Tag: PR Newswire

• Costa Rica is already making significant progress in collaboration with organizations such as the Country Bran essential COSTA RICA and the Trade & Investment Promotion Agency of Costa Rica (PROCOMER).

SAN JOSÉ, Costa Rica, Sept. 19, 2025 /PRNewswire/ — Known for its lush landscapes, paradisiacal beaches, and rich biodiversity, Costa Rica has much more to offer than natural beauty. The country boasts an exceptional business climate, a highly skilled workforce, consolidated agribusiness companies, and a wide variety of agricultural products that nourish the world. Among them, one of its most iconic exports shines through: the banana.

Bananas have been part of Costa Rica’s history since the 19th century. Initially grown for local consumption, the crop soon became one of the country’s top exports. Since then, this fruit has not only been a staple on Costa Rican tables but also on millions of family tables worldwide.

Today, Costa Rican bananas reach more than 45 countries, securing an outstanding position in global markets: Costa Rica is the world’s third-largest banana exporter, the third supplier to the European Union, and the sixth to Canada. In 2024, banana exports totaled USD 1.189 billion, representing 6% of national exports, 1% of GDP, and 33% of all agricultural exports.

“Beyond the numbers, bananas are a pillar of development in Costa Rica’s rural regions. The sector generates around 40,000 direct jobs and about 100,000 indirect jobs, benefiting thousands of families. In the province of Limón, on Costa Rica’s Caribbean coast, this crop employs approximately 76% of the local workforce, making it a key driver of social and economic stability,” said Laura López, General Manager of the Trade & Investment Promotion Agency of Costa Rica.

A Model of Responsible Production
The strength of Costa Rican bananas lies not only in their productivity but also in a production model rooted in innovation, traceability, and sustainability. The banana industry has consistently invested in research and farm productivity, while reducing agrochemical use and optimizing natural resource management.

Costa Rica produces bananas in harmony with the environment and with full respect for labor rights. Since 1992, the industry has voluntarily maintained the Banana Environmental Commission (CAB), a multi-stakeholder body that sets environmental standards, ensures compliance with labor laws, safeguards occupational health and training, and fosters social dialogue.

Through this model, Costa Rica has become a global benchmark for responsible production. The CAB has driven initiatives such as recycling plastics used in banana farming, implementing reforestation and forest protection programs, developing drainage and water management systems to minimize consumption and contamination, and monitoring the environmental impact in production areas.

In 2011, Costa Rica’s banana industry earned the Geographical Indication (GI) “Banano de Costa Rica,” the first registered in Latin America. This distinction certifies the origin, quality, and reputation of the product, setting it apart in international markets. Costa Rica remains the only banana-exporting country with a registered GI, reinforcing the industry’s prestige and its commitment to world-class social and environmental standards.

Beyond its economic and social impact, bananas also provide health benefits. According to Harvard’s School of Public Health, bananas help maintain a healthy heart, balanced digestion, and high energy levels.

Innovation and differentiation continue to keep Costa Rican bananas in high demand worldwide. Looking ahead, the industry is focusing on technology, scientific research, and investment in sustainability—areas where Costa Rica is already making significant progress in collaboration with organizations such as the Country Bran essential COSTA RICA, the Trade & Investment Promotion Agency of Costa Rica and the National Banana Corporation (CORBANA).

Costa Rican bananas are more than just a tropical fruit: they are a symbol of agricultural innovation, a social engine for thousands of families, and a healthy food that travels from the heart of Central America to tables around the globe.

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SOURCE Promotora del Comercio Exterior de Costa Rica (PROCOMER)

New RMI and Center for Green Market Activation initiative will enable Amazon, Prologis, Meta, and other leading organizations to participate in a first-of-its-kind joint purchase of sustainable concrete attribute certificates, driving investment into cutting-edge production facilities, low-carbon cement blends, and emerging technologies.

WASHINGTON, Sept. 19, 2025 /PRNewswire/ — In a landmark step for the cement and concrete sector, RMI (founded as Rocky Mountain Institute) and the Center for Green Market Activation (GMA) today launched the Sustainable Concrete Buyers Alliance (SCoBA), bringing together founding members, including Amazon, Prologis, and Meta, alongside other leading organizations to accelerate adoption of low-carbon cement and concrete for 21^st century buildings and infrastructure. SCoBA is the first buyers group formed to collectively procure environmental attribute certificates for low-carbon concrete, aiming to turn demand into real-world offtake agreements that enable producers to invest at scale in new infrastructure and pioneering technologies.

The cement and concrete sector accounts for around 8 percent of global carbon emissions and is predicted to grow significantly by 2050, but low-carbon options are currently not available at scale. The emissions from construction of factories, warehouses, data centers, and offices are difficult to address due to the embodied carbon from construction materials. SCoBA will leverage an innovative book and claim system to enable companies to purchase the environmental attributes from sustainable concrete and upstream products such as cement and clinker, reducing their associated supply chain emissions, and generating additional revenue to help finance capital-intensive decarbonization projects.

“The cement and concrete sector’s decarbonization challenge is also one of its greatest economic opportunities,” said Jon Creyts, CEO at RMI. “By aggregating demand from major buyers and establishing rigorous standards, we’re creating the market conditions for breakthrough low-carbon cement innovations to scale. RMI is proud to work with GMA and leading organizations to launch SCoBA and enable concrete producers to invest confidently in clean and resilient materials that lead to economic benefits.”

Later this year, SCoBA will begin to connect members with leading producers through a first-of-its-kind competitive procurement process for low-carbon cement and concrete certificates to meet the collective demand of its founding members and spur clean tech innovation. The first request for information (RFI) is open now, seeking information from suppliers about the current availability of low-carbon cement and concrete and its performance characteristics, prospective use cases, and operational approaches for environmental attribute certificates, as well as any opportunities or challenges related to participating in a book and claim system.

“SCoBA builds on proven approaches from other hard-to-abate sectors, bringing aggregated buyer demand to the concrete industry,” said Kim Carnahan, President and CEO at GMA. “By connecting buyers and suppliers through a credible book and claim framework, we can unlock the investments needed to scale next-generation cement and concrete solutions in one of the world’s most emissions-intensive industries.”

Book and claim is a market-based system that allows the environmental benefits of a product, like low-carbon cement and concrete, to be decoupled from its physical delivery. This system enables buyers to financially support sustainable production, regardless of where the materials are used, offering flexibility and scalability in decarbonization strategies. Book and claim is particularly effective in industries with complex supply chains in the beginning phases of technological transformation, allowing companies to make credible emissions reduction claims while accelerating market transformation.

SCoBA is leveraging a draft book and claim framework developed over a year-long stakeholder consultation process facilitated by GMA and RMI. This process featured a 30-member Working Group composed of experts across the cement and concrete value chain that met monthly to align on key design criteria to ensure the book and claim system promotes only high-integrity environmental outcomes. The draft framework is undergoing a comment and revision period and will continue to be refined over time with learnings from early attribute transactions.

“SCoBA represents a significant advancement in how we approach sustainable construction materials,” said Chris Atkins, Director, Worldwide Operations Sustainability at Amazon. “Its innovative procurement process and book and claim framework provide the tools needed to support lower-carbon concrete production at scale. Such efforts are critical in driving the broader market toward the materials needed for a net-zero future.”

RMI and GMA are leveraging their expertise from successful initiatives in other sectors, including the Sustainable Aviation Buyers Alliance (SABA), Sustainable Steel Buyers Platform, and GMA Trucking. Through these initiatives, RMI and GMA are encouraging the adoption of sustainable fuels and materials to lower the climate impact of some of the most emissions-intensive industry and transport sectors.

By aggregating and activating demand from major buyers, SCoBA aims to catalyze a transformation in the concrete industry—incentivizing development, deployment, and uptake of low-carbon materials, driving down emissions from the built environment, improving public health, and building a cleaner future from the ground up.

“Low-carbon cement and concrete are essential to decarbonizing the built environment and this alliance will help bring next-generation solutions to scale for the benefit of our customers,” said Keara Fanning, Director of Net Zero and Sustainability at Prologis.

To join SCoBA, please reach out to info@buildscoba.org.
To respond to the RFI, please visit:  https://gmacenter.org/program/cement-concrete/. Submissions are due by October 17^th, 2025.

Media Inquiries, please contact:
Chris Potter, Media Relations Manager, RMI T: 603-831-4189, E: cpotter@rmi.org

Alison Greene, Communications Manager, GMA E: alison.greene@gmacenter.org

About RMI
Rocky Mountain Institute (RMI) is an independent, nonpartisan nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to secure a prosperous, resilient, clean energy future for all. In collaboration with businesses, policymakers, funders, communities, and other partners, RMI drives investment to scale clean energy solutions, reduce energy waste, and boost access to affordable clean energy in ways that enhance security, strengthen the economy, and improve people’s livelihoods. RMI is active in over 60 countries. For more information, please visit rmi.org.

About the Center for Green Market Activation
The Center for Green Market Activation (GMA) is a US-based, globally focused non-profit. Through innovative book-and-claim systems, new and creative procurement approaches, and demand aggregating buyers’ alliances, GMA catalyzes and scales the uptake of low-carbon goods and services within carbon-intensive industries such as aviation, maritime, trucking, cement and concrete, and chemicals. With collective decades of experience in environmental markets and alternative fuels and materials, GMA works to standardize new, green markets and forges mutually beneficial partnerships between climate-focused companies, suppliers, and mission-aligned non-profit organizations to channel funding to critical climate technologies in pursuit of accelerated sectoral decarbonization. For more information, please visit gmacenter.org.

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SOURCE Center for Green Market Activation

State and Community Leaders Gather to Honor Past, Build Future with $1 Million State Appropriation

ST. JOHNS COUNTY, Fla., Sept. 19, 2025 /PRNewswire/ — St. Johns County hosted a historic celebration on Sept. 18 to mark the State of Florida’s $1 million appropriation for the planning and design of the Florida Black History Museum in West Augustine. The event honored the collective efforts of State and County leaders, community members, and advocates who worked tirelessly to make the project a reality. The St. Johns County Office of Public Affairs produced a video to capture this historic moment.

The $1 million appropriation from the State of Florida represents the first step in planning and designing the museum. County officials and community leaders emphasized that the project is the result of teamwork across all levels of government and society, reflecting a shared commitment to ensuring that Black history is remembered, studied, and celebrated.

The Florida Black History Museum will honor the past while inspiring the future, serving as a lasting symbol of resilience, unity, and pride for all Floridians.

The program began with a welcome from St. Johns County Commissioner Sarah Arnold, District 2, followed by a prayer from Pastor Anthony D. Britton of New Mt. Moriah Christian Ministry. The American Legion Post 194 presented the colors, and St. Johns County Sheriff Robert Hardwick led the Pledge of Allegiance.

Remarks were delivered by State Rep. Kiyan Michael, District 16; State Sen. Thomas J. Leek, District 7; Commissioner Sarah Arnold, District 2; Walter Weatherington, Chairman of the Florida Memorial University Board of Trustees; and Greg White, Founder of the West Augustine Historical Community Development Corporation.

Rep. Michael and Sen. Leek presented Commissioner Arnold with a large ceremonial check to commemorate the historic step towards the museum being located in St. Johns County.

“I’d be lying if I didn’t say I’d imagined this day many, many times over the last couple of years, as I think many of you have as well,” said Sarah Arnold, District 2 Commissioner for St. Johns County. “Together, we have experienced an incredible journey coming to this place. A wild ride, a roller coaster of emotions with highs and lows, ebbs and flows, but through sheer will, determination, perseverance, a whole lot of faith and prayer… we are here.”

The program also featured cultural performances, including New Mt. Moriah Christian Ministry leading “Lift Every Voice and Sing,” African dance by LaShantz Stevens, and a reading of Dr. Martin Luther King Jr.’s “I Have a Dream” speech by West Augustine eighth grader Robbi Nimmons. Rep. Michael closed the ceremony with final remarks and the presentation of a ceremonial check marking the $1 million appropriation.

The celebration took place on the grounds of the former site of Florida Memorial University in West Augustine, where generations of Black Floridians laid the foundation for education, equality, and justice.

The museum will highlight the stories, struggles, and triumphs of Black Floridians as an essential part of the state’s identity. It will stand as a place for learning, reflection, and inspiration.

“I just hope you take away one thing from today, and that is that this is only possible because of all of us,” said Commissioner Arnold. “This is a team effort, a community effort, a regional effort. Today is for everyone. This museum is for everyone. Black history is American history, and we are proud of our Black history in St. Johns County.”

For more information about the Florida Black History Museum, visit www.sjcfl.us/florida-museum-black-history.

Get more St. Johns County news by receiving our e-newsletters and learn how to stay informed with accurate, timely information through a blend of community outreach initiatives by the Office of Public Affairs.

Media Contact: Tyler Jarnagin, Public Affairs Manager
Cell: 904-814-9214
Email: tjarnagin@sjcfl.us

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SOURCE St. Johns County

PITTSBURGH, Sept. 19, 2025 /PRNewswire/ — “I thought there should be a simple and easy way to recycle contact lenses and their packaging to reduce pollution and help the planet,” said an inventor, from Santa Clarita, Calif., “so I invented the E O E (EYES ON THE ENVIRONMENT). My design may inspire future generations to search for additional ways to save the planet.”

The invention provides an improved way for contact lens wearers to properly dispose of the lenses and their packaging. In doing so, it encourages users to recycle contact lenses after use. As a result, it prevents the waste from ending up in landfills or the oceans. The invention features an environmentally friendly design that is easy to use so it is ideal for individuals who wear contact lenses.

The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 24-LOS-367, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

Transaction Expands Tenaska and Tyr Relationship and Strengthens Asset Value Across PJM, SPP and ERCOT

HOUSTON, Sept. 19, 2025 /PRNewswire/ — JERA Americas, Tenaska and Tyr Energy today jointly announced the completion of the share transfer of JERA Americas’ equity interests in three gas-fueled power plants to Tenaska and Tyr. The transaction closed Monday, Sept. 15.

“This transaction marks an important step in JERA Americas’ strategy to optimize our portfolio for future growth,” said Elijah Smith, JERA Americas’ senior vice president of M&A. “We are committed to reinvesting in assets that align with the evolving energy landscape and drive growth.”

The facilities in the transaction have a combined generating capacity of 3,005 megawatts (MW) and serve critical power markets across the United States. Together, these plants provide efficient, reliable electricity to hundreds of thousands of homes and businesses. Facilities include:

• Tenaska Virginia Generating Station – 940 MW, located near Scottsville, Va. (Serving PJM Interconnection)
• Tenaska Kiamichi Generating Station (Kiowa) – 1,220 MW, located near McAlester, Okla. (Dual grid facility serving both Southwest Power Pool – SPP and Electric Reliability Council of Texas – ERCOT)
• Tenaska Gateway Generating Station – 845 MW, located near Mt. Enterprise, Texas (Dual grid facility serving both ERCOT and SPP)

“Expanding our ownership is consistent with Tenaska’s strategy to deploy capital by investing in well-positioned generating assets,” said Dave Kirkwood, Tenaska senior vice president, head of capital deployment and finance. “We look forward to building upon our existing relationship with Tyr as we continue to provide reliable power in PJM, SPP and ERCOT. We thank JERA Americas for their support over the years.”

Echoing Kirkwood’s sentiment about the transaction, Kevin Calhoon, Tyr executive vice president of asset management and strategy, underscored the importance of the new framework. 

“We’re pleased to work with JERA Americas and Tenaska on this transaction and appreciate the collaboration throughout the process,” said Calhoon. “This acquisition reflects our commitment to investing in high-quality assets that align with the future of energy.”

About JERA Americas
JERA Americas is a large-scale power generation company that provides sustainable, affordable, and stable energy across the United States. We are a leader in lower-carbon fuels projects, including LNG, clean hydrogen, and ammonia for the U.S. and global markets. Headquartered in Houston, JERA Americas is the U.S. subsidiary of Tokyo-based JERA (Japan’s Energy for a New Era) which provides about 30% of Japan’s electricity. JERA is one of the largest energy providers and LNG buyers in the world. Read more at jeraamericas.com.

About Tyr
Headquartered in Overland Park, Kansas, Tyr is an owner, manager, and developer of North American independent power projects. Since its inception in 2003, Tyr has developed and invested in more than 40 power projects in the United States, including 12 investments in wind and solar assets. Tyr, through its wholly owned subsidiary, Tyr Energy Development Renewables, LLC, is currently developing a portfolio of solar and battery storage projects with a total capacity of more than 4 gigawatts (GW). Tyr is also an affiliate of NAES Corp., the world’s largest independent O&M provider, which operates approximately 250 thermal power plants with a capacity of 63 GW, as well as approximately 1,400 solar power facilities with a capacity of 2 GW.

About Tenaska
Tenaska is a leading energy company with business operations that span the energy value chain. Tenaska Marketing Ventures (TMV) and Tenaska Power Services Co. (TPS) are among the largest natural gas and electric power marketing companies in North America. The company has an operating fleet of 7,482 megawatts (MW) of natural gas and renewable generating facilities and has developed, managed and/or operated more than 23,000 MW of natural gas-fueled and renewable generation. Tenaska is also advancing more than 9,000 MW of natural gas-fueled generation and a portfolio of energy storage projects. For more information, visit Tenaska.com.

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SOURCE JERA Americas, Inc

DALLAS, Sept. 19, 2025 /PRNewswire/ — The Lennox (NYSE: LII) board of directors approved a quarterly cash dividend of $1.30 per share of common stock, payable October 15, 2025, to stockholders of record as of September 30, 2025.

About Lennox
Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at www.lennox.com.

Media Contact
pr@lennox.com

Investor Relations Contact
investor@lennox.com

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SOURCE Lennox International Inc.

GASTONIA, N.C., Sept. 19, 2025 /PRNewswire/ — Intrinsic Advanced Materials (IAM) announced that the Home Fashion Products Association (HFPA) has recognized CiCLO^® Technology with the 2025 Home Excellence Behind the Seams Award. This honor underscores the company’s commitment to addressing one of the textile industry’s fastest-rising concerns: microplastic pollution caused by the shedding of synthetic textiles. The Behind the Seams Award recognizes a supplier partner who has made an exceptional impact on the textile industry through innovation, meaningful partnerships, integrity, and leadership that drives positive change.

“We are honored and grateful for the recognition from such a prestigious organization,” said Andrea Ferris, CEO and co-founder of IAM and co-inventor of CiCLO technology. “HFPA’s mission to advance the growth of the global home fashion product industry by setting standards for excellence is vital to the health of our industry; for CiCLO technology to receive the Behind the Seams Award is tremendous validation for what we set out to achieve when developing it.”

Research from the Ocean Conservancy indicates that each year, an estimated 6.5 million metric tons of microplastic pollution are released globally from textiles. CiCLO technology addresses this challenge by enabling synthetics to break down more like natural fibers, such as wool, rather than persisting in the environment. Seamlessly integrated into existing supply chains, it gives brands and retailers a practical way to lessen their environmental impact while maintaining performance, durability and recyclability.

The award also highlights the scientists and entrepreneurs who turned a complex problem into a practical solution. Their work bridges advanced materials science with fashion, home, and performance textiles, giving brands a way to differentiate while staying ahead of evolving expectations, from regulatory discussions on microplastics to corporate commitments to circularity.

The recognition comes as CiCLO technology gains traction in new markets and partnerships with global brands. The team is also active in raising consumer awareness about microplastic fiber pollution and sharing knowledge across the textile supply chain. By working directly with manufacturers, brands and retailers, CiCLO technology helps the industry take practical steps toward reducing environmental impact.

About Intrinsic Advanced Materials
Intrinsic Advanced Materials, LLC (IAM) is a pioneering force in sustainable textile innovation and the company behind CiCLO^® technology. This award-winning solution helps reduce the environmental impact of synthetic microfiber pollution. Founded in 2018, IAM is a joint venture between Intrinsic Textiles Group, LLC, a Silicon Valley innovation company, and Parkdale Advanced Materials, Inc., the performance fiber division of Parkdale Incorporated, the world’s largest manufacturer of spun yarns, headquartered in Gastonia, North Carolina. Driven by a mission to combat microplastic pollution from textiles, IAM combines breakthrough science with deep industry expertise to deliver scalable, drop-in solutions for the global apparel and textile industry. CiCLO technology is produced in the USA and Asia. Synthetic fibers, yarns, and fabrics made using CiCLO are available worldwide, empowering brands and manufacturers to create high-performance products that are made to last, just not forever.

About CiCLO Technology
Launched in 2017, CiCLO technology is a textile ingredient that reduces the persistence of microplastic pollution caused by synthetic textiles. CiCLO technology allows synthetic textiles to break down naturally in the environment while preserving performance and recyclability. CiCLO technology is patented globally, proven safe for use in sustainable textiles with OEKO-TEX ECO PASSPORT certification, and has been rigorously tested for biodegradation by third-party labs using internationally recognized ASTM and ISO test methods. Home, hospitality, apparel, and workwear products made with CiCLO technology can be found at major retailers and brands, including Target, Billabong, Oakley, Walmart, Champion, McDonald’s, Bass Pro Shops, Best Western Hotels, and many more. For more information, visit www.ciclotextiles.com.

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SOURCE Parkdale Mills Inc.

Mid-Atlantic asset recovery and electronics recycler makes significant commitment to advertising with Investment Recovery Association (IRA) in addition to speaking on a panel at the 2025 Investment Recovery Association Conference & Trade Show in Westminster, Colorado next week.

BERRYVILLE, Va., Sept. 19, 2025 /PRNewswire/ — “C2 has grown organically since its inception in 1998 because of the relationships that it has established in this industry, and we are extremely proud of them,” says C2 CEO Chris Hansen. “Productive relationship cultivation makes choosing who we partner with and the effort we put into organizations we join critical, and we have been very pleased with our membership in the IRA.” ( www.c2management.com )

C2 joined the IRA last year and recently escalated the relationship by deciding to advertise in ASSET 2.0, the Investment Recovery Business Journal (Asset 2.0 VOL 4., 2025). Heralding its mission statement that features family values, the company showcased its founders Chris and Sharon Hansen in its first ad, and the familiar duo also is pictured in its conference exhibits. Tuesday September 23^rd, CEO Hansen will be speaking at the conference on E-Waste Recycling.

Investment Recovery Association Executive Director Jane Male appreciates the commitment C2 has made in the IRA and looks forward to a continuing relationship with C2 as it deepens its roots in the organization.

“It is rewarding to see companies like C2 benefit from IRA membership and take the next steps to getting more involved, and we look forward to hearing Chris speak as a panelist at the conference,” says Male. “The image of Chris and his Co-Founder wife Sharon is visible to membership and placement in ASSET 2.0 will further this familiarity. We look forward to C2 exhibitor participation as well.”

The Berryville, Virginia-based asset recovery and electronics recycling company joined the IRA to support a relationship with a Fortune 500 client it was working with. C2 maintains that much of its growth has been at the behest of client suggestions and interests. The company strongly believes that expressing interest in organizations that its clients are interested in will not only align objectives and enhance education but lead to new clients as well.

C2 Community and Industry Liaison Wally Greeves is excited about the new steps the company is taking with regard to the IRA and also looks forward to expanding on the relationships it has established.

“We are very much looking forward to visibility at this conference. Considering our past attendance, it feels like the advertising, booth exhibit, and panelist participation should really position us well to start some great conversations,” says Greeves. “We have invited fellow IRA members to visit our facility in the past and this has been responsible for some relationships that have resulted in business partnerships.”

C2 understands that now more than ever companies are extremely sensitive to consumer feedback regarding ESG practices and has maintained industry-leading certifications since they were available.

“Companies will always have many choices about how to position their assets for reuse or recycling, and I have always been proud of our ability to get a great return for our clients in ways that allow them to claim a superior level of corporate responsibility,” says CEO Hansen. “We have especially done well in categories that are not typical ITAD categories like medical, lab and testing equipment, or industrial assets. I look forward to bringing attention to the profit possibilities of some of these less mainstream categories as a panelist. It should be a great show.”

Check out our website at www.c2management.com

Follow us at Facebook, LinkedIn, and Twitter

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SOURCE C2 Management

DELRAY BEACH, Fla., Sept. 19, 2025 /PRNewswire/ — The global electric bus market is projected to grow from USD 23.80 billion in 2025 to USD 59.60 billion by 2032 at a CAGR of 14.0% during the forecast period, according to a new report by MarketsandMarkets. Recent advancements in battery and charging technologies, such as 350+ kW fast charging and depot-scale megawatt chargers, are helping electric buses to complete entire daily duty cycles without the need for mid-day charging, significantly improving their operational efficiency. This technological progress is reinforced by strong government support across regions. In India, programs like FAME II and PM-eBus Sewa provide generous subsidies, helping city transport corporations overcome the challenge of high upfront costs. In China, although national subsidies are being phased out, local governments continue to drive adoption through charging infrastructure incentives and favorable licensing policies. In Europe, the Clean Vehicle Directive (2021) legally mandates that at least 45% of new buses be ‘clean’ by 2025, with this target rising to 65% by 2030, compelling public transport operators to accelerate fleet electrification.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38730372

Browse in-depth TOC on ‘Electric Bus Market’
400 – Tables
140 – Figures
450 – Pages

9–14-meter buses are projected to be the largest segment by length till 2032.

9 to 14-meter category buses, due to their versatility and suitability for a wide range of applications, are projected to dominate the electric bus market. With an average seating capacity of 40 to 70 passengers, these buses balance size and maneuverability, making them ideal for urban public transport, suburban commuting, and even some intercity routes. Their dimensions allow them to navigate congested city roads while carrying many passengers, which is crucial for meeting the growing demand for sustainable urban mobility.

In terms of performance, many buses in this category are equipped with battery capacities that allow them to travel 150 to 250 miles (240–400 km) on a single charge. This range makes them suitable for full-day operations (mostly intra-city) without frequent charging, reducing downtime and ensuring higher operational efficiency for fleet operators. The popularity of this segment is also strengthened by the fact that government-funded clean bus programs and tenders worldwide often prioritize 9–14-meter buses, as they are best suited for large-scale deployment in public transit fleets. Additionally, their shorter charging times (1-2 hours for 200-300 kWh LFP batteries with 150 kW fast chargers) suit frequent stop-start schedules, as in London’s TfL network, where BYD K9 buses leverage depot charging infrastructure funded by UK’s (USD 600 Million) ZEBRA program, reducing operational downtime compared to larger articulated buses.

Manufacturers across Asia, Europe, and North America, including BYD (China), Yutong (China), CRRC (China), Tata Motors (India), Solaris (Poland), VDL (Netherlands), and Volvo (Germany), are heavily invested in this segment, offering multiple configurations to meet the specific needs of transit authorities.

As cities expand zero-emission zones and governments tighten emission norms, the 9–14 meter segment is projected to remain the backbone of electric bus adoption.

The >300 miles segment is projected to be the fastest-growing segment by range during the forecast period.

As city and transit operators demand vehicles that cover longer routes without frequent charging and the demand for electric coaches increases, the demand for such buses is expected to rise. The advancements in battery technology and the falling battery prices also support the opportunities for electric buses with more than 300 miles of range. According to reports, lithium-ion battery pack prices have dropped to USD 115 per kWh in 2024 and are expected to keep falling. LFP batteries are now priced even lower at around USD 95 per kWh. This has created opportunities for electric bus manufacturers to install bigger bus batteries, resulting in range extensions.

The growth of these category buses is also supported by advancements in high-energy-density LFP batteries (200–300 Wh/kg, 500–600 kWh packs). These larger battery systems allow buses to operate extended urban and intercity routes on a single charge, cutting fleet downtime by 20–30% compared to shorter-range models that rely on frequent opportunity charging (150 kW, 30–60 minute stops). This makes them ideal for high-frequency operations, such as in Shenzhen (China), where over 16,000 electric buses with an average range of 350 km cover 300–400 km daily. Technical improvements like advanced thermal management and regenerative braking further optimize performance and extend real-world range. These features also make them suitable for rural deployments, such as India’s BEST fleet using Tata Starbus models (324 kWh, 300 km range) for inter-village routes where charging infrastructure is limited. Additionally, the availability of faster depot charging solutions (350 kW, enabling full recharge in 1–2 hours) is supporting overnight fleet operations in Europe, further boosting the adoption of long-range electric buses.

Europe is projected to be the fastest-growing market for electric buses.

Europe is projected to be the fastest-growing market for electric buses during the forecast period. According to IEA, the region recorded 15% growth in sales in 2024, raising its share of global electric bus sales to over 10%, coming second only behind China. The UK had the highest sales for electric buses in the region, with around 2,000 electric buses sold in the country in 2024. Sales of electric buses in France and Germany were ~700 and ~1,100 units, respectively, for 2024. These three countries contributed more than 65% of the total electric bus sales for the region in 2024. Government programs highly support these sales of electric buses; for instance, the UK’s Clean Bus Fund and ZEBRA2 scheme are supporting large-scale adoption of electric buses, where around 1,200 electric buses were to be procured for ~USD 580 million. Similarly, in Germany, the federal government has committed USD 1.45 billion in 2024 to cover up to 80% of vehicle costs for zero-emission buses and 40% of charging infrastructure expenses. Other than this, Germany and the UK offer significant subsidies covering up to 80% of the purchase cost under programs such as Germany’s National Electromobility Development Plan and the UK’s Ultra-Low Emission Bus Scheme.

Additionally, Chinese manufacturers such as BYD and Yutong currently account for nearly one-third of Europe’s electric bus market, leveraging advanced battery technologies and economies of scale to offer competitively priced models. Their growth is further supported by major battery suppliers like CATL, which has set up production facilities in Europe; this helps reduce costs and mitigate supply chain risks. These government investments and the increasing dominance of Chinese players in the region, offering electric buses at lower prices, are propelling the demand for electric buses in Europe. The region has the presence of major electric bus suppliers, Yutong Co., Ltd. (China), Daimler (Germany), Iveco Bus (France), and Solaris Bus (Poland), which are the top manufacturers of electric buses in Europe.

Key Market Players of Electric Bus Industry:

Prominent players in the Electric Bus Companies include BYD Company Ltd. (China), Yutong Co., Ltd. (China), Xiamen King Long (China), CRRC Corporation Limited (China), and Daimler Truck AG (Germany).

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This report provides insights on:

• Analysis of key drivers (rising GHG emissions, government incentives and policies, overall targets to reduce fleet-level emissions and increasing demand for emission-free vehicles), restraints (CNG and biofuel buses slowing the adoption of electric buses, safety concerns in EV batteries and high development cost), opportunities (development of advanced battery technologies, transition towards hydrogen fuel cell electric mobility), and challenges (high cost of developing charging infrastructure) influencing the growth of the electric bus market
• Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the electric bus market
• Market Development: Comprehensive information about lucrative markets (the report analyzes the electric bus market across varied regions)
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric bus market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the electric bus market, such as BYD Company Ltd. (China), Yutong Co., Ltd. (China), Xiamen King Long (China), CRRC Corporation Limited (China), and Zhejiang Geely Holding Group (China)

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Get access to the latest updates on Electric Bus Companies and Electric Bus Industry Growth

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BizClik Launches Sustainability LIVE: Climate Week NYC 2025 to accelerate global climate action, happening on 22 September

NEW YORK, Sept. 19, 2025 /PRNewswire/ — BizClik, via its Sustainability Magazine and the Sustainability LIVE event series, is proud to present Sustainability LIVE: Climate Week NYC 2025, an essential gathering for business leaders, climate technologists, procurement experts, and policymakers committed to sustainable transformation.

Taking place during Climate Week NYC, the one-day, high-level forum will be held on 22 September 2025 at Convene, 360 Madison Avenue, New York City. The event will bring together leading voices in sustainability, ESG, technology, procurement, and corporate leadership.

What to Expect

• Exclusive audience: Over 500 invite-only C- and V-level executives will engage in insight-driven sessions. 
• High calibre of speakers: More than 50 internationally acclaimed speakers, including Chief Sustainability Officers from major brands like PepsiCo, General Motors, IBM, Cisco, United Airlines, Volvo, and more. 
• Robust agenda: Ten interactive panel discussions across dual stages, covering themes such as global decarbonisation, sustainable procurement and supply chain, the role of AI in sustainability, gender equity and leadership, nature-based solutions, circular economy, and energy transition. 
• Networking & collaboration: Hundreds of networking opportunities with peers, thought leaders, and innovators.

Audience & Reach

Sustainability LIVE: Climate Week NYC 2025 will draw C- and V-level executives, sustainability officers, procurement leaders, innovators, and policymakers. Attendees will include those who shape climate strategy at some of the world’s largest companies.

BizClik’s media channels and its network will provide live coverage, interviews, and analysis. Global content distribution will target decision-makers in the US, UK, Europe, and Asia.

Saskia van Gendt, Chief Sustainability Officer at Blue Yonder and speaker at the CSO Strategy Summit, commented:

“Influential events like Sustainability LIVE give Blue Yonder a platform to demonstrate how innovation and sustainability can – and must – go hand in hand. It’s a valuable opportunity to learn from others facing similar challenges, explore new ways of integrating ESG across global operations, and bring back actionable insights to strengthen our own sustainability roadmap.”

Sponsorship & Partnerships

The event is supported by headline sponsors, including:

• Siemens
• Arcadis
• SWEEP
• Capgemini
• SAP
• Ecovadis
• Kyndryl

Additional backing comes from corporate, media, and impact partners such as: The CPD Group, Global Impact Coalition, HAAMI Digital Consultancy, Environmental Business Review, and Renewable Wire.

Key Themes & Sessions

• Decarbonising Global Supply Chains: How companies are mapping and reducing Scope 3 emissions.
• ESG & Climate Reporting Trends: Best practices, regulatory pressures, and where the next wave of reporting is heading.
• Climate Innovation & Investment: Emerging technologies, fintech tools, and funding models enabling climate action.
• Cross-Sector Collaboration: Partnerships among business, government, finance, and NGOs as accelerators of climate progress.

About Sustainability Magazine

Sustainability Magazine is a leading publication covering corporate sustainability, ESG, and climate strategy. Part of BizClik, it delivers in-depth reports, interviews, and global rankings, alongside its flagship event series, Sustainability LIVE.

About BizClik

BizClik is a global B2B media and events company producing sector-specific content across technology, sustainability, procurement, fintech, AI, and more. Through digital magazines, websites, newsletters, webinars, and award-winning events, BizClik connects enterprise leaders with executive audiences to drive strategic business engagement.

For more information, visit: www.bizclikmedia.com

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