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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
In this environment, EBs with the potential for widespread adoption of bus-to-grid integration (BGI) technology can provide various advantages.
BGI could help with load balancing, backup power, voltage and frequency regulation, reducing peak loads, reducing grid load forecasting uncertainty, and increasing renewable energy adoption.
Alternatively, in the last decade, EB charging technology and battery capacity have improved from slow charging and poor capability to ultrafast charging and large capacity and EBs have emerged as a critical component in replacing traditional diesel or gasoline-powered bus operations with EBs.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | FPH to launch electric bus service | First Philippine Holdings Corp. (FPH), managed by Lopez, is starting electric bus service projects in a number of its facilities. | Philippines | This would enhance better Technological Controls |
| 2 | Ev Dynamics delivers over 70 electric minibuses to the Phils | The delivery is part of a long-term supply deal between the company and Global Electric Transport (GET) Worldwide, which was signed in March of this year. | Philippines | This would enhance better Technological Controls |
| 3 | Zero-Emission Electric Busses to Be Deployed in the Philippines | The Philippines' first electric vehicle firm delivered electric buses in the city of Manila in March of last year. | Philippines | This would enhance better Technological Controls |
| 4 | ADB Approves $51 Million Battery-Electric Bus Project in the Kyrgyz Republic | The Asian Development Bank (ADB) has granted a $50.65 million loan to assist the Kyrgyz Republic in the purchase of battery-electric buses and the improvement of transportation infrastructure. | Philippines | This would enhance better Technological Controls |
The battery's discharging and recharging properties can effectively extend the battery life for the EBs' internal activities. Global electric bus usage is expected to triple by 2025 as a result of effective policy execution and falling battery costs.
In a 520-hectare special economic zone in Batangas, the transportation corporation group has also finalised a separate agreement with an electric transformer manufacturing company, another of the Philippines' EV transportation subsidiaries, for the use of the first electric bus by the public transit company's workforce.
FPH is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. As part of its war against climate change, it is initiating electric bus service programmes in several facilities within the group, starting in Batangas in the fourth quarter.
On a single charge, the 30-passenger COMET buses can travel up to 100 kilometres. A Wi-Fi connection, a GPS (global positioning system) device, and other amenities, such as a contact-tracking app, are included on every bus.
BYD Inc. has been one of the most advanced solution provider in the used car requirements. The State-of-the-art batteries, controllers, and motors are among 6F's core competencies.
BYD develops, tests, and manufactures these fundamental technologies as a complete system. The BYD 6F is able to reach the highest standard of achievement, endurance, and dependability as a result of this.
The integrated software for superior performance in medium-duty applications optimises power and torque. The BYD 6F, when combined with BYD's superior battery chemistry, has more than enough energy to work for the full day while emitting zero emissions.
| 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, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 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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