Electric Bus Market In China To Grow At A CAGR Of 29.92% Over The Period 2014-2019

Electric buses use electric motors instead of IC engines for propulsion. The electric energy, which is stored in batteries, is converted into mechanical energy to produce the desired propulsion. On the other hand, hybrid electric buses combine a conventional internal combustion engine propulsion system (mostly diesel based) with an electric propulsion system.

The report analysts forecast electric bus market in China to grow at a CAGR of 29.92% over the period 2014-2019.

Covered in this Report:

• This report covers the present scenario and the growth prospects of electric bus market in China for the period 2015-2019. The market size has been calculated based on the number of electric buses sold in China. The report presents six key vendors and a detailed analysis of these vendors. Based on the type of technology used for the electric bus manufacturing, we have also segmented the market into battery electric bus, and plug-in hybrid electric bus. We also discuss market growth drivers, the challenges faced by vendors and the industry as a whole, as well as key trends emerging in the market.

• The report, the electric bus market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the electric bus market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

To Read more reports of this category:
http://www.radiantinsights.com/catalog/automotive

Key vendors

•  Anhui Ankai Automobile
•  BYD
•  Shenzhen Wuzhoulong Motors Group
•  Zhengzhou Yutong
•  Zhongtong Bus
•  Zhuhai Guangtong Automobile

Other Prominent Vendors

•  Daimler
•  Eagle
•  Jiang-Su Alpha
•  Jingzhou Xinwei
•  Lianfu Group
•  Nanjing Jiayuan
•  Volvo
•  YangZhou Dawn
•  Yi Xing Electric Automobile

Market Driver

•  Government initiatives
•  For a full, detailed list, view our report

Market Challenge

•  Need for high initial investment
•  For a full, detailed list, view our report

Market trend

•  Growing demand for Li-Ion batteries
•  For a full, detailed list, view our report