NFYEF - Lithium Investing - Mass Transit Fleets Shift To Electric Driving Demand For Batteries
Decreasing cost for lithium battery systems has begun to spur a shift to hybrid and all-electric transit bus fleets around the world. Over the past year, municipalities have won headlines about the electrification of their mass transit fleets. It is in my opinion that this is an exciting, emerging market for the lithium battery supply chain because of the vast number of transit bus and motor coaches deployed globally, and specifically because of the large battery packs that are required per bus. Further, the frequency of bus replacement generally remains consistent and it is backed