Canada Electric Bus Market 2024-2030
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Canada Electric Bus Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

CANADA ELECTRIC BUS MARKET

 

 

INTRODUCTION OFCANADA ELECTRIC BUS MARKET

 

In order to allow shared infrastructure planning and development, more regulation is also required. Initiation phase of a state-of-the-art electric bus pilot project in Canada.

 

The buses and overhead chargers will cost around $7.6 million, with $3.6 million coming from Natural Resources Canada's Green Infrastructure Program to help the city construct, manage, and maintain the buses and chargers. Such incentives for the deployment of electric buses in the country tend to propel the electric bus market in Canada to new heights.

 

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CANADA ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Letenda unveils the Electrip electric city bus built for the harsh winter conditions in CanadaLetenda's all-electric city bus is the company's showpiece vehicle after six years of research and development.CanadaThis would enhance better Technological Controls
2BYD Electric Buses Rollout Across Canada’s Largest CityThe Toronto Transit Commission will bring ten zero-emission 40-foot K9M battery-electric buses into operation, according to BYD Canada.CanadaThis would enhance better Technological Controls
3Ottawa plans to become 1st Canadian city with a fully electric bus fleetThrough a proposed agreement with the Canada Infrastructure Bank (CIB) and the federal government, Ottawa hopes to replace its entire fleet of diesel buses with entirely electric vehicles by 2036.CanadaThis would enhance better Technological Controls
4Canada, O Canada, Thy Electric Bus InvestmentsOver the next five years, the country will invest $2.75 billion in electrifying public transit.CanadaThis would enhance better Technological Controls

 

CANADA ELECTRIC BUS MARKETCOMPETITIVE LANDSCAPE

It is critical to learn from early battery-electric bus (E-bus) trials in order to facilitate adoption and establish successful public policy. Furthermore, the present TCO for urban E-buses is expensive, and because operation is generally tender regulated with investment expenses covered, public finances must fund increased costs.

 

Despite the hurdles, operators are enthusiastic about expanding the usage of E-buses, indicating that businesses are prepared to support innovation when the financial risk is modest. 

 

Lion Electric has been one of the most advanced solution provider in the used car requirements. The model eLionC is the only purpose-built all-electric Type C school bus. The body and chassis were created with the goal of providing the best possible performance.

 

The eLion8, on the other hand, is an all-electric midi/minibus that satisfies paratransit and public transportation needs. The eLion8 is large and includes unique features that give better security and accessibility to end-users. It was created and constructed exclusively for the paratransit market.

 

Letendo is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The 'Electrip' is around nine metres long and will accommodate up to 45 passengers, including 24 seats and six wheelchairs, that according Letenda.

 

Cummins will provide the e-drive and batteries, and three lithium batteries with a combined capacity of 222 kWh will be installed in the buses.

 

According to the Letenda website, the claimed battery capacity ranges from 222 to 296 kWh, indicating that a fourth battery pack is available as an option. The battery cells are made of NMC chemistry and have a charging capacity of up to 150 kW.

 

 

CANADA ELECTRIC BUS MARKETCOMPANIES PROFILED

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix