Global Electric Bus Market Market Report 2021-2030: CASE Convergence and Value Chain Integration Will Ensure Transformational Growth
Share this article Share this article ResearchAndMarkets.com's offering. The global electric bus market size is expected to reach more than 210,000 units by 2030 at a compound annual growth rate (CAGR) of 13.9%. The penetration of electric buses in China is expected to reach 80% in 2030 India and LATAM will be the fastest-growing markets between 2020 and 2030 with a CAGR of 38.4% and 28.4%, respectively. Electric buses will find traction across major regions driven by emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions. The growi...
Source: prnewswire.com