Zero-emission buses marketshare in LatAm
2025 Download available: EN

This report provides a comprehensive overview of the state of investments and financing trends for zero-emission buses (e-buses) in Latin America from 2017 to 2025, focusing on Brazil, Chile, Colombia, and Mexico. It reveals a significant acceleration in the market, with cumulative investments reaching USD 4.4 billion, far exceeding initial commitments and financing over 5,500 e-buses. The analysis highlights that while investments are concentrated in major cities like Santiago, São Paulo, and Bogotá, smaller municipalities face financing challenges. The report details the predominance of debt financing and the critical role of development banks, while also examining the evolution of distinct business models—such as unbundled models in Chile and Colombia versus operator and public-led models in Brazil and Mexico—that allocate risks and responsibilities among stakeholders. Finally, it identifies ongoing and future investment opportunities, underscoring the growing yet uneven progress in the region’s transition to sustainable public transport.