Germany electric bus market is estimated to grow at a considerable CAGR during the forecast period (2019-2025). Funding plays a crucial role in purchasing electric buses. In Germany, municipalities are considered to be the key end-users of electric buses to decline the carbon emission level. Berlin, Frankfurt, and Hamburg municipalities are under the impression of purchasing electric buses to limit the carbon emission level. In July 2019, the German Federal Ministry for the Environment (BMU) had granted $15.6 million to the five cities namely Aachen, Bochum, Gelsenkirchen, Duisburg, and Offenbach for the purchase of around 70 electric buses.
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As of July 2020, Germany's government is supporting over 1,000 new electric buses for public transport operators with a total of $730 million in subsidies. Wiesbaden (120), Berlin (120), Osnabrueck (62) Nuremberg (52), and Hanover (48) are the biggest single projects running in the country. The availability of government and private funding for the deployment of electric buses in Germany is promoting the deployment of electric buses in the country. For instance, the Hamburg transport authorities received around $57 million in support for 96 new e-buses, accounting for 80% of the additional costs of an e-bus compared to a conventional diesel bus as well as 40% of the new charging infrastructure.
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