Electric Bus Industry The global electric bus market size was estimated at USD 49.81 billion in 2023 and is expected to grow at a CAGR of 12.1% from 2024 to 2030. An increasing adoption of electric buses owing to rising environmental concerns and government support has contributed to the growth of the electric bus market. Electric buses offer a significant advantage over traditional gasoline...

The Electric Bus Market was valued at USD 17.7 billion in 2023-e and will surpass USD 50.6 billion by 2030; growing at a CAGR of 16.2% during 2024 - 2030. As cities worldwide grapple with escalating pollution levels and the urgent need to reduce carbon footprints, electric buses have emerged as a key solution to revolutionize public transportation. In this blog, we'll explore the current...

Electric Bus Industry The global electric bus market size is anticipated to reach USD 110.44 billion by 2030 and expanding at a CAGR of 12.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is attributed to the rising demand from private transit agencies, city planners, and private institutions for alternatives to conventional buses and...

The Electric Bus Market was valued at USD 17.7 billion in 2023-e and will surpass USD 50.6 billion by 2030; growing at a CAGR of 16.2% during 2024 - 2030. As cities worldwide grapple with escalating pollution levels and the urgent need to reduce carbon footprints, electric buses have emerged as a key solution to revolutionize public transportation. In this blog, we'll explore the current...

The Electric Bus Market was valued at USD 17.7 billion in 2023-e and will surpass USD 50.6 billion by 2030; growing at a CAGR of 16.2% during 2024–2030. As cities worldwide grapple with escalating pollution levels and the urgent need to reduce carbon footprints, electric buses have emerged as a key solution to revolutionize public transportation. In this blog, we’ll...

The global electric bus market was valued at USD 49.81 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2030. This growth is being driven by the increasing adoption of electric buses, largely due to rising environmental concerns and strong government support. Electric buses offer a number of advantages over traditional gasoline and...