Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Forecast to 2020
Electric buses have several other benefits including quieter operation and less dependence on
crude oil-led fuels. Additionally, electric buses are more economical than the petroleum and
compressed natural gas (CNG) based buses. The operating cost of an electric bus in New York
was between USD 0.2 cents-0.3 cents per mile in 2014 as compared to an equivalent diesel or
CNG powered buses. The emission regulations from public transport in some Asian countries
such as India are not much stricter due to which the customary diesel-powered vehicles are
flourishing in the country.
Moreover, the weak power infrastructure in the country is further creating hurdles for the growth
of electric buses in the Asian sub-continent. The change in government, which is inclined on
cleanliness, may have some implication on the development of electricity-led public
transportation in the coming years. However, the governments in developed countries are
already prepared to include more numbers of electric buses in their public transport
infrastructure. The U.S. department of transportation has recently announced the investment of
USD 24.9 million to increase the number of zero-emission buses across America.
Among regions, Asia Pacific dominated the global sales of electric buses in 2013 followed by
North America. Globally, China had the largest population of electric buses in the same year.
The government of China has been stressing on clean transport which is also reflected in its
12th five year plan where the country has been investing with large amounts in the development
of electric and hybrid forms of vehicles in the country. Israel, on the other hand has taken
several initiative to develop its electric vehicles infrastructure in the recent years. The country
has issued several mandatory requirements including conductive connection to the electricvehicle general requirement (Israel Standard 61851-1), alternating current charging station for
electric vehicle (Israel Standard 61851-22), electric vehicle safety requirements (ECE 100) and
energy consumption requirements (ECE101). South Korea has also been increasing its number
of electric buses where peanut buses which transfer people from subway stations in downtown
to the North Seoul Tower, are gaining popularity. A European Union directive mandates the
purchase of electric buses for the public transport services.
The key companies operating in the global electric bus market include BYD Motor Corporation,
Proterra Inc., Volvo AG, Zhongtong Bus & Holding Co. Ltd, Yutong, Wuzhoulong, Foton, Golden
Dragon and Kinglong.
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
3.
North America
Europe
Asia
RoW
The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
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