An anonymous reader shares a report: Transit vehicles today are mostly powered by gasoline, diesel, and CNG, while batteries only represent about 1 percent of the market. It is currently a small part of the industry, but it's also the fastest growing fuel source in the sector and it's starting to become highly competitive. Electric bus maker Proterra is ramping up production and currently claims to be cheaper than diesel and CNG. It leads CEO Ryan Popple to make a bold prediction that battery-powered buses will dominate the transit bus market within 10 years. More specifically, he says that the majority of new bus sales will be electric by 2025 and all new bus sales to transit agencies will be electric by 2030. Proterra has so far only delivered a few hundred all-electric buses, but they have been announcing several major deals lately, like 73 buses from King County's Metro Transit, that seem to indicate there's a shift in the transit industry.
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