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Where Electric Vehicles Make Sense

On Friday, New Flyer Industries (TSX:NFI, OTC:NFYEF) unveiled its first all-electric bus prototype.

New Flyer is far from the first manufacturer to launch an electric bus.

The first deployment of electric buses on a commercial route was at the end of 2010 in Seoul, using buses developed by Hyundai and Hankuk Fiber. Wikipedia lists twenty manufacturers of electric buses worldwide. Even in North America, Balqon Corporation (OTC:BLQN), a maker of heavy-duty electric vehicles, launched their own 14-passenger electric bus a little over a month ago.

Yet so far, no major major manufacturer of heavy duty transit buses in North America has a battery-electric bus in commercial production.
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