Press release
Electric Bus Market Outlook with Company Profiles – Yutong, King Long, Zhong Tong, Nanjing Gold Dragon, BYD, DFAC, CRRC, Foton, ANKAI and More
Over the next five years, the research study projects that Electric Bus will register a healty CAGR in terms of revenue to reach US$ 33600 million by 2023.An electric bus is a bus powered by electricity. An electric bus uses electric motors or traction motors for propulsion. An electric bus may be powered through a collector system by electricity from off-bus sources, or may be self-contained with a battery or generator to convert fuel to electricity.
The electric bus includes battery electric bus and hybrid bus. The battery electric bus occupies most part of the production. The main production base is located in the China, so the China is the largest production region in the world.
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Currently, most country has the policy support in the electric bus, like the tax support. The sales price is relative low after the subsidies, so the demand has a high growth rate.
The most important technology of the electric bus is in the battery. The battery’s power density is relative low, and it can’t meet the consumer’s demand. And the company who gets the key technology of battery will get an advantage in the electric bus industry.
The price is relative high than the price of the traditional bus, but due to the government’s support, the price has a certain decrease.
In the future, the battery will play an important role in the development of the electric bus; the policy also plays an import role. In the future, if any company wants to enter into the new energy vehicle industry, the battery will be the most important feature. And China will be more and more important in the industry, due to the government give more support to the electric bus than electric passenger vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Bus market by product type, application, key manufacturers and key regions.
To calculate the market size, The research considers value and volume generated from the sales of the following segments. Segmentation by product type are Battery Electric Bus and Hybrid Bus. Segmentation by application are Public Transit, Highway Transportation and Other.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Yutong, King Long, Zhong Tong, Nanjing Gold Dragon, BYD, DFAC, CRRC, Foton, ANKAI, Guangtong, Volvo, New Flyer, Daimler and Gillig.
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Related Report:
2018-2023 Global Automotive High Performance Electric Vehicles Consumption Market Report
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive High Performance Electric Vehicles market by product type, application, key manufacturers and key regions.
Over the next five years, the research projects that Automotive High Performance Electric Vehicles will register a 37.2% CAGR in terms of revenue, reach US$ 284100 million by 2023, from US$ 42600 million in 2017.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report such as Tesla, Nissan, BYD, ZOTYE, Ranault, Yutong, BMW, Volkswagen, JAC, Chery, Zhong Tong, King-long, KANDI and SAIC.
Read More: https://www.researchbeam.com/2018-2023-global-automotive-high-performance-electric-vehicles-consumption-report-market?utm_source=OPR&utm_medium=CC
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