(International Finance Corporation, Washington, DC, 2020-01) Graham, John
Electric buses have been the fastest-growing electric vehicle segment over the past five years by a wide margin. The market is changing quickly as both national and local governments make new commitments to address climate change and the horrific air quality conditions that plague some cities. To convert these ambitious commitments into reality, there is need of investable and bankable business models that work on a standalone basis. The state-heavy model, complete with lavish subsidies, won’t work for developing countries. So, the marketplace needs to invent the wheel here. Based on the early work on electric vehicles, what are some of the business models taking shape are presented in the report.
This Note compares the development of highway and railway infrastructure in India and China during 1992 and 2002. It examines key strategies pursued by the countries including China's highway financing schemes; China's planning, design, tendering, and supervision of construction; potential lessons learned from India's highway sector development; the comparative financial and operational performance of the two countries; and lessons learned from China railways, particularly its ability to achieve to achieve higher output and productivity.
