- Austria’s Recovery and Resilience Plan, an EU-funded instrument to respond to the economic fallout of the Covid-19 pandemic, aims to facilitate green and digital transition initiatives in line with the EU’s environmental A major focus of the plan will finance
$960 million in zero-emission mobility projects. The first tranche will be spent on the procurement of an estimated 600 zero- emission buses for public transit and the related infrastructure at a cost of $285 million, of which $160 million is allocated for 2022. Public grants for the acquisition of full battery electric buses, hydrogen fuel cell electric buses and overhead wire electric buses will be allocated by the Austrian government based on proposals
from eligible Austrian entities, including bus operators, transportation infrastructure companies, and public transit providers. Austria’s largest public bus transit provider, Postbus, conducted a pilot project for hydrogen fuel cell buses in the city of Graz in 2019. As this project scales up, Postbus, which is owned by Austrian Federal Railway, is expected to invest extensively in buses, electrolysis and refuelling stations.
www.trade.gov/market-intelligence/austria-public- transportation.
