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Africa Electric Bus Market Size, Share, Trends, Report and Forecast 2024-2032

10-31-2023 07:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Africa Electric Bus Market

Africa Electric Bus Market

Africa Electric Bus Market Outlook

According to a new report by Expert Market Research titled, "Africa Electric Bus Market Share, Size, Analysis, Report and Forecast 2024-2032″, Africa electric bus market reached a value of USD 1.6 billion in 2023. Aided by increased environmental awareness and economic benefits offered by electric buses, the market is projected to further grow at a CAGR of 13.5% between 2024 and 2032 to reach a value of USD 5.03 billion by 2032.

Electric buses represent a transformative leap in public transportation, particularly in regions grappling with air quality issues. These vehicles run on electricity, reducing, or eliminating the emissions common with traditional diesel-powered buses. The integration of technological advancements, like fast-charging capabilities, has further elevated their appeal. In the African context, electric buses are not just a means to transport but an important stride towards a more eco-friendly and sustainable urban future.

The Africa electric bus market growth is underpinned by a range of factors. Topmost is the environmental urgency. Many African cities are witnessing rising pollution levels, exacerbated by a growing population and the influx of old, emission-heavy vehicles. Electric buses present an opportunity to significantly reduce urban emissions and improve air quality.

Get a Free Sample Report with Table of Contents@ https://bityl.co/M2Wd

Moreover, as global conversations around sustainability intensify, several African nations are realising the economic benefits of transitioning to greener alternatives. This transition is being supported by international investments and collaborations aiming to promote cleaner transportation modes in the continent. Electric buses, with their promise of lower operational costs in the long run, are attractive propositions for city administrators and transportation agencies.

Additionally, major Africa electric bus market trends are technological advancements and infrastructural developments. Several countries, with the aid of international partnerships, are establishing charging infrastructure in urban centres, facilitating the adoption of electric buses.

The manufacturing landscape is also evolving, with both local and international players showing keen interest. While international brands bring expertise and advanced technology, local manufacturers ensure better after-sales support and understand the unique challenges and demands of the African market.

Read Full Report with Table of Contents@ https://bityl.co/M2We

Public-private partnerships are becoming instrumental. Governments are collaborating with manufacturers and service providers to ease the financial burden, create favourable policy frameworks, and develop the necessary charging infrastructure which is further augmenting the Africa electric bus market demand.

Africa Electric Bus Market Segmentation

The market can be divided based on propulsion type, battery type, battery capacity, bus length, range, power output, application, end use, and country.

Market Breakup by Propulsion Type

Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Fuel Cell Electric Vehicle

Market Breakup by Battery Type

Lithium Nickel Manganese Cobalt Oxide
Lithium Iron Phosphate

Market Breakup by Battery Capacity

Up to 400 kWh
Above 400 kWh

Market Breakup by Bus Length

Less Than 9 meters
9 To 14 meters
Above 14 meters

Market Breakup by Range

Less Than 150 Miles
150 To 300 Miles
Above 300 Miles

Market Breakup by Power Output

Up to 250 kW
Above 250 kW

Market Breakup by Application

Intercity
Intracity

Market Breakup by End Use

Public
Private

Market Breakup by Country

South Africa
Egypt
Nigeria
Algeria
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa electric bus market. Some of the major players explored in the report by Expert Market Research are as follows:

Mercedes-Benz Group AG
Kiira Motors Corporation
BYD Motors, Inc.
MiPower Electric Bus (Masala Ramabulana Holdings)
Yutong Bus Co., Ltd.
Xiamen King Long International Trading Co.,Ltd.
Volvo Group
Tata Sons Private Limited
Roam
BasiGo
Others

Read More Reports:

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Media Contact:

Company Name: Claight Corporation
Contact Person: George buttler, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

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