The global electric bus market is moving at an accelerated pace, projected to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030, reflecting a compound annual growth rate (CAGR) of 14.2%. This surge is driven by a combination of factors, including stringent environmental regulations, technological advancements in battery systems, and substantial…
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Electric Buses Market Trends in Europe: 2022–2024 In 2022, the European electric bus market saw a total of 4,152 registrations, marking a 26% increase from the previous year. The United Kingdom led with 685 units, followed by Germany with 581 and France with 549. Notably, Yutong emerged as the top manufacturer, registering 479 buses and…
The Ministry of Education and Science has announced a public tender, which envisages the staged purchase of electric buses over the next four years, depending on the particular needs of each municipality. The expected total value of the bus purchase is BGN 23 million. The public tender is divided into 10 separate sections depending on…
Bulgaria is holding negotiations with the European Investment Bank (EIB) to finance a project for replacing the buses used in the country’s urban transport with electric buses. This was announced by Finance Minister Asen Vasilev, who attended the Bank’s Bulgarian annual results presentation, as reported by the Bulgarian National Television (BNT). According to him, if…
The European electric bus market recorded a 53% growth in registrations during 2023. 6,354 electric busеs were registered in the EU, including Norway, Iceland, and Switzerland. 43% of the city buses were battery, hydrogen, or ultracapacitor-powered e-buses. Overall, 13,466 buses with alternative drivelines were registered, marking a 41% increase as compared with the previous year,…