Press release
Mea Electric Bus Market To Record Remarkable Growth With Surging Government Support | Zhongtong Bus Holdings Co., AB Volvo, Scania AG, BYD Co. Ltd.
Electric Bus Market
The agreement will offer the U.S. electric bus manufacturer a sum of $648 million in cash and another sum of $415 million from investors comprising Fidelity Management, Daimler Trucks, funds managed by BlackRock Inc., Franklin Templeton, and venture investor Chamath Palihapitiya.
Similar advancements are expected to foster an increase in electric bus projects through the forthcoming years. As per the latest research by Global Market Insights, Inc., the global electric bus market size is estimated to surpass USD 53 billion by 2027.
Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4959
This escalation is ascribed to the strict emission regulations imposed by government authorities comprising the EPA (Environmental Protection Agency). For exemplar, EPA’s vehicle greenhouse gas rules will help in the elimination of nearly six billion metric tons of greenhouse gas pollution by 2025.
Hybrid buses are powered by a combination of diesel/gasoline and electric engines. This provide them with an improved range in terms of kilometers. These buses are in high demand due to their low cost in comparison to FECVs and all-electric buses. Owing to these factors, the PHEV bus segment is expected to exhibit steady growth through the analysis period.
Eminent players in the electric bus market are Zhongtong Bus Holdings Co., AB Volvo, Scania AG, BYD Co. Ltd., VDL Group, Ltd., Daimler AG, Alexander Dennis Ltd., Yutong, Solaris, Ankai Bus, and NFI Group Inc, amongst others. These electric bus manufacturers are focusing on acquisitions, mergers, as well as product launches for the enhancement of their business operations.
Citing an instance, in September 2018, CAF Group unveiled plans to acquire Solaris Bus and Coach. The deal helped the company in entering the electric bus industry.
However, the market is facing numerous challenges owing to the rapid spread of the SARS-CoV-2 pandemic at the global level. Several trades and travel restrictions issued by various governments have imposed a ban on domestic and international trade. While there has been a decline in the sales of electric buses, measures towards the containment of the virus and steps toward economic revival are expected to drive market growth through the coming years.
The Middle East & Africa electric bus industry is estimated to record substantial growth through the forecasted period, owing to an upsurge in the demand for electric buses in countries comprising Saudi Arabia and the UAE.
The increasing presence of OEMs, rising government support, and the development of sustainable electric mass transit solutions are anticipated to bolster industry expansion over the estimated span. In November 2019, the Shanghai Wanxiang Group from China helped Egypt’s Arab Organization for Industrialization in the introduction of its first electric bus in the country.
Ask For Customization According to COVID-19 Impact Analysis @ https://www.gminsights.com/roc/4959
On the whole, increasing supportive policy measures coupled with surging government regulations towards vehicular emissions will augment electric bus market size through the assessment period.
Table of Contents (ToC) of the report:
Chapter 1 Methodology and Scope
1.1 Definitions & forecast parameters
1.1.1 Definitions
1.1.2 Methodology and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Electric bus industry 360° synopsis, 2017 – 2027
2.2 Business trends
2.3 Type trends
2.4 Battery capacity trends
2.5 Seating capacity trends
2.6 Application trends
2.7 Regional trends
Chapter 3 Industry Insights
3.1 Industry segmentation
3.2 Impact of COVID-19 on electric bus industry landscape
3.2.1 Global outlook
3.2.2 Regional impact
3.2.2.1 North America
3.2.2.2 Europe
3.2.2.3 Asia Pacific
3.2.2.4 Latin America
3.2.2.5 MEA
Get Complete Synopsis of the Report @ https://www.gminsights.com/toc/detail/electric-bus-market
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mea Electric Bus Market To Record Remarkable Growth With Surging Government Support | Zhongtong Bus Holdings Co., AB Volvo, Scania AG, BYD Co. Ltd. here
News-ID: 2277638 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Bus
Fire-resistant bus duct is a special bus duct
Fire-resistant bus duct [https://www.zrutong.com/corrosion-resistant-intensive-busbar-strength-aluminum-alloy-structure-special-anti-corrosion-treatment-product/] is a special bus duct, which adopts special materials and structural design, and can maintain good electrical performance in high temperature environment, ensuring the continuous supply of electricity. Its structure is generally composed of conductor, insulation layer and shell. The conductor is usually made of copper or aluminum, which has good conductivity and strength; the insulation layer is an important part to ensure that the current…
School Bus Market is Booming Worldwide | Starcraft Bus, Trans Tech, IC Bus, Thom …
Advance Market Analytics published a new research publication on "School Bus Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the School Bus market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Autonomous Bus Door Market Future Prospects - Schaltbau Holding, Vapor Bus Inter …
This intensive research report entitled Autonomous Bus Door Market 2023 compiled and published by MarketsandResearch.biz entails a market synopsis and offers a definition & outline of the market. The report comprises historical data, significance, statistical data, size & share, market analysis by product and market trends by key players, and market price & demand. The market is separated by product type, application, and country. The report targets the current as…
Global School Bus Market 2019 - Collins Industries, Starcraft Bus, Trans Tech, I …
School Bus Market
The global School Bus market research report comprises of the basic insights that are relevant to the global market. The report being an all-inclusive one will be of great help to the users in order to understand not only the market trends, but also the size, forecast trends, production, share, demand, sales, and many such aspects
International global School Bus market report has been replete with step by step…
Global School Bus Market 2018 - Micro Bird, Starcraft Bus, Trans Tech, Van Con, …
Eminent Market Reports, recently published a detailed market research study focused on the “School Bus Market” across the global, regional and country level. The report provides 360° analysis of “School Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of School Bus on…
Global Bus Market 2018 - Beiqi Foton Motor, JMCG, JAC, BYD, Yangzhou Asiastar Bu …
Eminent Market Reports, recently published a detailed market research study focused on the “Bus Market” across the global, regional and country level. The report provides 360° analysis of “Bus Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bus on the basis of…
