Friday 30 January 2015

$100B Market by 2025 for Hybrid and Pure Electric Buses

Buses are boring right? Not any more. Faced with 200,000 people dying of air pollution yearly and rocketing oil imports, China will make 10 million school buses and 1.6 million large buses electric. The resulting ultra-low cost base will let its bus makers flood the world. Nonetheless, the emerging global market for hybrid and pure electric buses at over $100 billion yearly in 2025 will have much variety and opportunities for everyone.

The new report, Electric Buses 2015-2025 from analysts IDTechEx makes it clear that, at over 20% of the total future hybrid and pure electric vehicle value market, the bus forecasts must be taken seriously by those seeking leadership in the market overall not just the rest of us that travel on the things.