Electric Bus Battery Market Top Key Players - CTS Battery – China, Dalian Cbak Power Battery Co Ltd, All Good Energy Co, China National Power Battery Corporation, Wanxiang America Corporation, Sound Group Co Ltd, Shoto Group Company Ltd, CATL, Muller En
An electric bus is a form of electric vehicle (EV) that is driven by electricity rather than diesel or gasoline. Unlike hybrid vehicles, which mix battery power and internal combustion engines, electric buses are completely electrically driven. As a result, electric vehicles are commonly referred to as pure electric vehicles to emphasize that point.Public transport buses are ideally located in the category of the next-generation heavy-duty vehicle market, which supplies significant electricity. However, most fleet managers buy a battery electric bus (BEB) only if it is more cost-effective for the rest of their life than a typical diesel bus. Electric public transport buses are manufactured and operated in demonstration stages or pilot programs around worldwide, including China, Europe and North America.
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GLOBAL ELECTRIC BUS BATTERY MARKET DEVELOPMENTS AND INNOVATIONS
• Proton Motor Hydrogen Fuel Cells to Power Up battery Electric Bus Fast Charging
• JBM Auto Limited to dispatch brand new 90 Mini Electric buses to BMTC, Mumbai
• NFA and OCTA negotiated purchases of hydrogen-based transportation vehicles.
GLOBAL ELECTRIC BUS BATTERY MARKET DYNAMICS
• For hybrid and electric city buses, energy storage is one of the most important factors in terms of overall energy efficiency, life cycle of the bus and cost. Lithium-ion batteries have recently been shown to be an excellent alternative to hybrid and electric passenger cars. They have sufficient power and energy capacity, are generally safe, and have schedule and cycle life long enough, at least for hybrids.
• The life of a battery can be significantly shortened at high temperatures, high currents, and high energy throughput. There is growing interest in the aging and life cycle of batteries. Lithium-based batteries still cost a lot for cars, but many proposed estimates can significantly reduce the cost for mass production.
GLOBAL ELECTRIC BUS BATTERY MARKET SEGMENTATION
The Global Electric Bus Battery Market can be segmented into following categories for further analysis.
By Battery Type
• Lithium Nickel Manganese Cobalt (LI-NMC)
• Lithium Iron Phosphate (LFP)
• Lithium Cobalt Oxide (LCO)
• Lithium Titanate Oxide (LTO)
• Lithium Manganese Oxide (LMO)
• Lithium Nickel Cobalt Aluminium Oxide (NCA)
By Battery Capacity
• Under 150kWh
• 150-250kWh
• More than 250kWh
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL ELECTRIC BUS BATTERY MARKET
• In the development of electric bus batteries, an integrated approach that can bring greater range and greater efficiency to the global market was important. Batteries are important in electric vehicle technology development lines to improve bus integrity and powertrain capacitance.
• The modern battery is integrated with active thermal management software to ensure optimal charging and operation. Sensors throughout the pack provide continuous monitoring and diagnostics and provide fast service as energy reservations can be dynamically adjusted over time to achieve maximum performance.
COMPETITIVE LANDSCAPE
The continuing revolution in the electric bus battery market is becoming the basis for a sharp impulsiveness towards better technology integration of electric buses to achieve better levels of efficiency. EV bus batteries are being manufactured by most of China's manufacturing competitors, where strong technological developments are underway.
COMPANIES PROFILED
• CTS Battery – China
• Dalian Cbak Power Battery Co Ltd
• All Good Energy Co
• China National Power Battery Corporation
• Wanxiang America Corporation
• Sound Group Co Ltd
• Thunder Sky Winston Battery limited
• Tianjin Lishen Battery Join Stock Co Ltd
• Shoto Group Company Ltd
• CATL
• Muller Energy
• Shenzen Optimumnano Energy Co Ltd
• Dongguan Power Long Battery Technology Co Ltd
• Simplo Technology Co Ltd
• Powerzinc Electric Inc.
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