Electric Bus Market to be Worth $100.39 Billion by 2030--Exclusive Report by Meticulous Research®
There are three propulsion types of electric buses: battery electric buses, hybrid electric buses, and fuel cell electric buses.
- There are three propulsion types of electric buses: battery electric buses, hybrid electric buses, and fuel cell electric buses.
- However, the high purchasing costs of electric buses and the difficulties in building charging infrastructure for electric buses are factors restraining the growth of this market.
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Based on propulsion type, the electric buses market is segmented into battery electric buses, hybrid electric buses, and fuel cell electric buses. - In terms of value, in 2024, the battery electric buses segment is expected to account for the largest share of 65% of the global electric buses market.