U.S. Electric Bus Market Drivers, Opportunities, and Trends in Coming Years

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With the surge in air pollution levels, the demand for electric buses is growing sharply in the U.S. According to various reports, the U.S. is the second-largest emitter of carbon in the world after China. As per the Environmental Protection Agency (EPA), the transportation sector accounted for 28% of the total emissions emitted in the country in 2018. Because of this reason, the sales of electric vehicles including electric buses are climbing in the country. 


Apart from the aforementioned factor, the provision of government funding for augmenting the procurement of zero- and low-emission vehicles is also positively impacting the demand for electric buses in the country. For example, the Federal Transportation Administration (FTA) provided a funding of $85 million to as many as 50 state and local governments for facilitating the adoption of electric buses in their public transportation fleets. This funding was a part of the Low or No Emission Grant program.

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This program and the State of Good Repair Program and Congestion Mitigation and Air Quality Improvement Program of the Department of Transportation (DoT) are some of the federal-level initiatives recently launched in the country for propelling the deployment of electric vehicles. Besides these initiatives, the rapidly declining prices of the batteries used in electric vehicles are also fueling the sales of electric buses in the U.S., thereby driving the expansion of the U.S. electric bus market. 

Thus, with the rising subsidies and investments from the federal, state, and local governments of the U.S. to boost the adoption of EVs, the demand for electric buses in US will amplify significantly in the foreseeable future.

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Market Segmentation by Vehicle Type

Battery Electric Bus (BEB)

Plug-In Hybrid Electric Bus (PHEB)

Hybrid Electric Bus (HEB)

Market Segmentation by Length

>40 Feet

<40 Feet

Market Segmentation by Battery

Lithium-Ion (Li-Ion)

Nickel-Metal Hydride (NiMH)

Others

Market Segmentation by Charging Type

Plug-In

Pantograph

Inductive 

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