The Electric Bus report gives detail complete examination to territorial sections that covered The USA, Europe, Japan, China, India, Southeast Asia, South America, South Africa, and Rest of World . It has secured a 20% market share in the region since it entered in 2010. Electric Bus Market by vehicle type, battery type ... Diesel buses still account for 94.5% the EU fleet, with only 0.6% being battery electric - see page 17. It provides a detailed overview of the market of the top 16 countries of Europe along with top companies' data analysis and product introductions of Europe Electric & Hybrid Electric Buses . The 1685 sales in the same market made 2019 a notable record year, figures tripling on 2018. The European electric bus charging station market, during the historical period, was dominated by the U.K., which, in 2018, held a 20.0% market share in terms of volume. This report studies separate . It is too early to see the effect of the non-binding European Clean Bus Deployment Initiative and demand may be still largely driven by muncipal level policies. Solaris biggest manufacturer on electric bus market in Europe Polish-built electric buses take over the European market ... China alone sold ~80,615 units in 2017. The global electric vehicle market was valued at $162.34 billion in 2019, and is projected to reach $802.81 billion by 2027, registering a CAGR of 22.6%. Chinese EV giant BYD is by far the largest electric bus supplier to Europe, selling over 700 battery-electric buses. UK third largest Western European electric bus market in ... Yutong in Europe-YUTONG - Yutong Bus - Official Website The project of 43 SLFA-181 electrical buses in late 2016 was the biggest transition to zero emission within Europe. The key factors that propel the growth of the market include the rising acceptance of the . At least the government goals are for 50% share by 2025 and 75% share by 2030. BEV buses are expected to have strong growth. The global electric bus market has got to a stage where it is now because of advancements made in Chinese electric bus manufacturers. The European market is one of Yutong's strategic markets. Europe Bus Market Size, Share, Growth & Forecast, By Length, By Seating Capacity, By Fuel Type (Diesel, CNG & Others), By Body Type, By Country, Competition Analysis & Opportunities, In June 2021, the rising demand for the EV has created an opportunity for many electric bus manufacturers in Europe. 5 Market Size by Type 5.1 Global Hybrid Electric Bus Sales by Type 5.1.1 Global Hybrid Electric Bus Historical Sales by Type (2016-2022) 5.1.2 Global Hybrid Electric Bus Forecasted Sales by Type . Motorisation rates. Luxembourg has the highest car density in the EU (694 per 1,000 people) and Latvia the lowest (342) - see page 18. Where European cities initially focused on pilot projects, now commercial roll-out is ongoing. Different governments across the Europe are taking initiatives to replace the petroleum based automotive fleet with electric powered vehicles. Volvo, Solaris and Iveco are leading the Western European electric bus market in the first half of 2021 with 188, 157 and 156 vehicles delivered respectively. In the year of Covid-19, the West European battery electric bus market expanded 22 percent. The Europe Electric Bus Market covers the latest electric bus demand trends, technological development, latest government policies, battery technologies, etc. Government initiatives boost electric bus adoption in North America: Global electric bus market stood at around 64.08 thousand units in 2020 and is expected to register growth with a CAGR of around 11.20% by volume in the forecast period. Since e-buses have zero tailpipe emissions and are increasingly becom-ing commercially viable, they are emerging as a pragmatic option for reducing transit emissions. Out of all the manufacturers, Solaris boasts the biggest share of newly registered buses with electric drives in Western Europe in the first three quarters of 2020. The ZeEUS eBus Report #2 aims to provide an updated overview of the European market for electric buses. In this Deloitte report, we take a new approach to market segmentation and exemplify how to seize opportunities and manage risks. Based on power, the European electric bus charging station market is categorized into less than 50 kW, 50-150 kW, 151-450 kW, and more than 450 kW. It is expected that . Business Polish-built electric buses take over the European market. VDL Bus & Coach is marketleader of electrical buses in Europe (Sept 2017), with the largest fully electric fleet in the EU. Supporting government initiatives and schemes, and growing investment towards charging station infrastructure are the major factors leading to the growth of the European electric bus charging station market. In the year of Covid, the battery-electric bus market increased of 22% in Western Europe (with the addition of Poland). Solaris has recorded a clear lead over its competitors, thus solidifying its position as an e-mobility leader in public transport in Europe. Sales of electric cars topped 2.1 million globally in 2019, surpassing 2018 - already a record year - to boost the stock to 7.2 million electric cars.1 Electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase. Some of the European market e-bus leaders such as VDL, BYD and BYD - ADL are . Cognitive Market Research has published a detailed market analysis report of Hybrid and Electric Transit Buses Industry titled, "Global Hybrid and Electric Transit Buses Market Report 2021". The global electric bus market is estimated to account for 33,854 units in terms of volume, and register a CAGR of 28.0% over the forecast period, 2014-2020. This statistic gives the projected municipal electric bus fleet worldwide from 2018 to 2040, with a breakdown by country or region. Electric bus market set to reach $31.45 billion, 12.6% CAGR, Globally. The increasing government support in the form of financial and non-financial incentives would aid in the faster adoption of these vehicles, which is expected to make the U.K . 1.4 Market Segment by Application 1.4.1 Europe Electric Bus Charging Infrastruct Market Size and Growth Rate of Highway Transportation from 2014 to 2026 The global stock of electric buses in 2020 was 600 000. Nearly 12 per cent of city buses registered in 2019 were battery-electric. Back to press releases. However, just 0.5 percent of the total U.S. public transit bus market consisted of electric buses at the end of 2017 — a nascent market when compared to deployment rates of 12-14 percent in Europe and Asia. That total is second only to Germany, which recorded 350 registrations, and clear winner . With 90 cities already included in the publication and over 20 million km driven in electric mode, there is a clear, growing trend towards electrification of buses. Of all, the less than 50 kW category accounted for largest share in 2020 in terms of volume. Europe Bus Market Size, Share, Growth & Forecast, By Length, By Seating Capacity, By Fuel Type (Diesel, CNG & Others), By Body Type, By Country, Competition Analysis & Opportunities, But things are going to get even deeper, very soon: Interact Analysis forecasts that "approximately 40% of new city buses registered in Europe in 2025 will be battery-electric ". Get in touch with us now. Europe E-Bus Analysis 7.1 Electric Bus Market 7.1.1 Europe Battery Electric Bus (BEB) Market 7.1.2 Europe Plug-in Hybrid Electric Bus (PHEB) Market 7.2 Electric Bus Volume Asia-Pacific was the highest revenue contributor, accounting for $84.84 billion in 2019, and is estimated to reach $357.81 billion by 2027, with a . Solaris Leads The European Battery Electric Bus Market In Q1-Q3 2020 Not BYD, VDL, Volvo or Mercedes-Benz, but Solaris is now selling the most EV buses in Europe. In Germany alone the EU is providing 650 million euros of funding for public transport companies and bus companies by 2021. E-buses can help reduce CO 2 emissions globally (if Yutong followed BYD into the market and the Zhengzhou-based firm delivered around 100 electric buses to the continent as of the end of last year. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. Companies are actively looking into their expansion in Europe. Global HD Bus Market - CAGR of 8.6% 3 S.A. ~ 29 k ~ 56 k N.A. Global electric bus market stood at around 64.08 thousand units in 2020 and is expected to register growth with a CAGR of around 11.20% by volume in the forecast period. The market had taken 5087 e-buses since 2012. In North America, there were 580 new electric bus registrations in 2020, down almost 15% from the prior year. The BYD French ebus factory has started production in October 2018. The European Union counts 569 cars per 1,000 inhabitants. It would help BYD in strengthening its position in the e-bus industry. Key Market Trends In the next 10-20 years, the European Union probably will switch to all-electric buses entirely. Over 1000 battery electric buses were newly registered . Feb 22 2021. China alone registered 78 000 new electric buses in the past year, holding down their market domination. Report scope can be customized per your requirements. To replace 100 . CHINA ELECTRIC BUS MARKET. As technological progress in the electrification of two/three-wheelers, buses, and trucks advances . 15.08.2019. ico-arrow-2-left. With recent regulations on clean air, local pollutants and city noise, the momentum for clean vehicles is ever growing, with the electrification of public transport being considered a core solution to healthier and more sustainable cities. Created with Sketch. December 2019: BYD, a renowned manufacturer of automobiles and battery-powered buses, based in China bagged a new order from Keolis Nederland BV. The report is inclusive of the prominent industry drivers and provides an accurate analysis of the key growth trends and market outlook in the years to come in addition to the competitive hierarchy of this sphere. OEMs of eBuses include BYD, Volvo, Solaris and VDL. The European bus market is changing rapidly. The global electric bus market size was ~81,968 units in 2017. In the period in question, 242 state-of-the-art Urbino electric buses rolled out onto the streets of European cities. The number of battery full electric buses ordered2in Europe more than doubled in 2017 compared to 2016 reaching 1,031 vehicles. Thanks to three large orders placed by customers from Berlin, Warsaw and Milan, Solaris has claimed the lead spot in Europe in terms of contracts for electric buses in 2019. This is the second electric bus factory of BYD in Europe and is designed to deliver buses that meet local market requirements and regulations. Market Study Report has added a new report on Fuel Cell Electric Bus Market Analysis that elucidates an in-depth synopsis of this business vertical over the forecast period. Europe bus market was valued around USD4.81 billion in 2020 and is forecast to grow at a CAGR of 4.70% in the next five years to reach USD 6.92 billion by 2026. Barriers to Adopting Electric Buses 5 Context Electric buses (e-buses) have the potential to provide many benefits. According to estimates by the VDV, the number of e-buses in German cities will increase from 400 at present to about 1,000 by the end of 2020. It also covers the market share of major electric bus manufacturers across Europe. Business-wise, 2020 did not deliver an overabundance of success stories. Moreover, in comparison with diesel run buses, electric . 2,062 e-buses (trolleybuses excluded) were registered between 1 January and 31 December 2020, vs the 1,685 that debuted in 2019 (that, it is worth remembering, it has been a truly record year with tripling figures on 2018 ). The company would deliver 259 pure-electric buses in Europe. Trends, opportunities and forecast in electric bus market to 2025 by vehicle type (Plug-in hybrid electric bus, Hybrid electric bus, Battery electric bus), battery type (Lithium Iron Phosphate, Nickel Manganese Cobalt Oxide (NMC), Others), charging infrastructure (inductive, conductive, and plugin), length type {small bus (>10 Meter), and large bus (<10 Meter)}, end-use type (public and . Surprisingly perhaps, Poland is one of the largest electric bus producing countries in Europe, and getting bigger. | McKinsey After China's successful deployment of electric buses (eBuses), with over 300,000 in operation today, widescale adoption of eBuses in Europe is near. Due to such factors, various emerging countries of Europe such as Germany, U.K., and France are projected to be leading market for electric vehicles and hybrid electric vehicles. According to this latest study, the 2021 growth of Wired Electric Bus Charging Infrastructure will have significant change from previous year. Some of the key European electric bus manufacturers include Solaris Bus & Coach, VDL Bus & Coach BV, EBUSCO, SOR Libchavy Ltd., Bozankaya, and Belkommunmash Holding. Some of the major electric bus market participants are AB Volvo, BYD Co, Daimler AG, Yutong, Ankai Bus, NFI Group . Nov 25, 2020 at 8:59am ET. Published: May 2019 The European electric bus charging station market is expected to reach $697.7 million by 2025, with a CAGR of 17.8% during the forecast period. With 446 electric buses sold last year, the Netherlands was the leading market for these vehicles, followed by Germany (388 units) and Poland (200 units). The head of BYD in Europe, Isbrand Ho, later recalled in an interview that, at the time, the launch was considered a joke; "everyone was laughing at BYD - for making a toy". Moreover, in comparison with diesel run buses, electric . EU Clean Vehicle directive targets for EU countries will boost electric bus adoption, particularly as part of national public transport procurement. Various government & semi-government run transport departments are rapidly adopting electric buses throughout the globe. Trolleybuses apart, 2062 new e-buses sold there in 2020. This is estimated to be equivalent to around 9% market share of new. Yutong is dedicated to becoming a global brand and the world's major bus supplier, therefore the company is particularly cautious about the entry into the European market as well as the management of quality control, especially the management of product and service quality control. We wish to deeply thank all the public transport operators, authorities and manufacturers for taking up the e-bus challenge and for their contribution to making this quite unique report. This number is expected to grow to ~148,080 units in 2025 with a compound annual growth rate (CAGR) of 7.7%. Us europe electric bus charging infrastruct market size and trends analysis 2027; Electric Bus Charging Infrastruct Market Size, Share and Trends Analysis Report (Including COVID-19 Impact Analysis) By Product, By Application, By Region, And Segment Forecast (2021-2027) The report also provides a detailed analysis of the Europe Electric & Hybrid Electric Buses market from 2014 to 2026 based on the product type and end-user. Electric Bus Market Revenue to Cross $53 Bn by 2027; Global Market Insights, Inc. The expanding e-bus market continues to pick up speed. The European electric bus charging station market is projected to reach USD 581.9 million by 2024, registering a CAGR of 17.4% during the forecast period. Chariot Motors News Global News. The report sheds light on the current situation of the market size, share, demand, development patterns, and . The Electric Bus Motor Market 2021 report provides a detailed analysis of the dynamic of the market with extensive focus on secondary research. India and Latin America (LATAM) will be the fastest growing markets between 2017 and 2025 with a CAGR of 132% and 139.4% respectively. Solaris has recorded a clear lead over its competitors, thus solidifying its position as an e-mobility leader in . Electric Bus Market, Volume Global Analysis by Types (Battery Electric e-bus & Plug-in Hybrid e-bus) Regions (China, Europe, Nordics, United States, India) Company (Yutong, BYD, Proterra Inc.) Electric Bus Market is expected to surpass USD 400 Billion by the year 2024. However, the U.S. zero-emission bus (ZEB) market can be . Electric buses now make up 4% of all new bus registrations in Europe. The European electric bus market is charging ahead, but how will it develop? Busmania. Forecast urban electric buses in operation in Europe [by country 2018-2025] Sources: Accuracy analysis 1The bus market will electrify faster than you can imagine CAGR of 68% between 2018 and 2021 and a CAGR of 34% between 2021 and 2025.In 2015, 195 states and the European Union unanimously approved the COP21 agreement. Fuel cell electric vehicle type to grow at 17.6% CAGR during 2020-2027. Key players operating in the European electric bus market are following the strategy of product launch to strengthen their position in the regional market. It accounted for 288 registrations of such vehicles with a GVW of over 8,000kg during the year. Figures (and chart below) are from consulting company Chatrou CME Solutions, and draw a picture of the e-bus market in Q1 and Q2 of 2021. European market for electric buses. FIGURE 52 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2021 VS. 2027 (UNITS) TABLE 104 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2017-2020 (UNITS) TABLE 105 EUROPE: ELECTRIC BUS MARKET, BY COUNTRY, 2021-2027 (UNITS) 15.3.1 FRANCE 15.3.1.1 Promotion of pure battery electric buses with Olympics 2024 to drive the market BYD - the world's leading electric bus manufacturer - has entered the Finnish bus and coach market for the first time after securing major orders with Nobina, one of Finland's and Scandinavia's largest Public Transport Operators (PTOs). Solaris biggest manufacturer on electric bus market in Europe. It is considered to be the company's biggest order of e-buses. In 2019 the European electric bus market set a new record tripling the figures of 2018.