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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The productivity and service life of the batteries have a direct impact on the electric bus's performance and cost. Lead-acid, nickel cadmium, nickel metal hydride, lithium-ion, and super capacitors are now used to power electric buses.
Lead-acid, nickel cadmium, and nickel metal hydride batteries are rapidly being phased out of electric buses in favour of lithium-ion batteries, which have a longer battery life.
Lithium-ion batteries have insufficient capacity to power commercial vehicles, such as electric buses, because large loads necessitate more power to provide maximum torque.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | BYD Plans to Increase Sales of Electric Buses in Japan | Next year, the business will launch two new models in Japan, including one with a 10% longer cruising range on a single charge than its predecessor. | Japan | This would enhance better Technological Controls |
| 2 | BYD J6 Runs On Japanâs First All-Electric Public Transit Loop | On Japan's first all-electric public transit loop, they had put four BYD J6 electric buses into service. | Japan | This would enhance better Technological Controls |
| 3 | Toyota, Isuzu, Hino Expand Electric Bus Development | In 2024, Isuzu and Hino will begin manufacturing battery electric flat-floor route buses. | Japan | This would enhance better Technological Controls |
| 4 | Japanâs Toyota to promote electrification of buses | Toyota wants to increase manufacture of battery-powered electric buses in order to meet Japan's 2050 decarbonisation target. | Japan | This would enhance better Technological Controls |
The need to minimise urban pollution and reliance on fossil fuels, as well as expanding national government initiatives toward sustainable public transportation, are driving the electric bus market in Asia Pacific.
The growing need to reduce pollution produced by diesel and gasoline cars is driving demand for electric vehicles such as buses for public transportation in Japan, which is propelling the market for electric buses in the country. Japan is a member of the EV30@30 Campaign, which aims to hasten the adoption of electric vehicles.
BYD is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The BYD J6 electric bus has a seating capacity of 29 people and can be charged in three hours for a range of up to 90 miles.
In the event of a power outage, these electric buses may also serve as backup generators. On Kyoto's famous sightseeing bus line, Keihan Bus and Kansai Electric Power plan to execute a five-year trial operation with the first batch of four BYD J6 buses.
The company is in charge of optimising electric bus operating as well as energy charging and discharging management.
Hino has been one of the most advanced solution provider in the used car requirements. The HINO Poncho light-duty non-step diesel bus has been widely used for community transportation in Japan.
Given their near closeness to people's daily lives and today's growing awareness for global environmental challenges, there is a growing demand for zero-emission automobiles.
Hino will launch the HINO Poncho Z EV to the market, which will retain the features of the HINO Poncho, such as universal design that makes it user-friendly for everyone and packaging designed for a community bus.
| 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 |
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