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Electric Bus Market - Top Companies and Manufacturers

  • Report ID: 4579
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Companies Dominating the Electric Bus Landscape

    • BYD Motors Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Volve Group
    • Daimler Truck AG
    • Equipmake Limited
    • Yinlong Energy China Ltd.
    • Hyundai Motor Company
    • Yutong Bus Co., Ltd.
    • NFI Group Inc.
    • Proterra Inc.
    • Nissan Motor Corporation
Browse Key Market Insights with Data Illustration:

In the News

  •  BYD Motors Inc. partnered with the Napa Valley Transportation Authority, a countrywide transport planning agency, to reveal the “butterfly bus” of the community in St. Helena, that helps passengers in wine country.

  • Volvo Group  launched a new fuel-saving platform for its premium coach range of Volvo Buses and for chassis customers. This will save fuel up to 9% and have power ratings of up to 500 hp which reduced the operation cost of charter, tour, and line haul.

 


Author Credits:  Saima Khursheed


  • Report ID: 4579
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of electric bus is estimated at USD 44.62 billion.

The electric bus market size was over USD 38.65 billion in 2024 and is projected to cross USD 342.63 billion by the end of 2037, witnessing more than 19.1% CAGR during the forecast period i.e., between 2025-2037. Increasing greenhouse gas emissions, as well as rising prices of fuel along with the surge in congestion costs, will propel the market growth.

Asia Pacific industry is anticipated to hold the largest revenue share by 2037, backed by growing penetration of electric buses, as well as increasing the adoption of battery vehicles to reduce environmental pollution in the region.

The major players in the market include BYD Motors Inc., Volve Group, Daimler Truck AG, Equipmake Limited, Yinlong Energy China Ltd., Hyundai Motor Company, Yutong Bus Co., Ltd., NFI Group Inc., Proterra Inc., Nissan Motor Corporation.
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