The global adoption of battery electric vehicles (EVs) and hybrid electric vehicles (HEVs) as a substitute for internal combustion engine cars (ICEs) in various nations offers a substantial opportunity to reduce carbon dioxide (CO2) emissions from land transportation. EVs are fitted with an energy conversion system that efficiently converts stored energy into propulsion, referred to as “tank-to-wheel (TTW) conversion”. Battery-electric vehicles have a significant advantage in that their exhaust system does not produce any pollutants. This hypothesis is equally relevant to public transport. Despite their higher upfront cost, electric buses contribute significantly to environmental sustainability during their operation. This study aimed to evaluate the environmental sustainability of electric buses during their operational phase by utilizing the life cycle assessment (LCA) technique. This paper used the MATLAB R2021b code to ascertain the mean load of the buses during their operation. The energy consumption of battery electric and hybrid electric buses was evaluated using the WLTP Class 2 standard, which refers to vehicles with a power-to-mass ratio between 22 and 34 W/kg, overing four speed phases (low, medium, high, extra high) with speeds up to 131.3 km/h. The code was used to calculate the energy consumption levels for the complete test cycle. The code adopts an idealized rectangular blind box model, disregarding the intricate design of contemporary buses to streamline the computational procedure. Simulating realistic test periods of 1800 s resulted in an average consumption of 1.451 kWh per km for electric buses and an average of 25.3 L per 100 km for hybrid buses. Finally, through an examination of the structure of the Hungarian power system utilization, it was demonstrated that electrification is a more appropriate method for achieving the emission reduction goals during the utilization phase.