LPT: E-mobility at the heart of investments
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COMPANIES AND STAKEHOLDERS RENEW THEIR CONFIDENCE IN NME: EXHIBITION’S SECOND EDITION BECOMES THE FOCAL POINT IN ITALY FOR DISCUSSIONS ON GREEN PUBLIC TRANSPORT

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COMPANIES AND STAKEHOLDERS RENEW THEIR CONFIDENCE IN NME: EXHIBITION’S SECOND EDITION BECOMES THE FOCAL POINT IN ITALY FOR DISCUSSIONS ON GREEN PUBLIC TRANSPORT

READ THE PRESS RELEASE

LPT: E-mobility at the heart of investments
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Significant progress is being made in the electrification of the public transport system. Both Italy and Europe are taking important steps towards sustainable mobility, according to recent studies.

The electrification of public transport is gaining ground in leaps and bounds across the world. This is the trend at the centre of two recently published studies that allow us to chart, with a wealth of data, the direction taken by Italian, European and global LPT. According to Bloomberg New Energy Finance's (BNEF) Electric Vehicle Outlook 2024, the share of electric vehicles in urban registrations will continue to grow at an accelerating rate, exceeding 60% by 2030 and reaching 83% of registered vehicles by 2040. This is the global position. However, it should be emphasised that, again according to Bloomberg data, the world's 3.4 million city buses account for just 1% of global CO2 emissions from road transport. Again, according to the report, e-buses will make up 86% of the world's bus fleet by 2050. Moving from the global level to the European and Italian context, Motus-E's study "Evolution of the electrification of local public transport", published in June 2023, shows that Italy has seen an unprecedented increase in the volume of zero-emission city buses put out to tender: two-thirds of the Class I segment awarded in 2023 were electric. This amounted to 2,500 vehicles. This development has been driven by the huge resources (and associated rigid deadlines) provided by the NRRP, which, together with the National Strategic Plan for Sustainable Mobility and other funding streams, has injected 7.5 billion euros into the LPT world for the renewal of the vehicle fleet (over the 2019-2033 period). More than 80% of these funds insist on alternative drive systems. In 2023, the European city bus market saw significant growth in engines that can be defined as 'non-diesel', accounting for 73% of new registrations, with zero-emission buses accounting for more than 40% of the total across Europe. Battery electric technology is the only technology that has seen steady growth for more than a decade, with a 53% increase in registrations in 2023, when more than 6,000 units were registered in Europe.