When the Welsh Government announced plans in 2019 to deliver a zero emission bus fleet by 2028, it caused much surprise and wonder for bus operators, who had not been consulted in advance. How would the investment programme be funded, and what did the data mean for the value of operators’ existing diesel assets, given a bus has an asset life of circa 15 years? The Welsh Government appears to have now come to the conclusion that the 2028 timetable was unworkable. Buried away in the...
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