Rio de Janeiro announces PPP for 175 electric buses and charging depot
Rio de Janeiro has announced a R$509 million project for 175 battery-electric buses and a new charging depot. The plan is backed by R$329 million in financing from BNDES and matters because it expands electric bus deployment in the city.
Rio de Janeiro has announced a R$509 million ($98.2 million) public-private partnership for 175 battery-electric buses and a new charging depot.
The project is backed by R$329 million ($63.5 million) in financing from Brazilian development bank BNDES, according to the city.
The financing was announced by the City of Rio de Janeiro on September 25 at Terminal Gentileza.
Rio de JaneiroCity of Rio de JaneiroBNDESTerminal Gentilezaelectric busespublic-private partnershipcharging depotBNDES financingurban transportBR