There are many electric buses in this area. Proterra manufactures them in Greenville, SC (area is also home to the largest BMW factory in the world, Michelin US headquarters, and Clemson University's I-CAR campus. That is their International Center for Automotive Research).
Clemson Area Transit is the public transit provider for Clemson University and surrounding towns. My understanding is that they are the first transit company in the US to have electric buses account for more than 50% of their fleet. Been running them for several years now. Proterra is based in Silicon Valley with Greenville being their east coast manufacturing facility.
Proterra website is pretty interesting with battery technology and drive technology for heavy duty vehicles. Might be a stock to buy and hold.
Electric vehicles are much more energy efficient than combustion engines but will require way more electrical generation capacity than we have now. That amount of energy released from burning millions of barrels of fossil fuel will have to come from the power plug to the battery charger for electric vehicles. May also be time to look at investment in nuclear power as well. Takes a lot of energy to push a bus - whether it is corn fed to the mules, a guy shoveling coal, a big diesel tank, or a power cord. BTU's, joules, calories, HP, KW (however you measure energy) - Still takes the same amount of delivered energy to the wheels to move the bus regardless of the source. Find the lowest cost most acceptable source and maximize the efficiency.
Back in 2010, Proterra was on the brink of financial ruin. “Greenville’s Gang of 13" was there to help with a new investment.
hypepotamus.com
Proterra is a leader in the design and manufacture of zero-emission transit vehicles, reducing costs and delivering clean, quiet transportation for all.
www.proterra.com