Search results for: 'range extender bus'

21 Feb 2024  |  North America  |  Market Research

Global Growth Opportunities in the Electric Transit Bus and Coach Market, 2030

Europe, North America, and India Will Experience a Resurgence of the Industry

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Emission regulations, battery price drop, the emergence of low emission zones, purchase subsidy, and tax exemptions will drive electric bus growth across the world. The growing adoption of electric transit buses has opened the path for global sourcing and supply of alternate powertrain buses. The industry is fertile ground for strong collaborations...

Geopolitical crises and high inflation prompted most central banks to raise interest rates in 2022, derailing the post-pandemic recovery. Energy costs increased manifold, impacting demand- and supply-side participants equally. Oil prices reached record highs as countries cut dependency on Russian imports, with the price of Brent crude oil reaching ...

This Frost & Sullivan report on the global school bus industry provides an in-depth analysis of the growth environment, global trends, and an extensive examination of the school bus space segmented by region. The global school bus industry is expected to grow at a 4.1% rate as market demand experiences a rebound after the pandemic, with replacemen...

Frost & Sullivan expects North America’s school bus market to experience steady, multiyear, replacement-driven growth, supported by an aging national fleet, rising safety requirements, and expanding state-level investment in clean student transportation. While established manufacturers continue to dominate in production scale, dealer reach, and mul...

The global demand for buses has risen with the increase in capacity and the requirement for faster transfer influenced by economic developments, new business ventures, and changing buying patterns. Fleet operators are exploring advanced technologies, primarily solutions for autonomous buses, to increase efficiency across the supply chain. Although ...

COVID-19 has had a global impact, with governments resorting to national lockdowns and social distancing measures to mitigate the spread of the virus. The result was a large-scale drop in business confidence, consumer demand, and industrial production, leading to a global economic recession in 2020. A large number of workplaces closed indefinitely ...

The LATAM bus market is experiencing a number of transformative shifts that are impacted by urbanization and the rise of mega cities, integrated mobility, regulations, and technology innovation. Despite current factors challenging the market, Frost & Sullivan expects LATAM annual sales of over 50,000 units by 2022. The research covers Argentina, Br...

The COVID-19 pandemic continued to have a global impact in 2021, with transit and bus operators facing financial constraints as daily commuting declined and people shifted to personalized transport to avoid infections. However, with vaccination drives underway, ridership is likely to increase in 2022. India and Latin America are candidates for stro...

Advanced powertrain technologies, such as hybridization and electrification of transit buses, will find huge demand and this decade will mark an accelerated growth story for both these green technologies. The study captures the key emerging trends in the global heavy duty hybrid and electric transit bus market with an emphasis on technologies trend...