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Council loans Cardiff Bus £3.8m for EVs

21 June 2019
 

Cardiff Council is to loan its arms-length company Cardiff Bus £3.8m to help finance the purchase of electric buses. 

In February the DfT awarded the council £5.7m from its ultra-low emission bus scheme     for 36 electric buses (£5.356m) and associated infrastructure (£341,000) (LTT     15 Feb). The funding represented 75 per cent of the cost differential between  diesel and electric buses. 

Cardiff Bus made a loss of  £2m...

+80% more

 

 
 
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