The ecological and economic impacts of the comprehensive implementation of electric buses in New York City

Abstract

Electric buses usually use batteries or electric motors as power sources, which do not generate exhaust emissions and help reduce air pollution and greenhouse effect, making them more environmentally friendly than traditional fuel buses. In this study, we established a model for New York City to estimate the ecological consequences and financial implications of the transition from fuel powered buses to electronic buses. In addition, we have established an optimization model aimed at helping the New York government and bus companies better allocate funds. The research results indicate that compared to traditional fuel powered buses, electric buses have many positive impacts in both ecological and financial aspects. Therefore, it is necessary to gradually shift from fuel powered buses to electronic buses.