Electric Bus Market Insights: Challenges and Opportunities The global electric bus market was valued at USD 49.81 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2030. This growth is being driven by the increasing adoption of electric buses, largely due to rising environmental concerns and strong government support. Electric buses offer a number of advantages over traditional gasoline and...
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