Finland Electric Bus Market 2024-2030
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Finland Electric Bus Market 2024-2030

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

FINLAND ELECTRIC BUS MARKET

 

INTRODUCTION

The productivity and service life of the batteries have a direct impact on the electric bus's performance and cost. Electric bus manufacturers are hampered by the high cost of developing electric buses and coaches, as well as related components such as batteries and monitoring systems (battery management systems, CAN bus modules).

 

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Infrastructure development costs for EVs are also very significant. Globally, around USD 2.8 trillion is required to create infrastructure. An electric vehicle's battery requires regular and rapid charging, which can only be done at EV charging stations using special equipment such as electric chargers.

 

FINLAND ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
130 full electric bus order for BYD in FinlandBYD has received a substantial order for 30 electric buses from Nobina in Finland.FinlandThis would enhance better Technological Controls
2Multiple Volvo electric bus orders secured in FinlandThree locations in Finland will receive 82 Volvo 7900 Electric buses.FinlandThis would enhance better Technological Controls
3Finland’s Largest E-Bus OrderThe purchase, which comprises 64 units for Nobina services in Helsinki and 42 units for Nobina's operation in Turku, is the largest ever for eBuses in Finland.FinlandThis would enhance better Technological Controls
4Order for 25 VDL electric buses from FinlandPohjolan Liikenne, a Finnish bus business, has bought 25 electric vehicles from VDL Bus & Coach.FinlandThis would enhance better Technological Controls

 

FINLAND ELECTRIC BUS MARKET COMPETITIVE LANDSCAPE

Electric bus producers would have to adapt production volumes across countries depending on the COVID-19 scenario. During the COVID-19 outbreak, component manufacturing was also halted due to a lack of cash among minor Tier II and Tier III manufacturers.

 

As a result, manufacturing halting during the epidemic and decreasing demand following the pandemic might have a massive impact on electric bus companies.

 

Furthermore, the second wave is likely to have an impact on vehicle sales, which would, in turn, have an impact on the growth of the electric bus industry.

 

MAN has been one of the most advanced solution provider in the used car requirements. The operational versatility of the MAN Lion's City E. The choice between two different battery usage strategies is the deciding factor here: The "Reliable Range" method is provided for a continuously reliable range of 270 km1.

 

With the "Maximum Range" battery usage plan, the MAN Lion's City E can travel up to 350 kilometres. An attractive cabin, an ergonomic driver's workspace, and a stable and peaceful ride assist the driver and passengers.

 

VDL has been one of the most advanced solution provider in the used car requirements. The Citea Low Entry Electric is a city and regional transportation vehicle.

 

It prioritises passenger experience by offering a spacious cabin with luxury seats and a large seating capacity. More zero-emission deployment options, such as suburban and regional public transportation, are conceivable with the Citea Low Entry Electric.The Citea LLE Electric comes with a battery pack that has a big action radius.

 

FINLAND ELECTRIC BUS MARKET COMPANIES 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