Electric bus

Indian Electric Bus Market to Generate $1,364.4 Million Revenue by 2025 says P&S Intelligence

Retrieved on: 
Thursday, April 8, 2021

With such strong government support, the Indian electric bus market value is predicted to increase from $94.3 million in 2020 to $1,364.4 million by 2025, at a 48.8% CAGR between 2021 and 2025.

Key Points: 
  • With such strong government support, the Indian electric bus market value is predicted to increase from $94.3 million in 2020 to $1,364.4 million by 2025, at a 48.8% CAGR between 2021 and 2025.
  • Yet another such move benefitting the Indian electric bus market is the total funding of $4.6 billion announced for battery manufacturers, to boost domestic production.
  • Presently, the lithiumiron phosphate (LFP) category dominates the Indian electric bus market, under the battery segment.
  • Browse More Reports on Electric Bus:
    Global Electric Bus Market Revenue Forecast Report - The demand for electric buses is growing due to the increasing need for eco-friendly public mobility options.

Indian Electric Bus Market to Generate $1,364.4 Million Revenue by 2025 says P&S Intelligence

Retrieved on: 
Thursday, April 8, 2021

With such strong government support, the Indian electric bus market value is predicted to increase from $94.3 million in 2020 to $1,364.4 million by 2025, at a 48.8% CAGR between 2021 and 2025.

Key Points: 
  • With such strong government support, the Indian electric bus market value is predicted to increase from $94.3 million in 2020 to $1,364.4 million by 2025, at a 48.8% CAGR between 2021 and 2025.
  • Yet another such move benefitting the Indian electric bus market is the total funding of $4.6 billion announced for battery manufacturers, to boost domestic production.
  • Presently, the lithiumiron phosphate (LFP) category dominates the Indian electric bus market, under the battery segment.
  • Browse More Reports on Electric Bus:
    Global Electric Bus Market Revenue Forecast Report - The demand for electric buses is growing due to the increasing need for eco-friendly public mobility options.

The Palermo School Buses Go Electric with Funding and 50% Lower Electricity Rate from AMPLY Power

Retrieved on: 
Wednesday, April 7, 2021

PALERMO, Calif., April 7, 2021 /PRNewswire/ -- Adding another school district looking to electrify its fleet to its growing list of customers, AMPLY Power has been selected to fully manage the charging of electric school buses for the Palermo Union Elementary School District .

Key Points: 
  • PALERMO, Calif., April 7, 2021 /PRNewswire/ -- Adding another school district looking to electrify its fleet to its growing list of customers, AMPLY Power has been selected to fully manage the charging of electric school buses for the Palermo Union Elementary School District .
  • The public school system in Northern California's Butte County has contracted an energy rate of $0.10/kWh through AMPLY's fully-managed, turnkey charging services.
  • In dollars per gallon terms, that energy cost means Palermo is effectively paying $1.19 a gallon to power its vehicles.
  • Palermo's electric bus fleet makes up 80 percent of its total fleet and currently includes five Lion Type-C electric buses, with a smaller Type-A Blue Bird electric bus planned for 2021.

NFI receives order for 126 BYD ADL electric buses from First Bus for Glasgow, the largest electric vehicle award in Scottish history

Retrieved on: 
Wednesday, March 31, 2021

The order is the largest ever for electric buses in Scotland and is partially funded by the Scottish Government through the Scottish Ultra-Low Emission Bus Scheme (SULEB).

Key Points: 
  • The order is the largest ever for electric buses in Scotland and is partially funded by the Scottish Government through the Scottish Ultra-Low Emission Bus Scheme (SULEB).
  • In total, ADL will have 150 electric buses in service in Scotlands largest city.
  • NFI has the broadest offering of electric vehicles including medium- and heavy-duty transit buses, motor coaches and double-deck buses.
  • NFI subsidiary ADL is the UKs largest bus manufacturer and continues to lead the evolution to zero-emission mobility with sustainable single-deck buses, double-deck buses, and coaches.

NFI receives order for 46 BYD ADL electric buses for Stagecoach fleets in Scotland

Retrieved on: 
Tuesday, March 30, 2021

LARBERT, Scotland, March 30, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, today announced that the Alexander Dennis Limited (ADL) and BYD UK electric vehicle partnership (BYD ADL), the UKs leading electric bus producer, has taken firm orders from Stagecoach for 46 zero emission buses.

Key Points: 
  • LARBERT, Scotland, March 30, 2021 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF) NFI Group Inc. (NFI), one of the worlds leading independent global bus manufacturers, today announced that the Alexander Dennis Limited (ADL) and BYD UK electric vehicle partnership (BYD ADL), the UKs leading electric bus producer, has taken firm orders from Stagecoach for 46 zero emission buses.
  • Using BYDs battery electric driveline technology, ADL will assemble the buses at its factory in Falkirk, ensuring the investment benefits the local economy in Scotlands Central Belt.
  • We are excited about this substantial order of new zero-emission electric buses that continues to solidify the BYD ADL partnership as the leader in battery-electric buses in Scotland and the rest of the UK, said Paul Soubry, President & Chief Executive Officer, NFI.
  • NFI has the broadest offering of electric vehicles including medium- and heavy-duty transit buses, motor coaches and double-deck buses.

United States Electric Bus Market Report 2021-2024: Increasing Government Initiatives & Growing Preference for Depot Charge Buses Over On-Route Charge Buses

Retrieved on: 
Friday, March 26, 2021

The market generated $469.3 million revenue in 2019 and it is projected to reach $2,675.1 million by 2024.

Key Points: 
  • The market generated $469.3 million revenue in 2019 and it is projected to reach $2,675.1 million by 2024.
  • Moreover, the declining cost and rising efficiency of automobile batteries will facilitate market growth in the foreseeable future.
  • Increasing availability of government funding to transit agencies for procuring zero- and low-emission vehicles, such as electric buses, is one of the key factors fueling the U.S. electric bus market.
  • For instance, in August 2018, BYD Company Ltd. signed a contract with the state of Georgia to provide electric buses.

China Dynamics to Provide Not Less Than 500 Electric Vehicles in Philippines and Malaysia

Retrieved on: 
Thursday, March 25, 2021

GET Worldwide's flagship electric public transport vehicles designed for emerging markets - the 6.5 meter COMET electric minibus.

Key Points: 
  • GET Worldwide's flagship electric public transport vehicles designed for emerging markets - the 6.5 meter COMET electric minibus.
  • The electric vehicles will be mainly used in the Philippines and in Malaysia.
  • Mr. Freddie Tinga, President of GET Worldwide said: "China Dynamics ends our long search in finding a reliable electric vehicle manufacturer.
  • China Dynamics delivered in December 2020 the initial batch of COMET electric minibuses for Metro Manila and Davao to Global Electric Transport ("GET Philippines"), a licensee of GET Worldwide and the first electric bus operator in the Philippines.

United States Electric Bus Market Report 2021: Vehicle Type (BEB, PHEB, HEB), Length (+40 Feet, -40 Feet), Battery (Li-Ion, NiMH), Charging Type (Plug-In, Pantograph, Inductive) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 24, 2021

The "U.S. Electric Bus Market Research Report: By Vehicle Type (BEB, PHEB, HEB), Length (>40 Feet,

Key Points: 
  • The "U.S. Electric Bus Market Research Report: By Vehicle Type (BEB, PHEB, HEB), Length (>40 Feet,
  • The market generated $469.3 million revenue in 2019 and it is projected to reach $2,675.1 million by 2024.
  • Moreover, the declining cost and rising efficiency of automobile batteries will facilitate market growth in the foreseeable future.
  • For instance, in August 2018, BYD Company Ltd. signed a contract with the state of Georgia to provide electric buses.

GreenPower Receives Purchase Order for Four Wirelessly Charged Buy America Compliant EV Stars From Grant Transit Authority in the State of Washington

Retrieved on: 
Tuesday, March 23, 2021

(NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered medium and heavy-duty vehicles, today announced that it has received an order for four wirelessly charged, FTA Buy America compliant EV Stars from Grant Transit in the state of Washington.

Key Points: 
  • (NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of zero-emission, electric-powered medium and heavy-duty vehicles, today announced that it has received an order for four wirelessly charged, FTA Buy America compliant EV Stars from Grant Transit in the state of Washington.
  • Grant Transit intends to leverage funding from the FTA's $180 million funding for the 2021 Low-No Program to support the purchase.
  • As part of the process to secure the funding, GreenPower successfully completed a Buy America compliance audit at its southern California facility.
  • Greg Wright, General Manager at Grant Transit Authority added, "Grant Transit Authority is pleased to partner with GreenPower and Momentum Dynamics on our first zero-emission, battery electric bus project.

Blue Bird Delivers North America’s First-Ever Commercial Application of Vehicle-to-Grid Technology in Electric School Bus Partnership with Nuvve and Illinois School Districts

Retrieved on: 
Tuesday, March 23, 2021

This bus is one of two Blue Bird Type C electric buses delivered to Illinois Pekin Public School District and Hollis Consolidated School District #328 in Peoria.

Key Points: 
  • This bus is one of two Blue Bird Type C electric buses delivered to Illinois Pekin Public School District and Hollis Consolidated School District #328 in Peoria.
  • This allows fleets to sell stored energy from the school bus batteries to the grid when demand calls for it.
  • Hollis Consolidated School Districts electric school bus purchase makes the districts fleet 100% electric powered.
  • The benefits are far and wide with our Blue Bird electric bus, said Chad Jones, superintendent and principal of Hollis Consolidated School District #328.