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:
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