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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A bus that is powered by electric motors rather than an internal combustion engine is referred to as an electric bus. Electric buses have internal energy storage systems and can receive continuous power from an outside source.
Despite the fact that examples of other storage modes do exist, such as the gyro bus, which uses flywheel energy storage, the majority of buses that store electricity are battery electric buses (which this article primarily deals with).
In these vehicles, the electric motor obtains energy from an onboard battery pack. Electricity is supplied through contact with external power sources when it is not stored on board. For instance, using ground-level power supplies, overhead cables like those used in trolleybuses, or inductive charging.
The Ethiopia Electric bus market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Transport Bureau of Ethiopia announced that it has chosen four corridors near the recently opened Segoe Public Bus Depot for the city's first electric bus transportation service pilot run as part of the administration's efforts to improve public transportation in the capital, where commuters must wait an average of 10 minutes for service.
To assist in financing the fleet purchases, it is currently seeking local and international financiers. Seger Mass Transport Service and Abbess City Bus Service Enterprises will collaborate on the trial project.
The buses will be added to the more than cars and trucks that now transport citizens of the city on a daily basis. The agency states that the plan is to utilize the electric buses all day and charge them at night.
The Adieu Gebeya-Kera, Winglet-Ayer Tena, Legehar-Dil Ber, and Autobus Tera-Asco routes will all see the deployment of the electric buses during the pilot run.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
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, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |