Canada Electric Bus Market 2022-2027

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    CANADA ELECTRIC BUS MARKET

     

     

    INTRODUCTION

     

    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.

     

    Infographic : Canada Electric Bus Market, Canada Electric Bus Market Size, Canada Electric Bus Market Trends, Canada Electric Bus Market Forecast, Canada Electric Bus Market Risks, Canada Electric Bus Market Report, Canada Electric Bus Market Share

     

    CANADA ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Letenda unveils the Electrip electric city bus built for the harsh winter conditions in Canada Letenda’s all-electric city bus is the company’s showpiece vehicle after six years of research and development. Canada This would enhance better Technological Controls
    2 BYD Electric Buses Rollout Across Canada’s Largest City The Toronto Transit Commission will bring ten zero-emission 40-foot K9M battery-electric buses into operation, according to BYD Canada. Canada This would enhance better Technological Controls
    3 Ottawa plans to become 1st Canadian city with a fully electric bus fleet Through 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. Canada This would enhance better Technological Controls
    4 Canada, O Canada, Thy Electric Bus Investments Over the next five years, the country will invest $2.75 billion in electrifying public transit. Canada This would enhance better Technological Controls

     

    CANADA ELECTRIC BUS MARKET COMPETITIVE 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.

     

     

    COMPANIES PROFILED

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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