LATIN AMERICA ELECTRIC BUS MARKET

INTRODUCTION

In various Latin American commercial vehicle industries, EV adoption is already begun. Rapid urbanization, rising environmental concerns, traffic congestion, evolving mobility patterns, and government initiatives to promote public transportation are expected to drive demand for electric buses in Latin America throughout the forthcoming years.

Several Latin American governments, including Chile, Colombia, Costa Rica, Ecuador, Mexico, and Panama, have established non-binding targets for ZEV sales or stock, as well as for internal combustion engine sales.

LATIN AMERICA ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

LATIN AMERICA ELECTRIC BUS MARKETCOMPETITIVE LANDSCAPE

Latin America's trick is in effective public collaborations (PPPs) or negotiations models, wherein the fleet suppliers funding, solicit, own, and maintain the equipment, as well as provide e-bus fleets to operators or municipal governments under steady long-term contracts, effectively "unbundling" ownership and operation.

This model differs from those used in most major cities across the world, where either a governmental authority or a single commercial operator, who procures, operates, and maintains the fleet. 

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, Ceyhan Bus and Kansai Electric Power plan to execute a five-year trial operation with the first batch of four BYD J6 buses. 

Lion Electric has been one of the most advanced solution provider in the used car requirements. The model e Lion C 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.

LATIN AMERICA ELECTRIC BUS MARKET COMPANIES PROFILED

• Hyundai Inc.
• BYD Auto Co. Ltd
• Proterra Inc.
• AB Volvo
• Olectra Greentech Limited
• Tata Motors
• Toyota
• Isuzu
• Hino Inc.
• Nissan
• Daimler
• Hon Hai
• CAF
• VDL
• RAC EV
• Master Transportation
• Foxctron