Companies Dominating the Electric Bus Landscape
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The electric bus market is highly competitive, with the presence of established players and new entrants. Leading manufacturers, including Proterra, BYD, and Daimler, are at the forefront, offering a range of electric buses tailored to various urban transport needs. As governments push for stricter environmental regulations and increased subsidies, competition among manufacturers is intensifying, driving innovation and the expansion of electric transportation worldwide. Here are some key players operating in the global market:
- BYD Motors Inc.
- Company Overview
- Business Strategy
- Key Technology Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Volve Group
- Daimler Truck AG
- Equipmake Limited
- Yinlong Energy China Ltd.
- Hyundai Motor Company
- Yutong Bus Co., Ltd.
- NFI Group Inc.
- Proterra Inc.
- Nissan Motor Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Currently in 2025, the industry revenue of electric bus is estimated at USD 43.93 billion.
The global electric bus market is likely to rise from USD 38.65 billion in 2024 to USD 391.68 billion by 2037, exhibiting a CAGR of around 19.5% during the forecast timeline, between 2025 and 2037.
Asia Pacific industry is poised to account for largest revenue share by 2037, backed by growing penetration of electric buses, as well as increasing the adoption of battery vehicles to reduce environmental pollution in the region.
The major players in the market include BYD Motors Inc., Volve Group, Daimler Truck AG, Equipmake Limited, Yinlong Energy China Ltd., Hyundai Motor Company, Yutong Bus Co., Ltd., NFI Group Inc., Proterra Inc., Nissan Motor Corporation.
