Post: Electrifying school buses will energize Ontario’s auto sector: Report

Electrifying school buses will energize Ontario’s auto sector: Report

Electrifying 65% of the school bus fleet by 2030 will create more than 13,000 new jobs and generate nearly C$2B in economic output in Ontario, according to a recent report from the Pembina Institute.

Published on August, 24, the report outlines the potential advantages for Ontario’s automotive sector if it invests in electric school buses. With global electric bus sales predicted to reach $3.1B  by 2030 and similar growth trends in North America, the report said Ontario has a unique chance to capitalize on the growing demand by investing in electric school bus production and offering incentives for fleet purchases, thereby stabilizing and rejuvenating the commercial vehicle manufacturing sector.

Of all the categories of large trucks and buses, school buses are one of the easiest to electrify. For every dollar invested in the sector, as many or more jobs are created compared to light-duty vehicle manufacturing. If 65% of Ontario’s school bus stock is electrified by 2030 (which is Quebec’s target for school bus electrification), multiplier effects along the supply chain (vehicle and charger manufacturing and charger installation) could cumulatively create more than 13,000 jobs and generate nearly $2B of economic output in Ontario by 2030.

In addition to the economics, electric school buses bring further benefits. The school bus network plays a crucial role in the lives of thousands of children. The accessibility to zero emission buses is an integral component of a just transition to clean transportation for communities across North America and Canada.

At GridBeyond we support districts and school bus fleet operators to make the move to EV. We’ll take care of the hardware and software, as well as the energy intelligence systems and day-to-day operations. All without any upfront costs to you, ensuring our children have the brightest future possible.

Canada- Clean tech, electrification, and energy storage incentives- Whitepaper

This white paper is designed to help you understand exactly what demand response is, how it works, what benefits it delivers, and how it fits into a holistic energy management strategy.The importance of market forecasting, revenue stacking, dispatch optimization, and auction strategies in ensuring that battery storage assets achieve their full value potential.

Learn more