Market Report
Report Summary Electric Bus Sales & Production Market in India & Outlook 2028
Electric Bus Sales & Production Market in India & Outlook 2028
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A strong pull from customers, including public-transit operators and city governments, is one of the significant reason to the strong performance of e-buses globally.
Regulatory and political influences, and government subsidies are paving way for adoption of electric buses in India as well. Recently in August 2023, GoI launched a scheme named – PM e-Bus Sewa with the aim to augment bus operations by deployment of 10,000 electric buses on PPP mode. The scheme has two segments : Segment A (Augmenting the city bus services in 169 cities) that will enable associated infrastructure support for development /upgradation of depot infrastructure & creation of behind-the-meter power infrastructure (substation, etc.) for e-buses.
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