This report benchmarks the costs of transitioning to electric bus (e-bus) fleets in Latin America and the Caribbean (LAC), drawing on data from 13 countries and 21 cities covering the period 2021–2025. It examines the full cost structure of e-bus deployment, including vehicle acquisition, charging infrastructure, and operating costs, and explains the substantial variation observed across markets. The findings show that e-bus costs are shaped by vehicle specifications, procurement scale, market maturity, and policy environments, with substantially greater price dispersion than conventional diesel buses. Charging infrastructure costs are highly sensitive to project scale, grid conditions, and depot location, highlighting the need for integrated transport and power sector planning. While e-buses offer clear operational advantages, these benefits depend on sound planning, competitive procurement, and coordinated policies. By improving transparency around key cost drivers, the report aims to support better decision-making and accelerate the sustainable scale-up of e-bus deployment in the region.

Infrastructure Assets: Transit Assets
Resource Types: Case Study/Practice Example, Research Report
Capabilities: Data & Information Systems, Tools & Technology
Management Processes: Monitoring & Adjustment, Performance Reporting & Communication, Strategic Direction