Shenzhen Bus Group Explained

Shenzhen Bus Group Co., Ltd
Parent:SASAC (55%)
Transport International (35%)
Service Area:Shenzhen
Service Type:Bus services
Routes:352
Fleet:5698 (2017)
Fuel Type:Electric
Website:www.szbus.com.cn

Shenzhen Bus Group Co., Ltd (SBG)  is a Chinese state-owned company that offers bus passenger transportation services in Shenzhen.[1] [2] [3] In 2017, it made international news as the world's first fully electric bus fleet.

History

SBG was founded in 1975 and was wholly controlled by State-owned Assets Supervision and Administration Commission of Shenzhen.[4]

In 2005, Kowloon Motor Bus invested around 390 million CNY (US$47 million) to subscribe a 35% stake of the company, which was then re-registered as Shenzhen Bus Group Co., Ltd.[5] [6]

Operation

In 2017, SBG retired all of its diesel buses and started operating a fleet of 5698 pure electric buses on 352 routes in Shenzhen, making it the world's first fully electric bus fleet. It completed around 800 million passenger journeys among the total number of 1.6 billion in Shenzhen in 2018.[7] [8] [9] [10] [11] [12]

See also

External links

Notes and References

  1. Web site: Introduction to Shenzhen Bus Group . State-owned Assets Supervision and Administration Commission of the People's Government of Shenzhen Municipal . 9 March 2020 . ZH . 8 July 2019.
  2. Web site: Ren . Daniel . Shenzhen's all-electric bus fleet is a world's first that comes with massive government funding . South China Morning Post . 9 March 2020 . 23 Oct 2018.
  3. Web site: Shenzhen Bus Group Co Ltd - Company Profile and News . Bloomberg . 10 March 2020.
  4. Web site: Ying . Wang . Starting from Two Buses: 30 years of Shenzhen Public Transportation . Sina News . 11 March 2020 . ZH . 27 April 2010.
  5. Web site: Wu . Shuangzhou . Kowloon Motor Bus Invests Shenzhen Public Transportation Group . Sina Finance . 11 March 2020 . ZH . 5 February 2005.
  6. Web site: Tsang . Denise . KMB gains access to Shenzhen . South China Morning Post . 11 March 2020 . 30 September 2003.
  7. Web site: Zi . Wang . Shenzhen Bus Group Forges a Satisfying Public Transportation System for the Citizens . People's Daily . 9 March 2020 . ZH . 12 Oct 2019.
  8. Web site: Report of Transportation Operation in Shenzhen . Transport Bureau of Shenzhen Municipality . 11 March 2020 . ZH . 18 January 2019.
  9. Web site: Jiang . Si . Shenzhen Electrifies All Buses in September . https://web.archive.org/web/20220402011643/http://www.xinhuanet.com//auto/2017-06/16/c_1121152846.htm . dead . April 2, 2022 . Xinhua Net . Xinhua News Agency . 10 March 2020 . ZH . 16 June 2017.
  10. Web site: Keegan . Matthew . Shenzhen's silent revolution: world's first fully electric bus fleet quietens Chinese megacity . The Guardian . 10 March 2020 . 12 December 2018.
  11. Web site: Frangoul . Anmar . Electric buses, hybrid taxis and cycling: The increasingly green future of public transport . CNBC . 10 March 2020 . 22 March 2018.
  12. Web site: Griffin . Peter . What NZ can learn from China's electric vehicle revolution . Noted . 10 March 2020 . 13 February 2020.