Electric Bus Market touched USD 41.6 billion in 2022 and expected to reach USD 672.4 billion in 2030, exhibiting at a CAGR of 41.6% | Size & Analysis - us983 10

The main drivers that are propelling the growth of the global electric bus market includes rising demand for high performance and fuel-efficient buses, rapid urbanization, and reduction in battery prices. Additionally, the adoption of electric buses is being driven by government attempts to meet zero emissions objectives and rising environmental concerns.

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