GLOBAL ELECTRIC BUS BATTERY MARKET
An electric bus is a form of electric vehicle (EV), which means it is powered by electricity rather than diesel or gasoline. In contrast to a hybrid vehicle, which mixes battery power with an internal combustion engine, an electric bus is powered entirely by electricity. As a result, to emphasise the point, electric cars are frequently referred to as all-electric automobiles.
Transit buses are ideally positioned to be the next heavy-duty vehicle market category to electrify considerably. However, most fleet managers would only acquire battery electric buses (BEBs) if they are more cost-effective during their lifetime than regular diesel buses.
Electric transit buses are being manufactured and operated in demonstration phases or pilot programs around the world, including China, Europe and North America.
Furthermore, there is potential for EVs to be the most energy efficient and sustainable choice for vehicle propulsion when it is coupled with renewable electricity use. There are important gaps in current electric bus technologies for satisfying city transit bus needs which have not been well identified.
This is apparently due to a lack of substantial data or studies focused on a comprehensive evaluation of electric buses in urban operations.
Electric buses are a newer alternative to regular buses, but they are quickly becoming a popular choice for cities, commercial transportation firms, and school districts interested in EV technology. Electric buses are more expensive at first than conventional types, but they can save money over time.
To know more about Global EV Battery Management System Market, read our report
GLOBAL ELECTRIC BUS BATTERY MARKET DEVELOPMENTS AND INNOVATIONS
|Sl No||Overview of Development||Development Detailing||Region of Development||Possible Future Outcomes|
|1||BMZ’s new battery technology Magnus+ for commercial vehicles.||BMZ Poland designed a new generation battery of Rechargeable Energy Storage System(RESS) named Magnus+ for commercial vehicle utilization, as a scalable solution it can reach nearly 700 kWh. It gives almost 30% more energy density, 25% lighter and 20% more compact than their present product.||Poland||These new generation Rechargeable Energy Storage System |
increase the efficiency of the commercial vehicles and also leverage the new solutions on the global market.
|2||Proton Motor Hydrogen Fuel Cells to Power Up battery Electric Bus Fast Charging||Proton Motor’s hydrogen fuel cells will be used to help develop and produce fast charging stations for buses without reliance on being connected to the electricity grid. In this way, with H2 being used for battery charging purposes, the H2 would not be seen as the mobility fuel unto itself but would instead be a complement to battery electric mobility.||USA||This would enhance better EV Technologies and production|
|3||JBM Auto Limited to dispatch brand new 90 Mini Electric buses to BMTC, Mumbai||BMTC has made its approach towards electrification in a major public adoption of 31 Minibus modules on electrification requirements which are based upon 31-seater bus design.||India||This would help in better presence and social responsibility on increased levels of requirements|
|4||NFA and OCTA negotiated purchases of hydrogen-based transportation vehicles.||New Flyer of America has received a firm contract from the Orange County Transportation Authority (OCTA) for 10 zero-emission battery-electric Xcelsior CHARGE 40-foot transit buses.||USA||This would improve its presence and production capability of new generation zero emission buses|
GLOBAL ELECTRIC BUS BATTERY MARKET DYNAMICS
|1||November-2021||Asia-Pacific is the largest electric bus market, China holds the largest electric bus manufacturers in the world due to government approval of support in policies and also financial incentives to reduce emissions.|
|2||November-2021||The price of the lithium ion batteries are reduced compared with the last five years and it will permit the manufacturers to reduce the cost of electric buses and will result in an increase in the sales.|
|3||November-2021||Greenmot made research and design work on intercity buses and initiated the Green e-Bus project to convert diesel engines to electric powered hydrogen fuel cells in the Zero Emission Bus Conference.|
For hybrid and electric city buses, the energy storage is one of the most important components in terms of overall energy efficiency, bus lifecycle and costs. Lithium-ion batteries have shown to be an excellent alternative for hybrid and electric passenger vehicles in recent years. They have enough power and energy capacity, are generally safe, and have a long enough calendar and cycle life, at least for hybrid cars.
The lifetime of a battery can be drastically shortened under high temperatures, high currents, and high energy throughput. Battery aging and life cycle has been under growing interest. Lithium based batteries are still quite costly for vehicular applications, but numerous presented estimations predict that, with high volume production, the costs can be significantly reduced.
Because many transit buses run continuously throughout the day along the intended route, the ability to keep a regular timetable on the route is critical. If the energy remaining in the battery at the conclusion of a circuit is less than what is required to finish the following circuit of the route (with an adequate reserve) on an electric bus, then it will be necessary to execute a charge.
Moreover, the life-cycle cost-benefits depend on operational routes and schedules; in contrast to automotive bus based EV powertrain technologies and cost-benefit analysis, examples of real-world operations of electric buses are still rather limited. This is mainly due to a very limited number of electric buses available for fleet operations.
GLOBAL ELECTRIC BUS BATTERY MARKET SEGMENTATION
The Global Electric Bus Battery Market can be segmented into following categories for further analysis.
ELECTRIC BUS BATTERY MARKET By Battery Type
- Lithium Nickel Manganese Cobalt (LI-NMC)
- Lithium Iron Phosphate (LFP)
- Lithium Cobalt Oxide (LCO)
- Lithium Titanate Oxide (LTO)
- Lithium Manganese Oxide (LMO)
- Lithium Nickel Cobalt Aluminium Oxide (NCA)
ELECTRIC BUS BATTERY MARKET By Battery Capacity
- Under 150kWh
- More than 250kWh
ELECTRIC BUS BATTERY MARKET By Regional Classification
- Asia Pacific Region – APAC
- Middle East and Gulf Region
- Africa Region
- North America Region
- Europe Region
- Latin America and Caribbean Region
RECENT TECHNOLOGICAL TRENDS IN GLOBAL ELECTRIC BUS BATTERY MARKET
|1||November-2021||Van Hool||Belgian based company Van Hool launched its first double deck coach TDX25E is fully powered by an electric drive system with a battery capacity range of 500km and seating capacity of 69 passengers.|
|2||November-2021||New Flyer Industries Inc.||New Flyer Industries Inc.(NFI), a leading bus and coach manufacturer, partnered with Li-Cycle Corp., which is the largest lithium-ion battery recycler in North America to recycle heavy duty electric vehicle batteries for transit buses.|
|3||March-2021||Drive Electro||Drive Electro is a russian company opened its new manufacturing plant to produce batteries for electric buses, the plant had a manufacturing capacity to produce more than 700 batteries per year. Drive Electro also said it will start to produce 1000 electric trucks per year.|
The Integrative efforts have been important in the development of the electric bus batteries to have better range and efficiency made into the global market. The battery has been important in the technological development line of the electric vehicles to have better Bus integrity and powertrain capacitance.
The most recent batteries are integrated with the active thermal management software to ensure optimal charging and operation. With the energy reserve dynamically adjusted over time for maximum performance, the Sensors throughout the pack deliver continuous monitoring and diagnostics for faster service.
A modular design enables customizable battery pack dimensions that can easily be configured to megawatt-hour scale systems that fit within a variety of heavy-duty vehicle platforms.
The Battery packs technology is used to construct scalable energy storage systems. To provide a wide range of capacity and packaging choices for different types of electric cars, up to four packs may be built in series and 16 packs can be linked in parallel.
The battery is equipped with cutting-edge safety measures, such as cell-level passive propagation resistance (PPR). With PPR, if a single battery cell fails due to a heat incident, the problem does not propagate to surrounding battery cells.
ELECTRIC BUS BATTERY MARKET COMPETITIVE LANDSCAPE
|1||April-2021||BMZ||BMZ Group has claimed recently that NMC batteries are the more efficient lithium-ion battery technology than LTO and LFP batteries in energy density, weight and volume in both car and commercial vehicle utilization.|
|2||November-2021||Proterra Inc||Proterra Inc is contracted to supply battery technology 10,000 Lightning eMotors to electric commercial vehicles between 2022 and 2025. Battery systems storage capacity totaling more than 900 megawatt hours.|
The Continuous revolution of the Electric Bus Battery market has been the keen improvisation foundation towards better technological integrations in the Electric Buses to have better levels of efficiency. The EV Bus Batteries are being made by most of the Chinese Manufacturing competitors with strong technological development in progress.
CTS Batteries has been producing and manufacturing high end-based battery systems for buses under the electrification requirements in the market. It has recently introduced the High Voltage Battery system of 144 Volts 200 Ampere Hours capacitance batteries for Electric Buses which has a high energy density of battery cell up to 180Wh/Kg and high capacity.
Toshiba in its most recent move has made into the EV Commercial Segment within the Electric Buses. It has been involved with the technological implementation of the Electric Buses Battery Manufacturing at various points of time. Electric buses using SCiB™ can be charged in a short period of time.
SCiB™-based electric buses can be designed with much smaller battery capacity than the ones that are charged overnight. Therefore, SCiB™ makes it possible to provide wider passenger space and reduce the vehicle weight and cost. SCiB™ also saves the need for charging multiple buses at once overnight, which leads to reducing the number of battery chargers required.
ELECTRIC BUS BATTERY MARKET COMPANIES PROFILED
- CTS Battery – China
- Dalian Cbak Power Battery Co Ltd
- All Good Energy Co
- China National Power Battery Corporation
- Wanxiang America Corporation
- Sound Group Co Ltd
- Thunder Sky Winston Battery limited
- Tianjin Lishen Battery Join Stock Co Ltd
- Shoto Group Company Ltd
- Muller Energy
- Shenzen Optimumnano Energy Co Ltd
- Dongguan Power Long Battery Technology Co Ltd
- Simplo Technology Co Ltd
- Powerzinc Electric Inc.
THIS ELECTRIC BUS BATTERY MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
- Electric Bus Battery Market size and Forecast, by region, by application
- Average B-2-B price for Electric Bus Battery Market, by region, per user
- Technology trends and related opportunity for new Electric Bus Battery Market tech suppliers
- Electric Bus Battery Market share of leading vendors, by region,
- Coronavirus impact on Electric Bus Battery Market earnings