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New research from Berg Insight suggests that the number of connected EV charging points in Europe and North America reached an estimated 3.3 million units in 2021.
The market value for electric bus ITS deployed in public transport operations in Europe was € 12.7 million in 2019. Growing at a compound annual growth rate (CAGR) of 37.5 percent, this number is expected to reach € 62.4 million by 2024. The North American market for electric bus ITS is similarly forecasted to grow at a CAGR of 34.2 percent from € 2.7 million in 2019 to reach € 11.8 million in 2024. Berg Insight is of the opinion that the market for ITS solutions for electric buses is in a growth phase which will last for several years to come. Mega-challenges such as urbanisation,...