Umair Gaines
Electric buses are becoming an increasingly popular mode of transport, with governments worldwide adopting them to make urban transport systems more sustainable and fuel-efficient. As a result, numerous companies have entered the electric bus market, with the segment expected to represent 86% of the global fleet by 2050. Some of the notable companies manufacturing electric buses include BYD Company Ltd., Yutong Co., VDL Groep, AB Volvo, CAF (Solaris Bus & Coach), Zhongtong Bus Holding Co., Ltd., and Proterra. Other companies such as Tata Motors, Ashok Leyland, and Thomas Built Buses have also made significant strides in the electric bus sector.
| Characteristics | Values |
|---|---|
| Number of companies making electric buses | Over 25 |
| Top companies | BYD Company Ltd., Yutong Co. Ltd., VDL Groep, AB Volvo, CAF (Solaris Bus & Coach), Zhongtong Bus Holding Co. Ltd., Xiamen King Long International Trading Co. Ltd., Changsha Sunda New Energy Technology Co. Ltd., Proterra, Thomas Built Buses, Zhongtong, Tata Motors, TEMSA, Solaris Bus & Coach, Volvo Group, Ashok Leyland Limited, Switch Mobility, JBM Auto, Erisha E Mobility, GreenPower Motor Company, New Flyer, Nova Bus, Astonbus, Ebus, Hyundai Motor Company, Woojin Industrial Systems, THACO, VinBus, Avass, Custom Denning, Environmental Performance Vehicles, BONLUCK, Chariot Motors, Vėjo projektai, Salvador Caetano, Mitsubishi Heavy Industries, Mobil Anak Bangsa, Gillig, Complete Coach Works, Marcopolo Attivi, ABB TOSA Flash Mobility, Alexander Dennis, Kleanbus Limited, Optare, Mellor Coachcraft, Belkommunmash, BredaMenarinibus, Zeus, Jiangsu Alfa Bus company, Wuzhoulong, Thunder Sky Energy Group, Hyundai Motor Company |
| Number of companies based in China | 6 |
| Number of companies based in India | 7 |
| Number of companies based in Europe | 7 |
| Number of companies based in the US | 6 |
| Number of companies based in other countries | 8 |
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What You'll Learn
Electric bus companies in India
India's electric bus market is growing, with a projected compound annual growth rate (CAGR) of 7.61% in 2023. The market is dominated by local players, including conglomerates and specialized companies. The government's support, technological advancements, and increased environmental awareness have propelled this market towards significant growth, making it a key segment in the global shift towards cleaner transportation.
Some of the top electric bus companies in India include:
- Tata Motors: A global leader in automobile manufacturing, Tata Motors has a diverse portfolio that includes cars, SUVs, buses, trucks, and defence vehicles. The company has a large presence in India and exports vehicles to over 100 countries. As of August 2023, they had over 600 operational electric buses throughout India.
- Ashok Leyland: Ashok Leyland is a flagship company of the Hinduja group with a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. Their subsidiary, Switch Mobility, focuses on sustainable and eco-friendly mobility solutions. Switch Mobility's e1 electric bus has a seating capacity of 40+D and a range of 390 kilometres.
- PMI Electro Mobility: PMI operates over 777 electric buses across various Indian cities, powered by advanced lithium-ion batteries, offering a range of up to 300 kilometres per charge.
- Olectra Greentech: Olectra offers several electric bus models, including the K6 E-Bus, K7 E-Bus, and more.
- JBM Auto Limited: JBM Auto is known for its advanced technology and high-quality electric buses. Their Ecolife Electric Bus has a seating capacity of 42+D and is equipped with a lithium-ion liquid-cooled battery system.
- VE Commercial Vehicles: A joint venture between the Volvo Group and Eicher Motors, VE Commercial Vehicles offers the Skyline Pro electric bus with a seating capacity of 32+D and a range of up to 300 kilometres.
These companies have established themselves through a combination of technological innovation, extensive distribution networks, and partnerships with government and private entities, contributing to India's push towards sustainable public transport.
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Electric bus companies in China
Electric buses are becoming increasingly popular as governments around the world transition to more sustainable and fuel-efficient urban transport systems. China, in particular, has a robust manufacturing industry for electric buses and their batteries. The demand for electric buses in China accounts for more than 60% of the global demand.
BYD Company Ltd.
BYD Company Ltd. is a top producer of electric buses, with a significant presence in various markets. They have made significant strides in the electric vehicle domain, particularly with their line of battery electric buses known as the BYD K-series. These buses utilise BYD's proprietary lithium iron phosphate (LFP) battery technology. BYD Auto Co. Ltd. is a subsidiary of BYD Company Ltd. that focuses on electric buses.
Yutong Bus Co., Ltd.
Yutong Bus Co., Ltd. is another key player in the China Electric Bus Market. They are known for their comprehensive range of electric bus models and their emphasis on technological advancements and sustainable transportation solutions.
Zhongtong Bus Holding Co., Ltd.
Zhongtong is a reputable bus manufacturer, operating in the Chinese market with a total asset value of 12 billion yuan (US$1.64 billion). They supply electric buses to some streets in Latin American cities, showcasing their commitment to expanding globally.
King Long United Automotive Industry Co., Ltd.
King Long is a well-established China-based bus manufacturer, established in 1988 as a subsidiary of Xiamen King Long Motor Group Co., Ltd. They have four major production bases and provide a wide range of products, including electric buses. The company is committed to research and development in new energy, safety systems, and intelligent transportation solutions.
Higer Bus Company Ltd.
Higer Bus Company Ltd. is recognised as a major player in the China Electric Bus Market, offering a diverse range of electric bus models. They prioritise technological advancements and environmentally friendly transportation options, contributing to their competitive position in the market.
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Electric bus companies in the US
The adoption of electric buses is gaining traction globally, with governments and manufacturers pushing for more sustainable and fuel-efficient urban transport systems. This shift is particularly notable in the United States, where several companies are leading the charge in electric bus manufacturing and sales.
BYD Motors
BYD Motors, a Chinese-owned company with a presence in the US market, is at the forefront of electric vehicle innovation. They offer a wide range of electric buses, from the 30-foot K7M to the 60-foot K11M, and the flagship transit bus, the K9. BYD received the largest single order of battery-electric buses in US history from the Los Angeles Department of Transportation, which ordered 130 of its K7M buses. This order aligns with Los Angeles' "Green New Deal" sustainability goals, including plans to convert its entire fleet to zero-emission buses by 2030.
Proterra
Proterra, based in Burlingame, California, has sold over 1,000 electric buses in the US since 2004. They manufacture 35 and 40-foot versions of the ZX5, previously manufacturing the Catalyst model.
Thomas Built Buses
Thomas Built Buses, commonly known as Thomas, has a long legacy in bus manufacturing and has successfully transitioned into the electric era. They offer reliable and environmentally friendly buses, addressing the need for electrification of US school buses.
Volvo Group
Volvo Group, a global leader in the automotive industry, extends its vehicle offerings beyond passenger cars to include all-electric buses. Their 7900 Electric model is a zero-emission bus designed for agile and safe operation in urban environments.
Zhongtong
Zhongtong is a reputable bus manufacturer operating in the Chinese market with a total asset value of US$1.64 billion. While they primarily serve the Chinese market, they have also supplied electrified buses to Latin American cities.
In addition to these companies, other players in the electric bus market include Solaris Bus & Coach, a Polish-based company that has delivered electric buses to European cities, and VDL Bus & Coach, a Dutch manufacturer that has secured contracts with various public transport operators in the Netherlands. With increasing demand and initiatives like the US Federal Transit Administration's funding for zero-emission projects, the electric bus market is expected to grow and play a significant role in sustainable public transportation.
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Electric bus companies in Europe
Electric buses are becoming an increasingly common sight on the roads of Europe, with cities investing in electric infrastructure and governments promoting emission-free public transport. The European electric bus market is characterised by a mix of dominant global companies and regional players focusing on electric mobility solutions. One of the European leaders in electric bus manufacturing is Solaris Bus & Coach, a Polish-based company that has been taken over by the Spanish group CAF. Solaris has delivered electric buses to several European cities, including Barcelona, Frankfurt, the Baltic countries, Warsaw, and Milan. In September 2019, the company claimed that "25 per cent of electric buses awarded in 2019 in Europe are made by Solaris".
Another key player in the European market is VDL Bus & Coach, a Dutch manufacturer that held the largest fully electric fleet in the EU as of September 2017. VDL has secured contracts with several public transport operators in the Netherlands, including Rotterdam's RET and EBS in The Hague. In 2020, VDL Bus & Coach received an order of 100 electric buses from Amstelland Meerlanden, the largest single order for the company and the largest electric bus fleet within a single operation in Europe.
BYD Motors, a Chinese company, is also a significant producer of electric buses in Europe. They have a wide range of offerings, including the BYD K-series, which utilises their proprietary lithium iron phosphate battery technology. BYD secured the largest single order for electric buses in Europe from Keolis, with 259 BYD battery-electric buses deployed.
Other companies making electric buses in Europe include Volvo Group, which offers the 7900 Electric, a zero-emission bus designed for urban environments; and Škoda Electric in the Czech Republic, which provides electrical equipment for bus builders such as Temsa.
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Electric bus companies in the rest of the world
The adoption of electric buses is increasing globally, with governments and companies pushing for more sustainable and fuel-efficient urban transport systems. This transition is being driven by initiatives such as the Electric Transport Green Deal in the Netherlands and funding for zero-emission projects from the US Federal Transit Administration. According to the 2024 Electric Vehicle Outlook, municipal buses are already electrifying at a rapid pace and are expected to represent 86% of the global fleet by 2050.
One of the European leaders in electric bus manufacturing is Solaris Bus & Coach, a Polish company taken over by the Spanish group CAF. Solaris has delivered electric buses to several European cities, including Barcelona, Frankfurt, and the Baltic countries. In 2019, the company won a contract for 130 electric bus units in Warsaw and a 250-bus framework agreement in Milan. Another prominent player in the European market is VDL Bus & Coach, a Dutch manufacturer that secured a 55-unit electric bus contract with Rotterdam public transport operator RET in 2018.
In North America, the Volvo Group, including its subsidiary Novabus, offers electric buses as part of its commitment to sustainability and innovation. Thomas Built Buses, commonly known as Thomas, has also transitioned into the electric era, addressing the need for electrification of US school buses. Additionally, Lion Electric offers a range of all-electric school buses and commercial trucks, leveraging its advanced battery technology.
When it comes to Asia, BYD Company Ltd. (China) is a top producer of electric buses, known for its BYD K-series line of battery-electric buses. Yutong Co., Ltd. (China) is another major player in the electric bus market, along with Zhongtong Bus Holding Co., Ltd., which operates in the Chinese market and has supplied electrified buses to Latin American cities. Tata Motors, a key player in India's automotive industry, has made significant progress in the electric bus sector, with over 600 operational electric buses across India as of August 2023. Another Indian company, Ashok Leyland Limited, has contributed to the electric bus initiative in the subcontinent through its subsidiary Switch.
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Frequently asked questions
There are several companies manufacturing electric buses. While an exact number cannot be ascertained, here is a list of some prominent manufacturers:
- BYD Motors
- Yutong
- VDL Groep
- AB Volvo
- CAF (Solaris Bus & Coach)
- Zhongtong
- Proterra
- Thomas Built Buses
- Ashok Leyland
- Tata Motors
Some of the prominent electric bus manufacturers in India include:
- Switch Mobility
- Tata Motors
- Ashok Leyland
- PMI Electro Mobility
- Erisha E Mobility
- JBM Auto
Some of the electric bus manufacturers in the US include:
- Proterra
- Thomas Built Buses
- New Flyer
- GreenPower Motor Company
- Complete Coach Works
Some of the electric bus manufacturers in Europe include:
- Solaris Bus & Coach
- VDL Groep
- VDL Bus & Coach
- Nova Bus
- Astonbus
- Mobil Anak Bangsa (MAB)
China leads the electric bus market, with more than 60% of the global demand. Other countries with a significant presence in the market include India, the Netherlands, Sweden, and Spain.
