The Electric Bus Market in China by Bus Type, Customer and Vendor - Forecast to 2022: The Cost of Batteries is Continuously Decreasing, which is Propelling Growth
The "Electric Bus Market in China 2018-2022" report has been added to ResearchAndMarkets.com's offering.
- The "Electric Bus Market in China 2018-2022" report has been added to ResearchAndMarkets.com's offering.
- The electric bus market in China is projected to grow at a CAGR of close to 11% by 2022.
- With the implementation of economies of scale from top battery manufacturers and shift of manufacturing bases from Japan too China, the cost of batteries is continuously decreasing, contributing to the growth of the electric bus market in China.
- Several companies in the electric buses market in china are focusing on developing fully electric buses equipped with supercapacitors that provide high durability.