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Future Growth Potential Enhanced by New Business Models and Low Cost of Ownership Opportunity in the Electric Bus Market
10-Aug-2020
South Asia, Middle East & North Africa
Market Research
PAD9-01-00-00-00
AU02025-SA-MR_24622
This study on the Indian electric bus (eBus) market discusses the key influencing trends that are driving the growth in this segment. Government Initiatives in India to promote electric buses, state government initiatives, and FAME-II overview and incentives schemes are discussed in this study. The tenders in different cities for procuring the electric buses are compared and analyzed, and the differences between the gross cost contract (GCC) purchase model and the outright purchase model are explained. State-wise EV policies that have been announced and are in the implementation phase are discussed along with future government plans in India for electric buses. The key market drivers and restraints influencing electric buses in India are discussed in detail. A complete total cost of ownership (TCO) analysis is done with a scenario comparing diesel and CNG buses to electric buses, highlighting the cost differences between them if they are owned for a year. Similarly, forecasting is also done for the same scenario in 2025 with the effects of decline in battery prices in India. The estimated differences between the 3 buses is studied for that timeline as well. The major barriers in the adoption of electric buses and what are the solutions to overcome them are also explained through a detailed SWOT analysis on the implementation of electric buses in India. The key technological trends in India with electric buses (e.g., battery swapping) are also discussed. Charging infrastructures are explained in detail, including the different types used in different countries. Pantograph charging as an opportunity in India is explored through bus rapid transit system (BRTS) lanes. The battery technology along with a pricing roadmap to the future and an estimated battery price in the future are also given. The limitless opportunities in recycling batteries and the different methods of recycling are discussed along with the possibilities of usage of secondary life applications with global examples of recycling and repurposing that have been implemented successfully as of now. The driveline technology is explained with detailed analysis about the different types of electric driveline architecture and definitions of key terminologies along with electric motor benchmarking. The electric motor roadmap is also discussed and the pricing analysis for the different types of motors and their forecasting is also given. Finally, the future of electric buses in India is estimated with 3 different scenarios and recommendations are provided for key stakeholders. The growth opportunities and strategic imperatives for success and growth in the electric bus market are also discussed.
Executive Summary—Key Highlights
Research Scope
Research Aims and Objectives
Key Questions this Study will Answer
Research Methodology
Indian Electric Bus Market—Key Influencing Trends
Product Portfolio
Electric Buses Under FAME-I
FAME-I Tenders in Different Cities
FAME-I Bidding Prices—Comparison Between Different Cities
GCC Model and Outright Purchase Model Comparison
GCC Model and Outright Purchase Model Comparison (continued)
FAME-II—Buses Sanctioned
FAME-II—State-wise Penetration of Tenders Won for eBuses
Forecast of eBuses in India
FAME-II Incentives in India—An Overview
FAME-II—Incentive Structure
States Chipping in With EV Policies and Investments
State-wise Policies and Investments to Promote Electric Vehicles
State-wise Policies and Investments to Promote Electric Vehicles (continued)
State-wise Policies and Investments to Promote Electric Vehicles (continued)
State-wise Policies and Investments to Promote Electric Vehicles (continued)
Future Government Plans
Petroleum Import Bill in India
TCO Analysis—Comparison of Diesel, CNG, and Electric
TCO Analysis—Comparison of Diesel, CNG, and Electric (continued)
TCO Analysis—Comparison of Diesel, CNG, and Electric (continued)
Future Scenario
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Major Barriers in eBus Implementation and Solution
SWOT Analysis
Why Battery Swapping?
Technology Comparison
Battery Swapping Operations in China and India
Battery Technology Roadmap
Battery Price Roadmap
Battery Thermal Management System (BTMS)
Battery Technology Roadmap and Price Outlook
Battery Demand and Manufacturing Capacity
Reuse of Batteries for Secondary Life Applications
Secondary Life Applications
Recycling of Batteries
Global Examples of Recycling and Repurposing
Global Examples of Recycling and Repurposing (continued)
Electric Vehicle Supply Equipment (EVSE) Types with Various Connectors
Types of Charging Stations for Buses
Inductive Charging
Incentives for Charging Stations
Charging Strategies for eBuses
Pantograph Charging—Technology Roadmap
Opportunity for Pantograph Charging in BRTS
Charging Infrastructure in India—Challenges
Electric Driveline Architecture Benchmarking
Electric Driveline Architecture Benchmarking (continued)
Electric Motor Benchmarking
Electric Motor Benchmarking (continued)
Electric Motor Roadmap
Growth Opportunity 1—Battery Swapping Model will Significantly Bring Down the Cost of Electric Buses
Growth Opportunity 2—Focusing on Improving the Charging Infrastructure and Increasing Localization of EV Components
Strategic Imperatives for Success and Growth
The Last Word—3 Big Predictions
Legal Disclaimer
Table of Acronyms
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Parthasarathi Prabaharan |
| Industries | Automotive |
| WIP Number | PAD9-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9800-A6,9883-A6,9889-A6,9882-A6 |
Transformative Trends and Innovative Business Models Powering the Indian Electric Bus Market
$3,000.00
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