Electric Bus Market worth $678.3 billion by 2030 - Exclusive Report by MarketsandMarkets™
For instance, India has a vision of increasing the share of electric buses to 40% by 2030.
- For instance, India has a vision of increasing the share of electric buses to 40% by 2030.
- Most of the market leaders in the electric bus industry from this region, such as BYD (China), Yutong (China), King Long (China), CRRC Corporation (China), and Tata Motors (India) offer 9–14 m electric buses.
- Such a greater availability of models and wide incorporation of 9–14 m segment buses are the key reasons for the segment to dominate the electric bus market.
- The region is expected to dominate the global electric bus market mainly because of the rapid expansion of the electric bus fleet in several countries in this region.