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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
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.
Norway's government set a goal of obtaining a 100 percent EV share of urban bus sales by 2024, 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.
| 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 |
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 Cite Low Entry Electric is a city and regional transportation vehicle. It prioritizes 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 Cite Low Entry Electric. The Cite 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, Ceyhan 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 optimizing electric bus operating as well as energy charging and discharging management.
| 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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