The Indian Electric Bus market is expected to touch a $98.9 million value in 2022, and it is expected to grow at a CAGR of 59.1% during the forecast period (2022–2030).
The key market drivers of increasing demand for Electric Buses are Zero Emission commitment, Government initiative (State and Central), Entering New players in the manufacturing of Electric Bus, Buyers confidence, the feasibility of E Bus, Government subsidy, Battery price, Better range, Low Operating cost, Pleasant Journey experience, local manufacturing and have a better ecosystem.
Electric Bus Demand Analysis – Major Bus Operators (Potential Buyers), OEMs, Model-level:
The Key Highlights of the report:
- Electric Bus (BEV & FCEV) Market Overview in India
- Application wise Electric Bus “Market Fit Analysis” – IntraCity Transport, Special Application – Airport, Defence, Staff Transport, and others
- The market size of Electric Buses based on: length less than 9m, 9 to 11m, and more than 11m
- Model wise Electric Bus Sales in India, Product Specification, and Applications of the vehicle
- Model-level TCO value of Electric Bus
- Key & Major pocket for Electric Buses in India and their market size
- Model wise Price Point analysis before and after subsidy
- Major potential and existing buyers of Electric Buses
- Statewise Electric Vehicle Policies Analysis and their impact on sales volume
- Major cities suitable for Electric Buses
- Hidden Market opportunities for OEMs and Suppliers in E Bus
- Customer Analytics: The key reason to buy the Electric Bus, Challenges, and Problems (based on Actual feedback)
- Benchmarking Analysis
- Electric Bus Tender floating and requirements
- Upcoming New model launches
- OEMs covered – Tata Motors, Ashok Leyland, Olectra, JBM, Eicher Motors, and other new players
- Electric Bus Cost Analysis
- Charging Infrastructure for E Buses in India
