Norway Electric Bus Market 2022-2027

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    NORWAY ELECTRIC BUS MARKET

     

    INTRODUCTION

    The transportation industry accounts for over a quarter of all European greenhouse gas (GHG) emissions as well as being a major source of urban air pollution.

     

    Infographic ; Norway Electric Bus Market, Norway Electric Bus Market Size, Norway Electric Bus Market Trends, Norway Electric Bus Market Forecast, Norway Electric Bus Market Risks, Norway Electric Bus Market Report, Norway Electric Bus Market Share

     

    Norway’s government set a goal of obtaining a 100 percent EV share of urban bus sales by 2025, as well as a 75 percent EV share of long-distance bus purchases and 50 percent of truck purchases by 2030.

     

    The government of the country provides many benefits to electric bus drivers in order to achieve this goal, including no road tax, reduced road and ferry tolls, and free battery charging at publicly sponsored charging stations.

     

    NORWAY ELECTRIC BUS MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 VDL announces a major contract in Oslo: 102 electric buses in delivery VDL Bus & Coach has received a 102-unit ‘electric’ order from Norway, with the capital city of Oslo benefiting from the start of service. Norway This would enhance better Technological Controls
    2 Norway puts first two BYD articulated electric buses in Europe in service BYD’s electric articulated buses, Norway’s first, went into service on route 31E in Oslo. Norway This would enhance better Technological Controls
    3 By 2023, almost all buses in Oslo will be electric The City Council will set aside an additional NOK 50 million yearly in the Oslo budget to implement an all-electric bus fleet in the city. Norway This would enhance better Technological Controls
    4 The city with 16,000 electric buses and 22,000 electric taxis It’s a strategy we support at Fully Charged since there are few better methods to showcase what’s possible than to show that it’s currently happening elsewhere. Norway This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

    It is critical to learn from early battery-electric bus (E-bus) trials in order to facilitate adoption and establish successful public policy. Furthermore, the present TCO for urban E-buses is expensive, and because operation is generally tender regulated with investment expenses covered, public finances must fund increased costs.

     

    Despite the hurdles, operators are enthusiastic about expanding the usage of E-buses, indicating that businesses are prepared to support innovation when the financial risk is modest. In order to allow shared infrastructure planning and development, more regulation is also required.

     

    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.

     

    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.

     

    COMPANIES PROFILED

    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, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    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, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

     

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