation aided by: • Localisation for system and components • Battery Packs • Motors and Invertors • HVAC Base Vehicle EV Phase -I EV Phase -II 0% 7% 17% 10% 9% 8% 3% 3% 4% 53% 10% 0% 56% 21% 0% 57% 16% 20% 0%6%
WAY Forward Technical Levers • Improve Energy Efficiency COVID Compliant Individual Seat Layout Optimisation of system and Shift to Positive Pressure components Ventilation /improved Ventilation Innovative strategies Improved TCO • Optimisation of Battery Size Based on the Duty cycle and Routes • Non AC Buses may be Trade off between Life cycle and Initial Investment adopted Opportunity Charging 20
Modified Seating Layout • Modified Bus Layout to avoid close contact between Passengers • Pressurised Ventilation Or Optimisation of Windows sizes • HEPA Filters 21
AC Vs Non AC Bus AC has very significant influence on the Power Consumption Low Average speed due to high congestion High Idling As a result while the number of Hrs run of AC remains same, the number of kms run are lower hence kWh / km is high. Temperature setting Energy Cons. kWh/km 260kWh 218 kWh 0.9 0.833 0.7 23Deg C 25Deg C Non AC 25Deg C Non AC Battery Size for 200km Range with AC Temp Setting 80% DOD and 100 to 20 % SOC 22
Viability Gap Analysis • With battery prices dropping to $ 200 , • Electricity cost Rs 8 • Interest cost 8 % • Funding for 10 years On Total Cost of Ownership the EV can be commercially Viable on TCO Basis Source :Tata Motors Data
Sustainable Mobility In country like INDIA there is a huge need and dependence on Public Transport For Sustainable Mobility there is a strong case to have more and more E Buses on the road Source; ev Infographics
Thank You
Mr. Gerald Ollivier Lead Transport Specialist, Transport Global Practice @ The World Bank ›
Busworld Academy Webinar Outlook on Electric Buses in India 16 July, 2020 Gerald Ollivier Lead Transport Specialist 27 Outlook on Electric Buses
Key Role of Buses Buses offer several advantages to the transport systems Buses can go everywhere in a city and “feed” Comprehensive rail/metro services and provide connectivity to the peri-urban and rural areas around the city Buses will always be the mode Buses are cheaper than other transport infrastructure – that reaches every part of the Low cost both capital and ongoing costs per passenger kilometre city, in any scenario In right conditions, expansion can be rapid, especially Their capacity can be rapidly Fast and scalable where the private sector is harnessed increased for modest capital input Urbanisation will re-shape cities and how they are Flexible used. Bus networks can adapt as cities change Buses need to be put at the centre of policy and Per passenger trip, buses emit just 10-25% of the developed to full capacity, Environment Friendly particulate matter and CO2 vs. other transport modes, even if metro systems are a number further reduced with E-buses implemented A national policy and programme can have far Locally driven reaching implications – implemented and shaped 28 locally to meet the needs of different states and cities Outlook on Electric Buses
But Low Supply of Indian Cities have poor service level of buses Buses Buses/ Lakh Population 250 Cities with well functioning transport systems globally 200 have 100-200 buses per lakh people while most Indian cities are far below 50 buses 150 per lakh people Bus supply in Indian cities has not kept up with growth in 100 population and personal vehicles 50 FAME-I & II are the largest national level programs for increasing bus supply since JNNURM. 0 Moscow Hong London Tokyo Paris Beijing Madrid Tehran Singapore Chicago Bengaluru Delhi Mumbai Kong 29 Source: UITP Outlook on Electric Buses
A Gradual Shift Status of FAME Schemes and Sanctioned subsidy for 2,488 buses through 435 Operational E-Buses (FAME I; SmartCity) FAME II (Contracting underway) Market Size GCC Outright Purchase 9m Bus 12m Bus FAME I & II schemes have been 160 800 750 140 the key drivers of e-bus market 575 600 in India; Pune (~140 buses) and 120 Ahmedabad (40 buses) are the 80 75 400 380 260 only exceptions. 40 40 40 40 200 140 40 30 100 98 ~500 e-buses are currently 15 15 50 70 65 70 operational across India. 2,488 0 0 PMI Olectra TaMo JBM AL Mytrah sanctioned subsidy for PUN HP HYD AHM LKO KOL N J&K GAU Foton BYD Solaris MUM procurement under FAME II, out Forecasts: Phase I Likely to be Led by Govt. Subsidy; Expansion by Viability & Access to Financing of the target of 5,595 buses, to 2020: 830K Buses 2030E: 25% E-Buses be rolled out over the next year. STU-Urban Limited participation observed in recent bids while many tenders were cancelled due to STU-Intercity ? E-Bus Pvt Stage ICE/ CNG higher than expected bids. Carriage Pvt Contract Carriage What will drive pace? Pvt Others 30 Source: Current total buses based on Road Transport Year Book 2016 Outlook on Electric Buses
Key Drivers: Economics TCO Comparison: AC E-Bus vs. ICE bus 1. Total Cost of Ownership INR/ Km Illustration (70,000 km/ year) (TCO) for e-buses vs. ICE 57,000 km/year 168,000 km/year buses 98.0 87.5 101.1 68.0 100.7 54.5 19,7 17,7 16,8 Two examples provided here; Even at current prices, TCO of FAME II bids saw a 65% 6,6 16,8 variation in cost between electric AC buses is highest and least quotes received across cities competitive Vs. BS-VI AC 9,8 25,5 6,6 2,1 8,6 buses. However, as most STUs 9,0 7,2 2,1 operate non-AC buses, the 9,0 4,8 15,7 6,0 more relevant comparison is 17,1 14,5 1,8 9,3 83,0 with non-AC BS-VI buses 5,4 which cost 30% lower than e- 14,4 14,4 14,4 14,4 buses despite subsidy 48,5 22,0 22,0 22,0 22,0 Significant variance in bids received under FAME II. E-Bus E-Bus wSubsidy BS VI AC Bus BS VI Non AC Bus Intra-city GCC Bid Inter-city GCC Bid GCC Bid Driver Conductor Bus Cost Battery Cost Charging Infrastructure Interest Fuel Maintenance Source: World Bank Analysis, FAME II Bids for a Tier 1 City and Large State Note: (1) TCO varies significantly based on operational characteristics like service-km per day, business model choices like outsourcing ownership and operations along with the terms of outsourcing; (2) Key assumptions for illustrative working: AC E-Bus (ex-battery) cost of INR 1.20Cr; Battery cost of INR 18,750/ kwh and battery size is 250 31 kwh; 100% debt financing at 10.0% interest; Average speed of bus assumed at 18km/hr; 10 year operations; Electricity cost at INR 5/ kwh; Diesel at INR 64/ lit; Battery Outlook on Electric Buses range and charging time assumed to meet operational needs
Key Drivers: Economics Battery Cost Has Potential to Drop by 30-40% 2. Battery Cost Battery Cost in India to Decline from $230/kWh in 2018 to $143/kWh by 2024 Reduction in battery cost is likely to be a key driver for adoption of electric vehicles. Source: Bloomberg NEF, SIAM, Tesla, CRISIL Research The Indian government is seeking to reduce import dependence and increase localization of EV batteries through the phased manufacturing program (PMP), which is valid till 2024. This incentivizes companies to set up integrated battery and cell giga factories (battery production capacity upward of one gigawatt-hour) for manufacturing and assembling lithium batteries in the country. Countries with giga factories, such as China and 32 South Korea, are known to have battery costs that are around 20-30% lower than the global average. Outlook on Electric Buses
Key Drivers: Finance 1. Create viable options Projected STU Financial Performance February 2020/2021 (INR cr) with/without COVID Financing and Funding 90000 81267 With COVID-19, STU finances 80000 76526 have been deeply impacted, 70000 Enhance Revenues: leaving limited room to further Vehicle Registration Tax, Annual increase the deficit, as E-buses 60000 60332 Vehicle Tax, Fuel Surcharge would. 50000 40830 Rebalance Expenditures within Before undertaking new 40000 35696 State or City budgets projects, a clear vision for bus 30000 transport at national, state and 20935 city levels, backed by 20000 supplemental funding is Adjust fares 10000 required. 0 Costs Revenues Deficit Pre-COVID COVID 33 Outlook on Electric Buses
Key Drivers: Finance Business Model Market Commercial Key Comments 2. High Potential Use Cases Size Potential with Private Participation Gross Cost Contracts (GCC) • Risks for STU in terms of financial Vehicles owned and operated by private entity sustainability of E-Bus operations with per-km payment by STU • Concern on certainty of payment for private Eg: FAME II tenders, Pune operators and contract bankability & terms The high potential business models will be evaluated in Financial Lease (Public Transport) • Lower upfront costs consultation with State Vehicles leased and operated by STUs or private • Unclear tax implications entity against a fixed rate/km • Considered as asset in balance sheet Transport Undertakings Eg: Cities in China • VGF subsidy may still be required (STUs), Original Equipment Manufacturers (OEMs) and Unbundled Model (Public Transport) • Less upfront costs STU / Operator procure bus and lease battery • Lack of FI’s/NBFC’s or leasing companies operators. Eg: Proterra in USA • Lack of re-use/re-cycle market impacting development of leasing options The TCOs for each of these Aggregator Model (Public Transport) • No policy/regulatory environment for such a models and key policy Aggregator (SECI or DISCOM in LAC) procures model the e-bus and batteries and leases to operators. • Lack of DISCOM or aggregator which has enablers needed to promote Eg: Costa Rica expertise to play this role the model will be identified. Private Intercity Buses • No FAME subsidies available Vehicles operated by Service Provider; Vehicles • Need for distributed charging infrastructure, may be owned or leased common charging, depot and terminal Eg: Purple Mobility Mumbai-Pune facilities 34 Outlook on Electric Buses
Key Drivers: Institution Operational Capabilities Battery size Mileage Required for Successful Operations Battery life cycle Type of charging The introduction of electric buses requires State engagement, as Range of travel the complexities associated with Seating capacity charging and higher upfront Seating capacity costs are substantial. The process must take into account several Electric Physical body Diesel more factors when deploying an Bus characteristics Bus electric bus than a diesel bus. Idle time STUs need to understand the Physical body need for a completely different characteristics Location of charging approach to vehicle deployment stations and scheduling, due to the Skill set for maintenance intersection between charging requirements, range and Climate; Energy for AC operating schedule. Maintenance costs Additional space for charging infrastructure 35 Outlook on Electric Buses
Moving Forward Current situation and areas of improvement 1. Improving E-bus Allow different types of bidders • Eligibility criteria for service providers vary between cities currently Tendering by STUs • Need to create a National level pool of pre-qualified e-bus service providers Encourage more bids per tender • Bidding criteria need to be made more investor friendly to attract higher Discussions with STUs, OEMs, number of bids per tender to increase competition and reduce costs operators and consultants suggest certain key gaps in Evaluate Total Cost of • Cities need evaluate Total Cost of Ownership (TCO) over lifecycle tendering process for electric Ownership (TCO) including staff, bus and infrastructure costs in addition to the current buses in India. Least Cost (L1) based evaluation Define technical and functional • Functional specs like list of depots and routes need to be clearly defined Tendering of e-buses in India specifications clearly in the tenders to enable accurate estimation of costs and risks needs to evolve into a partnership between STUs and Adopt consultative tendering • The tendering process needs to evolve into an equal partnership service providers which is process between the STUs and service providers towards overall improvement in based on a more consultative service quality and not just being a client-vendor relationship tendering process and clear definition of obligations of Procurement timelines to allow • Rushed timelines have previously resulted in inadequate consultation and adequate consultation and review of tender conditions. both parties. course correction • Tenders need to be adequately spaced out to allow consultation and course correction to arrive at the appropriate specifications 36 Outlook on Electric Buses
Moving Forward 2. Improvements to the Legal and Financial Considerations Payment Terms Master Concession • 10 vs.16 year contract tenure to suit • Standardized payment timelines Agreement battery life, loan tenure and payback • Certainty of payments via assessments - Escrow mechanism Discussions with STUs, OEMs, • Reduced bank guarantees to lower - Letter of Credit by State Govt. operators and consultants cost of financing • Annual escalation mechanism to suggest certain key gaps in • Flexible SPV structure esp. for OEMs include: contracting of electric buses in with ability for exit/ new investors - Wage and energy cost inflation India. Suggestions revolve • Clearly defined authority and - General inflation around key themes: operator obligations • Clear and detailed disclosure Defining Penalties • Objective staffing qualification • Standardized practices criteria • Simplify Service Level Agreements • Transparency in process • Infrastructure responsibilities • Practical timelines for SLA reports • Commitment to adhere to • Detailed training requirements • Allowance for external events like responsibilities of the STU traffic congestion • Alignment to on-ground • Linking penalty and payment timelines facts and situations • Including incentives in addition to penalties 37 Outlook on Electric Buses
Moving Forward Operator OEM STU Intervention 3. Access to Financing and Bankability • Even the largest private • Key OEMs have a A+ • Not applicable • Equity infusion Credit intra-city operators have a credit rating (CRISIL) with into private bus small scale and limited significant size and scale operators Worthiness: credit quality. to take leverage • Development of Balance • Largest private bus • However, OEMs are not institutional Sheet Access to financing for the operators have at best keen to be primary leasing partners Metrics BBB+ rating (CRISIL) principals in provision of current GCC model for bus bus services services is limited by the weak • EMI payment dependent • EMI payment dependent • Security of payments • Escrow for ticket financial profile of bus operators on receipt of cash flows on receipt of cash flows collection Repayment impacts access and cost and the poor track-record of Capacity: from STU from STU of finance • Sovereign • For the same private payment timely payments by STUs. Cash Flow operator with GCC guarantee Certainty contracts access of In addition to the improvement financing is different in the MCA, additional market depending on STU Liquidation: • Robust secondary market for ICE commercial vehicles; Used vehicle estimated at 3-5x • Vehicle/ battery interventions will be required to Viable the units sold for new commercial vehicles buy-back by attract capital. Secondary • Secondary market for electric vehicles yet to develop OEMs Market Recommended Changes to MCA to Increase Bankability of Contracts: Risk Sharing Termination Payments Based on which party has influence Currently heavily in favor of Terms during termination are over applicable conditions. Eg: Risk contracting authorities which currently not covering operator/ of traffic on operations reduces bankability of the project OEMs min payment responsibilities to financing institutions 38 Outlook on Electric Buses
Moving Forward Summary 1 2 Addressing Limitations in Improvements to MCA Tendering Process Improvements to the tendering process and the MCA will lay the 3 foundation for establishing a Access to Finance robust E-bus market by creating the right environment for qualified bidders and financiers. More Qualified Bidders Competitive Bid Pricing Robust, Growing E-Bus Market 39 Outlook on Electric Buses
Dr. Sajid Mubashir Scientist G, Department of Science & Technology, Member-secretary, DHI-DST Technology Platform for Electric Mobility ›
Electric bus Technologies Make for India EV bus for the Tropics Sajid Mubashir, Scientist G, Department of Science & Technology sajid@nic.in
Electric buses are at inflection point China has 4 lakhs Electric buses; 98% of the global electric bus population Europe has 4000 electrified buses, which is 20% of annual sales United States eBus is 0.5 % of market. In India, 75000 buses are sold every year even a small conversion to eBus is significant
FAME scheme adds 7000 eBuses Can’t choose technologies initially We can learn from world class buses deployed. Most buses are from BYD Battery weighs +3 tons. Lithium iron phosphate battery that are safe, but still need cooling to be effective. On board charger of 80 kilo watts Hub mounted Motors; motor is inside the wheels BYD bus carries its own charging apparatus. But it takes whole night to charge & battery is big enough for the bus to run the whole day
Batteries for Electric buses The city bus operate on define routes with known passenger load. So energy use is predictable City bus operations are energy efficient and regenerative braking is possible due to frequent start stop operations Generally a trip length is
Fast or Opportunity Charging eBus
Charging Concept linked Battery Type Two types of batteries are used on Electric buses Lithium iron phosphate Developed by Arumugam Manthiram & John Goodenough Non toxic, uses abundant iron, excellent thermal stability & safety. Good electrochemical performance & capacity. In short it is a good for India. Lithium titanate oxide Use lithium titanate nanocrystals instead of carbon. Surface area of 100 sq.m/g compared to 3 sq.m/g for carbon. Very fast charging & provides high currents when required. Long cycle life 10000 cycles at 25 degree At 55 degrees it still gives 1000 cycles
eBus is Trojan horse for battery BYD bus carries 3 tons battery & Yutong has even bigger battery. Yutong also uses fast charging battery from Microvast. Smaller in size but needs dense charging infrastructure LFP & LTO are recommended batteries for eBus in India due to the tropical climate ACC (Battery Cell) manufacturing mission must be linked to the spread of Electric buses in India, since such large volume Bus battery is required. These two battery types are priority, since they meet the strategic goals of higher ambient temperature & more indigenous material.
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