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Due to both legal push and market pull, one million Electric buses forecast to be purchased in 2026

LONDON, April 24, 2017 /PRNewswire/ -- Electric buses are based on various types of hybrid and pure electric powertrain. We find Chinese pure electric powertrains winning and fuel cells losing, hybrids in-between as the market passes $132 billion in 2026 for buses.

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Industrial and commercial electric vehicles will be a similar market to cars but innovating faster and frequently more profitable for all in the value chain. The most important sector is buses, the subject of this report, where innovation often comes before cars because they are less price sensitive

Scope of the study:

·         In this report we show how the Chinese are now dominating the league table, buying the most buses and innovating rapidly already creating the lowest cost base by far.

·         We examine the different power trains and the move from chassis to integrated manufacture often with no chassis and later structural electronics as bodywork will come.

·         Well over 100 hybrid and pure electric bus manufacturers are appraised and regional trends revealed.

·         This report is based on extensive interviews, conferences and searches in 2015-6 of the issues and trends including a detailed look at fuel cell buses over nearly three decades identifying why further delays are risking the window of opportunity for them closing as the greener, more efficient pure electric buses prove fit for prime time and over one quarter of one million e-buses are purchased in 2026 due to both legal push and market pull.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/due-to-both-legal-push-and-market-pull-one-million-electric-buses-forecast-to-be-purchased-in-2026-300444663.html