Oh dear!

This is a serious vanity project by London’s Mayor. Each bus is reprted to cost around £360,000 (just over $500,000) to build, 20% more than other buses in use. But there is also a £7.8m ($12 million) NRE charge for design and prototyping, paid for by London residents. The party line is that this will be repaid in royalties when the bus is sold elswhere. Don’t hold your breath guys.