Shenzhen Bus Group Co., Ltd (SBG) (Chinese: 深圳巴士集团股份有限公司; pinyin: Shēnzhèn Bāshì Jítuán Gǔfèn Yǒuxiàn Gōngsī) 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.
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]
^"Introduction to Shenzhen Bus Group". State-owned Assets Supervision and Administration Commission of the People's Government of Shenzhen Municipal (in Chinese). 8 July 2019. Retrieved 9 March 2020.