Business Standard

An electric charge for public transport: E-bus market to triple by 2023

As cities seek to reduce tailpipe emissions, the move towards electrifying intra-city transport is gathering speed

An electric charge for public transport: E-bus market to triple by 2023
Premium

Battery-powered buses are likely to account for half the to­tal bus market over the next seven to eight years, according to bus manufacturers’ estimates

Shally Seth Mohile Mumbai
The spectacle of jaded, wobbly and crowded buses dotting India’s urban landscape may soon be a thing of the past if the current pace of “green recovery” of the pandemic-dented bus market continues.

As India seeks to cut down on tailpipe emissions, public transport is “up for a paradigm shift with electric buses catching up at a very fast pace”, according to a recent report by Bank of America (BofA) Global Research.

Led by government orders (both central and state), India’s electric bus market is set to tri­ple — from just over 2,000 un­i­ts in 2022 to 6,000 by the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in