China’s wild binge of solar manufacturing drove down the costs of solar panels, both by oversupplying the market and by hastening economies of scale. In effect, the country voluntarily took on the costs of pushing solar panels onto the “S-curve” of rapid growth, a strategy that will greatly benefit the Chinese—and the rest of humanity. Now there’s evidence that China is in the midst of doing the same thing for another key clean-energy product: electric buses. China has already electrified entire fleets of buses in some of its cities, and if costs keep plummeting, we could start seeing this happen in other cities around the world.
The cost of electric busses is plummeting—thanks to China
More of Today's Solutions
Citizen scientists map space from their backyards with this global telescope ...
BY THE OPTIMIST DAILY EDITORIAL TEAM In the quiet suburb of Monterrey, Mexico, Iván Venzor sat down for dinner with his family while a ...
Read MoreHow to stay safe during extreme rainfall and flooding: expert tips to prepare...
BY THE OPTIMIST DAILY EDITORIAL TEAM When it comes to extreme weather, preparation is everything. With climate change driving more frequent and intense storms, ...
Read MoreWhy a clover lawn is so much better than a grass lawn
Americans use more than 7 billion gallons of water a day on their lawns. Over half of that doesn't even help lawns. People overwater, ...
Read MoreElectric future: Why we need to make all stoves gas-free
A third of Americans cook with natural gas in their homes and many, especially kitchen-savvy chefs, seek out these appliances over electric versions, but ...
Read More
