Top Companies to Dominate the Electric Buses Sales Market in the Coming Years
The continuous development of electric transit buses has increased dramatically over the last decade. And we should be seeing soon a new line of electric buses available for public and private use.
As a result, national government and transport operators will need to replace the existing standard transit buses with battery–powered models and expect this direction to accelerate in the future.
In this blog, we will discuss more in which top companies will dominate the market sales of electric buses in the coming years. These companies will surely be on top especially when transportation market will go 100% electric.
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Here are the top companies that will revolutionize the transportation industry.
The Proterra Inc. is an American manufacturing company of electric transit buses and charging systems. Proterra Inc. has two factories at the moment – Greenville plant is based in Burlingame, California, and another one in Silicon Valley. The Greenville plant has already around 200 employees presently, and is producing up to four buses a week. The plant needs to hire 50 additional people to meet the demand of their fast–growing company. Their factories combined total output can produce more than 500 new buses every year.
The transit authorities of the biggest eastern cities such as New York, Washington, D.C. and Philadelphia are now waiting for their Proterra electric buses to be delivered this year. The airports in San Jose, California and Raleigh, Sacramento, will add Proterra electric buses to their fleets. The Park City in Utah and several national parks like Yosemite added Proterra shuttle buses that provided services to their travellers. The corporate company Belgian busmaker Van Hool also announced a partnership with Proterra, to provide drive trains and batteries for its new line of electric coaches.
Ashok Leyland is owned by Hinduja Group, an Indian automobile production company based in Chennai, India. It is one of the largest vehicle manufacturers in India and aims to be a complete provider of electric–powered automobiles. Ashok Leyland’s bold plan is pushing towards systematically electrifying all of its existing platforms. They have presently 142 ranges of buses from 10 different platforms, 47 M&HCV truck models with 7 platforms and range of LCV’s with 2 platforms each for passengers and goods carrier segments.
Ashok Leyland has a sister company in the UK and is also one of the biggest market brands – Optare. Their electric engines are based on Optare’s architecture but modified to tailor Indian needs and conditions. At the moment, Ashok Leyland is still trying to bring down the manufacturing cost so that every unit can be sold at an inexpensive price. They also made a bold move by convincing foreign suppliers to invest in building a plant in India. If all suppliers are established in India, it’s a guarantee that the EV’s unit price will go down as well.
BYD Co. Ltd.
Another company that we should be expecting to dominate the sales market for electric buses is BYD Co. Ltd. It is a Chinese automobile manufacturing company with having a corporate headquarters in Shenzhen. It has grown to become one of the largest global electric vehicle manufacturers. And today, BYD Co. Ltd has a total of 30 industrial units placed around the world. Last year, they sold a total of 89,546 electric buses in China alone, even though there had been lots of policy changes and incentives cut back from the Chinese government.
China’s national and city government had recently issued new energy vehicle policies that are for cleaner air. Public buses are the first to receive this changes because they have fixed routes and servicing routinely, thus making them ideal for electrification. With China’s aggressive clean air policy and bus deployment targets, other cities around the world are setting goals in switching to zero–emission buses to reduce air pollution. BYD Co. Ltd is well positioned to benefit from all this government activity as they are now operating in around 200 cities.
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