Europe Electric Bus Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The Europe electric bus market size was approximately USD 2.23 Billion in 2024. The market is assessed to grow at a CAGR of 18.50% between 2025 and 2034, reaching a value of around USD 12.18 Billion by 2034.

Key Trends in the Market

Electric buses refer to vehicles that use electric motors to generate mechanical energy. They reduce local and global emissions and boast lower operating costs than their conventional counterparts. Several countries worldwide are adopting electric mobility solutions, including electric buses, to reduce emissions from the transportation sector.

Electric buses can cut pollutants and lower the level of carbon emissions, thereby improving the quality of air and life. A conventional vehicle with an internal combustion engine, on average, produces 1.3kg CO2 per km travelled, whereas an electric bus produces none.

• The Europe electric bus market demand is being driven by rapid urbanisation, increasing traffic congestion, growing environmental concerns, and changing mobility patterns. In the first half of 2023, Europe deployed approximately 2567 electric buses, surpassing the number of electric buses adopted in 2022.
• The introduction of several initiatives by the European Union, governments, and key organisations to promote the usage of electric vehicles is positively impacting the Europe electric bus market growth . The European Commission aims to deploy only zero-emission city buses by 2030 to combat the climate crisis and reach zero-emission goals.
• Various countries in the region are phasing out internal combustion engine (ICE) vehicles to decarbonise the transportation sector, boosting sales of e-buses. For instance, the Netherlands, Ireland, and Austria have set targets to phase out sales of internal combustion engines used in buses by 2025, 2030, and 2032 respectively. Moreover, more than half of European capital cities are planning to deploy zero-emission buses by 2040 amid stringent government regulations.
• The Europe electric bus market expansion is further being supported by technological advancements and innovations, coupled with increasing adoption of autonomous e-buses that can enhance the safety and comfortability of public transportation. For instance, Karsan’s Level-4 autonomous e-buses, which can detect road and environmental conditions at defined routes and offer maximum safety to passengers, have been adopted in Romania.

Europe Electric Bus Market Segmentation

Breakup by Propulsion Type:

• Battery Electric Bus
• Plug-in Hybrid Electric Bus
• Fuel Cell Electric Bus

Breakup by Length:

• Battery Electric Bus
• Plug-in Hybrid Electric Bus
• Fuel Cell Electric Bus

Breakup by Battery Type:

• Lithium-ion Battery
• Nickel-Metal Hydride Battery (NiMH)
• Others

Breakup by Range:

• Less than 200 Miles
• More than 200 Miles

Breakup by Battery Capacity:

• Up to 400 kWh
• Above 400 kWh

Breakup by End User:

• Private
• Public

Breakup by Region:

• Germany
• United Kingdom
• France
• Italy
• Others

Competitive Landscape

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Europe electric bus market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

AB Volvo.

AB Volvo was established in 1927 and is headquartered in Gothenburg, Sweden. It is a multinational manufacturing corporation that deals in the production and distribution of trucks, buses, construction equipment, and power solutions for marine and industrial applications.

Xiamen Golden Dragon Bus Co., LTD

Xiamen Golden Dragon Bus Co., LTD was founded in 1992 and is a joint venture company which is headquartered in Xiamen, China. It specialises in developing, manufacturing, and selling luxury buses and light vans in medium to large sizes. Its products include Intour electric bus, Astar, Polestar electric bus, and E12 electric bus series, among others.

BYD Europe B.V.

BYD Europe B.V. was founded in 1998 and is a pioneer in battery technology. The leading European e-bus manufacturer aims to transform the global transportation sector through electrification. It offers a wide range of electric buses, including BYD eBus B11, BYD eBus B13, and BYD eBUS B15, among others.

Other Europe electric bus market players include Yutong Bus Co., Ltd., Daimler Truck AG, IVECO S.p.A, Solaris Bus & Coach sp. z o.o., Traton SE, Karsan Otomotiv San. ve Tic. A.S, TAM-Europe d.o.o., BYD Europe B.V., and others.