The results of the US$33.8 million (€26 million) European Bus System of the Future (EBSF) project have been announced following four years of intensive research and high-profile work. The project, which started in the midst of the financial crisis in 2008 and achieved several key results, aimed to develop a new generation of urban bus systems adapted to the needs of European cities as well as improving the perception of bus transport. By defining the bus system as a whole, rather than looking just at the v