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Global Electric Bus Market Forecast

In order to curb pollution and carbon emission, an efficient zero tailpipe emission is required. Gasoline powered buses cause poor air quality, electric buses are a great way to curb global pollution problem. Global Electric Bus Market is expected to cross USD 400 Billion landmark by the year 2024. With increasing awareness about the benefit of using electric buses as public mode of transport coupled with local battery manufacturing and exclusive financing models certainly helping Global Electric Bus Market to grow robustly over the forecast period.<br>For More Information: <br>https://www.renub.com/global-electric-bus-market-nd.php

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Global Electric Bus Market Forecast

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  1. Global Electric Bus Market

  2. Report Description and Highlights Analyst View: Global Electric Bus Market is expected to cross USD 400 Billion landmark by the year 2024. With increasing awareness about the benefit of using electric buses as public mode of transport coupled with local battery manufacturing and exclusive financing models certainly helping Global Electric Bus Market to grow robustly over the forecast period. In order to curb pollution and carbon emission, an efficient zero tailpipe emission is required. Gasoline powered buses cause poor air quality, electric buses are a great way to curb global pollution problem. Though, electric buses are more expensive than its diesel counterparts as these vehicles are powered by lithium-ion batteries which are costly. But now days with rising global warming concern, governments across the nations have introduced several programs in the procurement of electric buses to encourage its mass adoption.

  3. Global Electric Vehicle Battery Market will surpass US$ 65 Billion by 2024 Electric bus needs infrastructure, safety regulations and an entirely different ecosystem. Today, countries around the world are making significant effort in developing each of these areas such as addressal of the charging infrastructure. For electric buses, it’s not possible to charge its battery one time and then run it all day long. Thus, ‘Top-Up Charging’ is required that is electric bus starts off in the morning with decent range and uses multiple short, turbo charging throughout the day, thus maintaining its daily limit of 200-250Km. Other than ‘Top-Up Charging’ method ‘Battery Swapping’ is another way of charging where the exhausted battery is replaced by the charged ones at the charging stations. Battery Swapping requires more area than that of the short charging, turbo charging stations as Battery Swapping requires warehouse to keep the batteries and also requires automated machines to lift these heavy batteries. According to Renub Research Global Electric Vehicle Battery Market will surpass US$ 65 Billion by the end of year 2024. Read more here: https://www.renub.com/china-dairy-market-forecast-nd.php

  4. Global Forecast for E- Bus Market Share by Technology (%) Global Forecast for E- Bus Market Share by Technology (%) 2018 – 2024 Source: Renub Research Analysis Note: These are dummy figures; actual data given in the report

  5. Electric bus is the core of a modern public transit system across the world Around the world, governments are making their efforts in bringing more and more electric buses on the road, but still the usage of electric buses are very limited. Electric buses high cost and lack of required infrastructure are among the major challenges for the electric bus market. Thus, until the battery technology develops to such a point where a bus can comfortably runs 200-300Km on a single charge, it is believed that this technology is unlikely to be adopted broadly in the public transportation system. Electric bus is the core of a modern public transit system across the world. The safe, sustainable, smart and comfortable public transportation is the solution for addressing the challenges of pollution and congestion, which most the cities face today. This safe and comfortable ride by electric bus certainly encourage people to leave their bikes and cars at home, also help in making the surrounding greener. Want more Information about this market? Request a free sample copy: https://www.renub.com/contactus.php

  6. Global Forecast for E- Bus Market Share by Regions (%) Global Forecast for E- Bus Market Share by Regions (%) 2018 – 2024 Source: Renub Research Analysis Note: These are dummy figures; actual data given in the report

  7. Key Topics Covered Key Topics Covered : 1.    Executive Summary 2.    Global Electric Bus Market 3.    Global Electric Bus Volume 4.    Market Share – Global E-Bus 5.    Volume Share – Global Electric Bus 6.    China Electric Bus Analysis 7.    Europe E-Bus Analysis 8.    NORDICS Electric Bus Analysis 9.    United States Electric Bus Analysis 10.    India Electric Bus Analysis 11.    Major Electric Bus Manufacturers 12.    Growth Drivers 13.    Key Challenges • Browse Related Report : • Electric Vehicle Market • Self Driving Car Market • Contact Us • Tel: +1-678-302-0700 (US), +91-120-421-9822 (INDIA) • Email: info@renub.com

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