The U.S. Department of Transportation announced on Monday that low- or zero-emission subsidies are available under the bipartisan infrastructure law.
CTA said it believes Chicago’s transit system is in a unique position to apply and compete for these funds, as it has been at the forefront of bus electrification during the decade, according to a spokesperson.
“Converting one of the nation’s largest transit bus systems is a massive undertaking that will take years and requires thoughtful and comprehensive planning,” CTA officials said.
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Vice President Kamala Harris said going electric would benefit everyone.
CTA has already started converting its bus fleet to electric. Nearly a dozen of them are now on city streets, and another dozen will go live later this year.
Officials said the grant could help them not only buy new electric buses, but also make the infrastructure upgrades needed to operate and support a fleet of nearly 2,000 electric buses.
The CTA said it plans to have an all-electric bus fleet by 2040.
Additionally, CTA also receives an infusion of funds from the federal government to stay afloat and help with day-to-day operations.
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They are among 35 transit agencies in 18 states that will receive a $2.8 billion tranche of grants funded by the U.S. bailout.
The CTA’s share is $118 million and is “essential to ensuring the CTA can continue to provide essential transit services in support of the city’s ongoing recovery efforts,” said officials.
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