Europe Electric Bus Market Top Key Players – BYD, VDL, Solaris Ltd, Volvo, Astonbus, AMZ Kutno, Eura bus, Karsan Automotive, Mercedes Benz
The first argument for choosing electric buses over diesel buses is that although diesel buses are more efficient than private cars, they still contribute significantly to greenhouse gas emissions, which can be significantly reduced by using electric buses. As a result, governments in several countries and regions around the world are looking for ways to minimize greenhouse gas emissions from public transport.
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EUROPE ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS
• BYD Planning Big To Expand Electric Vehicles In Europe –EU
• BYD delivers 76 electric buses to Nobina in Finland - EU – Finland
• BYD, ADL partnership to supply 200 electric buses to Ireland’s NTA – Ireland
EUROPE ELECTRIC BUS MARKET DYNAMICS
• Over the past decade, European cities have witnessed a growing trend towards motorization with deteriorating air quality, and calls have been made for the promotion of public transport as a way out of this impasse. In this context, electric buses can play a positive role as switching from conventional diesel buses to electric buses has several benefits in terms of reducing local pollution, noise and fuel consumption.
• The ease of access and direct point-to-point communication provided by private means of transport such as two-wheelers and cars have led to an increase in per capita travel and long distance travel. The increase in demand for transport and the pace of motorization significantly exceeds the supply of infrastructure. This has led to the use of road space by vehicles exceeding capacity (these roads), causing congestion at rush hour.
• With 23,000 electric buses scheduled for commissioning in 2025 (up from around 1,200 buses in 2019), public transport is electrifying rapidly.
EUROPE ELECTRIC BUS MARKET SEGMENTATION
The Europe Electric Bus Market can be segmented into following categories for further analysis.
By Electric Bus Fueling Classification
• Battery Based
• Hybrid Based
• Fuel Cell Based
By Vehicle Range
• Upto 200 Miles
• Above 200 Miles
By Battery Integration 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 Regional Classification
• Republic of Cyprus
• Czech Republic
Competition in Europe is increasing due to large-scale collaborative efforts with public-private initiatives across the Union to improve hybrid electric buses, fuel cell electric buses and full battery electric buses, which are now used on many public networks across the globe. world. The different types of electric bus technology differ depending on whether the electricity is produced or stored on board.
• Solaris Ltd
• AMZ Kutno
• Eura bus
• Karsan Automotive
• Mercedes Benz
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