To this extent, TransLink will require $95 million to $447 million in new funding over the next ten years. The amount of funding required is dependent on which approach the Mayors’ Council chooses; cautious, progressive or aggressive. This ambitious plan is unfunded and requires significant support from senior governments, is TransLink position to date.
Three scenarios for the transition
As reported on Electrive, «In the cautious scenario, 35 electric buses and a fast charger will be purchased, which should enable 30 per cent of all routes to be served. In the progressive scenario there are 314 electric buses and four fast chargers, in the aggressive approach the 635 electric buses and 17 fast-charging stations. In terms of operating costs, the last scenario could result in operating costs of up to 124 million dollars per year».
“Transitioning the bus fleet to zero-emissions technology is an essential step toward breaking the region’s dependence on fossil fuels,” according to TransLink CEO Kevin Desmond. “This strategy sets out a bold course that will eventually allow us to provide 100% green public transportation.”