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York Region secures $76M federal funding for electric bus fleet expansion
July 8, 2024
By
Canadian Manufacturing
YORK REGION — The Regional Municipality of York receives a federal investment of $76 million to help the region build an electric bus fleet and reach net zero by 2050.
Supported by this funding, York Region will get 180 zero-emission buses, 91 battery electric chargers, and 14 on-route chargers. Provided through the federal government’s Zero Emission Transit Fund, 180 buses will come into service to reduce emissions by approximately 15,982 tonnes annually.
York Region’s three existing transit facilities that will house the zero-emission buses will also be upgraded with solar power and battery energy storage systems, further reducing emissions and growing clean-energy alternatives.
In addition to the federal investment, this project is supported by a $136 million loan announced last year by the Canada Infrastructure Bank (CIB).
“York Region’s transition to electric buses is a critical step toward reducing emissions for decades to come. The Canada Infrastructure Bank’s $136 million loan, combined with the Zero Emission Transit Fund grant, supports much cleaner and quieter public transportation for residents,” said Ehren Cory, CEO of the Canada Infrastructure Bank.
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