August 5, 2020

IEA case study #2: electric buses in Santiago, Chile

In 2017, Metbus, a private bus operator in the capital of Chile, Santiago, partnered with Italian utility Enel and BYD to bring two electric 12-meter BYD K9FE buses to Santiago. Following the pilot, Metbus worked with BYD and Enel X Way, an Enel subsidiary, to add an additional 100 BYD K9FE buses in 2019. Each bus costs an estimated $295,000. Enel X Way financed the buses, and leased them to Metbus for 10 years, after which ownership will be transferred to Metbus. Read about more details here.