Electric Bus Market Scope And Analysis

Report Code : TIPAT00002413
Category : Automotive and Transportation

Status : Published
No. of Pages : 240

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Electric Bus Market Analysis Report 2022 to 2028

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Electric Bus Market Report Scope

Report Attribute	Details
Market size in 2021	US$ 29.18 Billion
Market Size by 2028	US$ 105.81 Billion
Global CAGR (2021 - 2028)	20.2%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Vehicle Type Battery Electric Bus Hybrid electric Bus Plug-in Hybrid Electric Bus By Hybrid Powertrain Series Parallel Hybrid Parallel Hybrid Series Hybrid By Battery Lithium iron phosphate Lithium Nickel Manganese Cobalt Oxide By End User Public Private
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	AB Volvo King Long United Automotive Industry Co Ltd Shenzhen Wuzhoulong Motors Co Ltd BYD Company Ltd Daimler AG Ebusco CAF Group Solaris Bus Coach Proterra Inc NFI Group

Recent Developments:

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the electric bus market. A few recent key market developments are listed below:

In March 2022: Proterra Inc announced a strategic, multi-year supply agreement with The Shyft Group to power their Blue Arc purpose-built electric delivery van and EV chassis.
In July 2020, AB Volvo entered into a partnership with the Public Transport Authority of Western Australia (PTA) to bring Volvo’s first ever Electric Buses to Australia. These provisions for the introduction of alternatively powered vehicles into the public transport bus network when the technology became available in Volvo’s Australian product line.