Press release
India Electric Bus Market by Type, Length, Battery, Region, Growth and Demand Forecast, 2017-2025
The Indian electric bus market is projected to reach 4,056 units by 2025, the growth of the market is majorly driven by the increasing government support for electric vehicles and falling battery prices.
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On the basis of vehicle type, the Indian electric bus market is segmented into battery electric bus (BEB) and hybrid electric bus (HEB). Among these, in terms of volume, the HEB category accounted for more than 85% share in the electric bus industry in 2017. However, the fastest growth during the forecast period is expected from the BEB category, owing to higher government support for BEBs as they are eco-friendlier than HEBs.
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Based on battery, the Indian electric bus market is segmented into lithium-iron-phosphate (LFP), Lithium Nickel Manganese Cobalt Oxide (NMC) batteries, and others. Among these, the LFP category recorded the highest volume sales, crossing 80% in 2017. However, the fastest growth during the forecast period is expected from the NMC category, owing to its declining price in addition to the higher energy density and safety levels that it offers.
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The key players in the Indian electric bus market are Ashok Leyland Limited, Goldstone Infratech Limited, Tata Motors Limited, JBM Auto Limited, Solaris Bus & Coach SA, BYD Auto Co. Ltd., Zhongtong Auto Co., Optare PLC, Deccan Auto Limited, and Volvo Eicher Commercial Vehicles Limited.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/india-electric-bus-market/report-sample
On the basis of vehicle type, the Indian electric bus market is segmented into battery electric bus (BEB) and hybrid electric bus (HEB). Among these, in terms of volume, the HEB category accounted for more than 85% share in the electric bus industry in 2017. However, the fastest growth during the forecast period is expected from the BEB category, owing to higher government support for BEBs as they are eco-friendlier than HEBs.
Explore Full report Description At@ https://www.psmarketresearch.com/market-analysis/india-electric-bus-market
Based on battery, the Indian electric bus market is segmented into lithium-iron-phosphate (LFP), Lithium Nickel Manganese Cobalt Oxide (NMC) batteries, and others. Among these, the LFP category recorded the highest volume sales, crossing 80% in 2017. However, the fastest growth during the forecast period is expected from the NMC category, owing to its declining price in addition to the higher energy density and safety levels that it offers.
Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=india-electric-bus-market
The key players in the Indian electric bus market are Ashok Leyland Limited, Goldstone Infratech Limited, Tata Motors Limited, JBM Auto Limited, Solaris Bus & Coach SA, BYD Auto Co. Ltd., Zhongtong Auto Co., Optare PLC, Deccan Auto Limited, and Volvo Eicher Commercial Vehicles Limited.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
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