1. Electric Bus Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2. Industry Profiles Snapshot Major ParameterDescription Market Segments by Vehicle Type Plug-in hybrid electric bus, Hybrid electric bus, Battery electric bus Market Segments by Battery Type Lithium Iron Phosphate, Nickel Manganese Cobalt Oxide (NMC), Others Market Segments by Charging Type Inductive, conductive, and pluging Market Segments by Length Type Small bus (>10 Meter), and large bus (<10 Meter) Market Segments by End-Use Type Public and private Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name BYD, CRRC, Alexander Dennis Limited, Solaris Bus & Coach, Zhengzhou Yutong, New Flyer, Volvo, Proterra, and others. Trend Growth Rate and CAGR19.6% Key Industry Forecast The electric bus market is expected to reach an estimated $71.9 billion by 2024 with a CAGR of 19.6% from 2019 to 2024. Key Industry Driver Driver: Increasing gasoline prices, government subsidies as tax benefits to promote electric buses, and stringent environmental regulations to reduce air pollution. 2

3. Industry Overview Market Size The electric bus market is expected to reach an estimated $71.9 billion by 2024 with a CAGR of 19.6% from 2019 to 2024. Emerging trends, which have a direct impact on the dynamics of the industry, include development of low cost lithium ion batteries and integrated software solutions for better optimization of bus performance. 3 Industry Performance : Forecast Market Size (2024)$71.9 billion CAGR (2019-24)19.6%