Battery Electric Bus (BEB) Market is Projected to Grow
Massively in Near Future by 2030

Battery Electric Bus (BEB) Market Growth
Trend & Forecast with latest research study released by Delvens evaluating
the market risk side analysis, highlighting opportunities, and leveraging
strategic and tactical decision-making support. The report provides information
on market trends and development, growth drivers, technologies, and the
changing investment structure of the Global market, the global Battery Electric
Bus (BEB) Market size was estimated at USD 41.8 billion in 2023 and is
projected to reach USD 332.8 billion in 2030 at a CAGR of 34.5% during the
forecast period to 2030.

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Report: https://www.delvens.com/get-free-sample/battery-electric-bus-market

The battery electric bus market is driven by factors such as
increasing demand for fuel-efficient, efficient and low-emission buses, strict
government rules and regulations on vehicle emissions and declining battery
prices. However, the market growth is limited by high production costs and low
fuel economy and serviceability. Additionally, technological advancements and
proactive government initiatives to adopt e-buses are creating lucrative growth
opportunities for the market. In addition, governments are implementing various
measures to promote the adoption of electric buses worldwide.

Asia-Pacific to Dominate
the Market

·       
Asia-Pacific is estimated to account for the
largest market share during the forecast period owing to the increasing need to
reduce pollution and dependency on fossil fuels.

·       
Moreover, the growing government initiatives
towards clean public transport and availability of key market players like BYD,
Yutong etc.

The Prominent Players
in the Battery Electric Bus (BEB) Market

·       
BYD Company Limited

·       
AB Volvo

·       
Proterra

·       
VDL Group

·       
King Long United Automotive Industry Co. Ltd

·       
Daimler Truck AG

·       
NFI Group Inc

·       
Zhongtong Bus Holding Co. Ltd.

·       
Anhui Ankai Automobile Co. Ltd

·       
Ashok Leyland Limited

·       
Zhengzhou Yutong Bus Co., Ltd.

·       
TATA Motors Limited

·       
CAF (Solaris)

·       
Yinlong Energy

·       
Blue bird Corporation

·       
The lion electric company

·       
Blue bus and More

Recent Developments

·       
The valley transportation authority (VTA) in
Santa Clara City, US, will install an innovative clean energy microgrid and EV
fleet charging system with Proterra and Scale Microgrid Solutions. This project
will showcase how clean energy paired with fleet-scale EV charging can enable
the adoption of fully electric vehicles fleets. Expected to come online in late
2023, it will help VTA further reduce greenhouse gas emissions.

·       
Daimler AG received an order to supply 45 buses
to VLP transport for intercity transport.

Access Full Report: https://www.delvens.com/report/battery-electric-bus-market

In addition to the
market data for the Battery Electric Bus (BEB) Market, Delvens offers client-centric
reports customized according to the company’s specific demand and requirements.

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