How big is the Europe Electric Bus Market?

The Europe Electric Bus Market size is expected to reach USD 1.76 billion in 2024 and grow at a CAGR of 14.56% to reach USD 3.48 billion by 2029. Read More

What is the current Europe Electric Bus Market size?

In 2024, the Europe Electric Bus Market size is expected to reach USD 1.76 billion. Read More

Who are the key players in Europe Electric Bus Market?

Solaris Bus & Coach, Volvo Buses, TRATON GROUP, IVECO S.p.A and Mercedes-Benz Group AG are the major companies operating in the Europe Electric Bus Market. Read More

What years does this Europe Electric Bus Market cover, and what was the market size in 2023?

In 2023, the Europe Electric Bus Market size was estimated at USD 1.54 billion. The report covers the Europe Electric Bus Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Electric Bus Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What trends are shaping the Europe Electric Bus Market?

Key trends that are shaping the Europe Electric Buses Market include a) Advancements in battery technology b) Wireless charging solutions c) Integration of smart technologies for enhanced bus operations Read More

Europe Electric Bus Market Share

Statistics for the 2023 & 2024 Europe Electric Bus market share, created by Mordor Intelligence™ Industry Reports. Europe Electric Bus share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe Electric Bus Industry

The European electric bus market is growing and led by a few major players such as Solaris Bus & Coach, IVECO Bus, Traton Group, AB Volvo, Mercedes-Benz Group AG, etc. There are now some 800 electric-powered Solaris circulating in 72 cities, including Berlin (90), Milan (250), and Warsaw (130). 47% of the buses built by Solaris are powered by an alternative propulsion system.

In July 2021, MZK in Konin stated that it would be the first public transport operator in Poland to add a hydrogen bus to its fleet. Secured by Solaris Bus & Coach, the contract stipulates the four-year lease of a Urbino 12 hydrogen bus propelled with energy derived from hydrogen. The vehicle will be delivered to Konin in 2022.

VDL Bus&Coach started building a new, climate-neutral factory in Roeselare, Belgium, where the first bus commenced manufacturing at the beginning of 2022. The industrial buildings are designed in such a way that only electrically powered buses can be built in a climate-neutral and efficient manner.