India Electric Bus Market By Vehicle Type (30 Seater), By Drivetrain Technology (Battery Electric Bus and Plug-in Hybrid Bus), Competition Forecast & Opportunities, FY2017-FY2023

According to “India Electric Bus Market By Vehicle Type, By Drivetrain Technology, Competition Forecast & Opportunities, FY2017-FY2023”, India electric bus market is projected to grow at a CAGR of around 124% by FY2023. With growing need for controlling GHG (Greenhouse gases) emissions emitted by vehicles, the government is encouraging the use of electric powered vehicles across various states, which is boosting the demand for electric buses in India.

The electric bus market across India is expected to register a robust growth over the coming years owing to consistently growing affordability of electric buses due to high subsidies provided by the government coupled with various leading commercial vehicle manufacturers foraying into the country’s electric bus market. Some of the renowned companies invested in the electric bus market operating across the country include Goldstone, Volvo Eicher Commercial Vehicles Limited, JBM Auto Limited, Mahindra Electric Mobility Limited, Tata Motors Limited, Volvo India Private Limited, and Ashok Leyland Limited.

“India Electric Bus Market By Vehicle Type, By Drivetrain Technology, Competition Forecast & Opportunities, FY2017-FY2023”, discusses the following aspects of electric bus market in India:

• Electric Bus Market Size, Share & Forecast


• Segmental Analysis - By Vehicle Type (< 30 Seater and >30 Seater), By Drivetrain Technology (Battery Electric Bus and Plug-in Hybrid Bus)


• Competitive Analysis


• Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

• To gain an in-depth understanding of electric bus market in India


• To identify the on-going trends and anticipated growth in the next five years


• To help industry consultants, electric bus manufacturers, distributors and other stakeholders align their market-centric strategies


• To obtain research-based business decisions and add weight to presentations and marketing material


• To gain competitive knowledge of leading market players


• To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with electric bus manufacturers, distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.