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Electric Bus Market

Global Electric Bus Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 - (By Propulsion Type, By Range, By Application, By Geographic Coverage and By Company)

Published Date: May 2025 | Format: | No. of Pages: 200

Industry: Automotive & Transport | Author Name: Chetan

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Report Description Research Methodology

FAQ : Electric Bus Market

The Electric Bus Market is valued at US$ 18.6 billion in 2025, reflecting increasing global commitments to clean and sustainable public transportation.

Stringent emission regulations, government subsidies, and growing investment in electric public transit infrastructure are driving the adoption of electric buses globally.

Key players in the Electric Bus Market include BYD Company Ltd., Yutong Bus Co. Ltd., Proterra Inc., VDL Bus & Coach, and AB Volvo, among others.

The market is expected to grow at a CAGR of 10.9% from 2025 to 2032, driven by electrification mandates and advancements in battery technologies.

Advancing battery technologies and supportive government policies are driving the global shift toward electric buses by improving efficiency, reducing ownership costs, and enabling broader adoption.
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