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Electric Bus Market Growth & Trends (2021-2030)

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The Global Market For Electric Buses was estimated to be worth USD 42 Billion, and by 2030, the market will be worth USD 87 Billion, registering a CAGR of 17.6%.

Market Overview
In response to growing worries about greenhouse gas emissions and their negative impacts on the environment, the growth of electric vehicles is proving to be humanity's greatest gift to nature, reducing carbon and other hazardous emissions into the atmosphere. In the past few years, the global market for electric buses has expanded significantly, as governments across the globe have adopted electric vehicles for their public transportation systems.

𝗞𝗲𝘆 𝗗𝗿𝗶𝘃𝗲𝗿𝘀:
AB Volvo
AB Volvo is a Swedish multinational company and one of the world’s leading manufacturers of trucks, buses, and construction equipment. In the electric bus market, Volvo has been pioneering the development of zero-emission vehicles. The company offers a variety of electric buses designed to improve urban mobility while reducing environmental impact. Volvo's electric buses are known for their durability, efficiency, and advanced technology, playing a key role in the global transition to sustainable public transportation.
Anhui Ankai Automobile Co.
Anhui Ankai Automobile Co. is a Chinese company specializing in the manufacture of buses, including electric buses. Founded in 1997, Ankai is a major player in China’s rapidly expanding electric vehicle market. The company offers a wide range of electric buses tailored for city transportation and intercity travel. Ankai focuses on producing high-performance, eco-friendly buses and has become a significant contributor to China’s efforts in reducing air pollution and promoting sustainable public transport

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