Global Electric Bus Market Size

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Global Electric Bus Market

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Report Description and Highlights
Analyst View Global Electric Bus Market is
expected to cross USD 400 Billion landmark by the
year 2024. With increasing awareness about the
benefit of using electric buses as public mode of
transport coupled with local battery
manufacturing and exclusive financing models
certainly helping Global Electric Bus Market to
grow robustly over the forecast period. In
order to curb pollution and carbon emission, an
efficient zero tailpipe emission is required.
Gasoline powered buses cause poor air quality,
electric buses are a great way to curb global
pollution problem. Though, electric buses are
more expensive than its diesel counterparts as
these vehicles are powered by lithium-ion
batteries which are costly. But now days with
rising global warming concern, governments across
the nations have introduced several programs in
the procurement of electric buses to encourage
its mass adoption.


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Global Electric Vehicle Battery Market will
surpass US 65 Billion by 2024
Electric bus needs infrastructure, safety
regulations and an entirely different ecosystem.
Today, countries around the world are making
significant effort in developing each of these
areas such as addressal of the charging
infrastructure. For electric buses, its not
possible to charge its battery one time and then
run it all day long. Thus, Top-Up Charging is
required that is electric bus starts off in the
morning with decent range and uses multiple
short, turbo charging throughout the day, thus
maintaining its daily limit of 200-250Km. Other
than Top-Up Charging method Battery Swapping
is another way of charging where the exhausted
battery is replaced by the charged ones at the
charging stations. Battery Swapping requires more
area than that of the short charging, turbo
charging stations as Battery Swapping requires
warehouse to keep the batteries and also requires
automated machines to lift these heavy batteries.
According to Renub Research Global Electric
Vehicle Battery Market will surpass US 65
Billion by the end of year 2024. Read more here
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Global Forecast for E- Bus Market Share by
Technology ()
Global Forecast for E- Bus Market Share by
Technology () 2018 2024

Source Renub Research Analysis Note These are
dummy figures actual data given in the report
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Electric bus is the core of a modern public
transit system across the world
Around the world, governments are making their
efforts in bringing more and more electric buses
on the road, but still the usage of electric
buses are very limited. Electric buses high cost
and lack of required infrastructure are among the
major challenges for the electric bus market.
Thus, until the battery technology develops to
such a point where a bus can comfortably runs
200-300Km on a single charge, it is believed that
this technology is unlikely to be adopted broadly
in the public transportation system. Electric
bus is the core of a modern public transit system
across the world. The safe, sustainable, smart
and comfortable public transportation is the
solution for addressing the challenges of
pollution and congestion, which most the cities
face today. This safe and comfortable ride by
electric bus certainly encourage people to leave
their bikes and cars at home, also help in making
the surrounding greener. Want more Information
about this market? Request a free sample
copy https//www.renub.com/contactus.php

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Global Forecast for E- Bus Market Share by
Regions ()
Global Forecast for E- Bus Market Share by
Regions () 2018 2024

Source Renub Research Analysis Note These are
dummy figures actual data given in the report
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Key Topics Covered
Key Topics Covered   1.    Executive Summary 2.
   Global Electric Bus Market 3.    Global
Electric Bus Volume 4.    Market Share Global
E-Bus 5.    Volume Share Global Electric Bus 6.
   China Electric Bus Analysis 7.    Europe E-Bus
Analysis 8.    NORDICS Electric Bus Analysis 9.
   United States Electric Bus Analysis 10.  
 India Electric Bus Analysis 11.    Major
Electric Bus Manufacturers 12.    Growth
Drivers 13.    Key Challenges

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