North American Electric Bus Market to expand lucratively till 2027

1

North American Electric Bus Market is predicted
to witness over 18 CAGR by 2027
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• North American Electric Bus Market To Hit USD 850
  Mn By 2027. The rising focus on the reduction of
  harmful emissions from transportation sector will
  foster North America electric bus market forecast
  in the coming years. The regional governments are
  bringing out favorable initiatives in the form of
  tax benefits and feed-in tariffs to encourage
  companies to develop technologies that produce
  electric buses.
• The technologies used in the regional
  transportation sector are undergoing some
  incredible transformations to help develop
  advanced electric buses. North America is also
  seeing a steady rise in tourism activities, which
  will help increase the production of electric
  buses that will be useful for long-distance
  transportation.
• Governments in the U.S. and Canada are chalking
  out plans to create advanced charging
  infrastructure across the region. In June 2021,
  the Federal Transit Administration (FTA), which
  comes under the U.S. Department of
  Transportation, allocated nearly 182 million in
  the form of grants. These grants will be used in
  49 electric bus projects across 46 states.

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• The Low-No Program by the FTA will help
  transportation agencies in leasing out or
  purchasing electric hydrogen buses and other
  vehicles that use green fuels and technologies.
  All these plans are aimed at supporting the U.S.
  governments goal to reduce the overall emission
  rates by 50 by 2030.
• North America market share from all-electric
  buses will grow at a significant rate in the
  future. The regional government is increasing its
  focus on developing innovative charging
  infrastructure for a wide range of electric
  vehicles. The main focus of the regional
  authorities is on reducing the carbon footprint
  of different sectors. Along with the
  implementation of strict rules regarding the
  permissible emission rates for each sector in the
  region, the administration is heavily investing
  in green technologies like all-electric buses to
  support their production and sales.
• Electric buses with 70 seating capacity will
  gain momentum across North America up to 2027.
  These buses have large and space-efficient
  interiors. They can be used for both intercity
  and intracity travels and have a wide range of
  benefits. They include wide-angle views, high
  luggage capacity for long-distance journeys,
  expansive floor design, and comfortable seats.

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Segments of North America Electric Bus Market

• North America Market, By Type
• All-Electric
• PHEV
• FCEV
• North America Market, By Battery Capacity
• Below 100 kWh
• 100-300 kWh
• Above 300 kWh
• North America Market, By Seating Capacity
• Below 40 seats
• 40-70 seats
• Above 70 seats

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