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In-depth Analysis of Electric Bus Charging Infrastructure Market Industry Landscape
The competitive landscape among fleet owners has intensified, prompting the adoption of strategies aimed at enhancing profit margins. A pivotal solution to reduce fuel expenses and augment profit margins lies in the adoption of electric vehicles, offering minimal maintenance requirements and fewer moving parts. Consequently, the electric vehicles contribute to a reduction in the total cost of ownership, making them a financially viable option for fleet owners. In this dynamic environment, fleet owners are actively seeking new developments, technologies, and trends that can enhance the business case for hybrid-electric buses, thereby promoting increased fleet adoption.
Recognizing the potential of electric buses in meeting the evolving needs of fleets, manufacturers have begun investing in their development. A notable example is VDL Bus & Coach, which, in 2018, supplied 100 electric buses to Connexxion for the Amstelland Meerlanden concession in Amsterdam, Europe, creating the world's largest electric bus fleet at that time. Building on this success, VDL Bus & Coach is set to deliver 102 Citeas to Oslo South in 2021, establishing Europe's largest electric bus fleet. The ambitious goal of electrifying approximately 10% of the Dutch fleet by 2020 further underscores the commitment to sustainable transportation solutions.
In another instance, over 160 electric buses were deployed on the streets of Groningen-Drenthe, a new concession in Europe, in 2019. The public transportation company Qbuzz strategically collaborated with three manufacturers to fulfill this sizable order: Ebusco supplied 60 e-buses, VDL contributed 43 zero-emission vehicles, and Heuliez Bus added 59 more to the fleet. This initiative added 162 electric buses to the existing 10 VDL e-buses already in operation.
The escalating demand for electric buses, especially within fleets, presents compelling opportunities for participants in the global electric bus charging infrastructure market. As fleet owners increasingly embrace electric buses, the need for robust charging infrastructure becomes paramount, providing a lucrative avenue for growth and innovation in the electric transportation ecosystem.
Covered Aspects:| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Charger Type, Charging Method, and Region |
Electric Bus Charging Infrastructure Market Highlights:
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