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Automobile & Transportation Global EV Bus Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4671079
    • |
  • 10 February, 2026
    • |
  • Global
    • |
  • 129 Pages
    • |
  • GIR
    • |
  • Automobile & Transportation

According to our (Global Info Research) latest study, the global EV Bus market size was valued at US$ 46303 million in 2025 and is forecast to a readjusted size of US$ 64717 million by 2032 with a CAGR of 4.9% during review period.
An EV Bus (Electric Vehicle Bus) refers to a broad category of passenger-carrying vehicles powered by electricity and driven by electric motors, complying with all road traffic and safety regulations. In a broad sense, EV buses encompass Battery Electric Buses (BEVs), Plug-in Hybrid Electric Buses (PHEVs), and Fuel Cell Electric Buses (FCEVs). By replacing traditional internal combustion engines with electric propulsion, these buses significantly reduce operational noise and minimize or eliminate tailpipe emissions. In the realm of urban transit, EV buses have become the central pillar for decarbonizing public transportation and achieving carbon neutrality, typically featuring advanced Battery Management Systems (BMS) and regenerative braking technology. In 2025, global EV Bus production reached approximately 150K units.
EV buses refer broadly to electrically driven public transit buses, including battery electric buses and, in some classifications, plug-in or range-extended electric models. As one of the most mature and widely deployed segments within the new energy commercial vehicle market, EV buses have become a cornerstone of global efforts to decarbonize public transportation and modernize urban mobility systems.
From a market driver perspective, the development of EV buses is strongly influenced by policy frameworks, urban sustainability goals, and public-sector funding mechanisms. Public bus fleets are often prioritized for electrification due to their fixed routes, high utilization rates, and strong visibility in urban environments. Replacing diesel or natural gas buses with electric alternatives allows cities to achieve rapid reductions in carbon emissions and air pollutants. Zero-emission mandates, government procurement programs, operational subsidies, and low-emission zone regulations collectively form the foundation of EV bus market growth.
In terms of demand structure, the EV bus market is driven by both new fleet expansion and replacement of aging vehicles. In newly developed or expanding transit systems, electric buses are increasingly adopted as the default option. In mature markets, large numbers of conventional buses are reaching retirement age, creating sustained replacement demand. Compared with passenger vehicles, bus procurement cycles are more closely tied to public budgets and planning cycles, but once initiated, they typically result in large-scale, bulk orders that provide stable demand for manufacturers.
From a technology and product standpoint, the competitiveness of EV buses depends on battery reliability, vehicle energy efficiency, and long-term operational stability. Advances in battery safety, cycle life, and cost reduction have significantly improved the feasibility of electric buses under intensive operating conditions. Vehicle manufacturers are also enhancing performance through lightweight designs, high-efficiency electric drivetrains, intelligent energy management, and advanced thermal control systems. Flexible charging strategies—such as depot charging, fast charging, and opportunity charging—enable electric buses to adapt to diverse operational and infrastructure environments.
In terms of market structure and regional distribution, the EV bus market shows clear regional leadership patterns. China leads globally in production volume, fleet size, and supply chain integration, supported by a comprehensive domestic ecosystem spanning vehicles, batteries, and charging infrastructure. Europe emphasizes regulatory compliance, reliability, and lifecycle carbon performance, resulting in higher unit prices but more cautious procurement. North America and other emerging markets are at an earlier stage of adoption but are expected to see accelerated growth driven by zero-emission transport targets.
From an economic and business model perspective, the competitive advantage of EV buses is increasingly shifting from subsidy dependence toward total cost of ownership (TCO) optimization. Although upfront purchase prices remain higher than those of conventional buses, EV buses offer lower energy costs, reduced maintenance requirements, and improved operational predictability over their lifetimes. Innovative models such as battery leasing, vehicle financing, and bundled vehicle-plus-infrastructure solutions are further reducing adoption barriers for transit operators.
Overall, the EV bus market is characterized by high policy visibility, sustained demand, and clear technological evolution pathways. As smart transportation systems and digital fleet management solutions continue to advance, EV buses are evolving from standalone vehicles into integral components of intelligent public transit networks, supporting steady long-term market growth.
This report is a detailed and comprehensive analysis for global EV Bus market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global EV Bus market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2021-2032
Global EV Bus market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2021-2032
Global EV Bus market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2021-2032
Global EV Bus market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for EV Bus
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global EV Bus market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Yutong, DFAC, BYD, King Long, Zhong Tong, Foton, ANKAI, Guangtong, Nanjing Gold Dragon, Volvo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
EV Bus market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Battery Electric Bus
Hybrid Bus
Market segment by Size
Small Size
Middle Size
Large Size
Market segment by Materials
LFP
NCM/NCA
Others
Market segment by Application
Public Transit
Highway Transportation
Major players covered
Yutong
DFAC
BYD
King Long
Zhong Tong
Foton
ANKAI
Guangtong
Nanjing Gold Dragon
Volvo
New Flyer
Daimler
Gillig
CRRC Electric Vehicle
Higer Bus
King Long Motor Group
Proterra
VDL Bus & Coach
Solaris Bus & Coach
EBUSCO
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EV Bus product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of EV Bus, with price, sales quantity, revenue, and global market share of EV Bus from 2021 to 2026.
Chapter 3, the EV Bus competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EV Bus breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and EV Bus market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of EV Bus.
Chapter 14 and 15, to describe EV Bus sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global EV Bus Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Battery Electric Bus
    • 1.3.3 Hybrid Bus
  • 1.4 Market Analysis by Size
    • 1.4.1 Overview: Global EV Bus Consumption Value by Size: 2021 Versus 2025 Versus 2032
    • 1.4.2 Small Size
    • 1.4.3 Middle Size
    • 1.4.4 Large Size
  • 1.5 Market Analysis by Materials
    • 1.5.1 Overview: Global EV Bus Consumption Value by Materials: 2021 Versus 2025 Versus 2032
    • 1.5.2 LFP
    • 1.5.3 NCM/NCA
    • 1.5.4 Others
  • 1.6 Market Analysis by Application
    • 1.6.1 Overview: Global EV Bus Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.6.2 Public Transit
    • 1.6.3 Highway Transportation
  • 1.7 Global EV Bus Market Size & Forecast
    • 1.7.1 Global EV Bus Consumption Value (2021 & 2025 & 2032)
    • 1.7.2 Global EV Bus Sales Quantity (2021-2032)
    • 1.7.3 Global EV Bus Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Yutong
    • 2.1.1 Yutong Details
    • 2.1.2 Yutong Major Business
    • 2.1.3 Yutong EV Bus Product and Services
    • 2.1.4 Yutong EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Yutong Recent Developments/Updates
  • 2.2 DFAC
    • 2.2.1 DFAC Details
    • 2.2.2 DFAC Major Business
    • 2.2.3 DFAC EV Bus Product and Services
    • 2.2.4 DFAC EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 DFAC Recent Developments/Updates
  • 2.3 BYD
    • 2.3.1 BYD Details
    • 2.3.2 BYD Major Business
    • 2.3.3 BYD EV Bus Product and Services
    • 2.3.4 BYD EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 BYD Recent Developments/Updates
  • 2.4 King Long
    • 2.4.1 King Long Details
    • 2.4.2 King Long Major Business
    • 2.4.3 King Long EV Bus Product and Services
    • 2.4.4 King Long EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 King Long Recent Developments/Updates
  • 2.5 Zhong Tong
    • 2.5.1 Zhong Tong Details
    • 2.5.2 Zhong Tong Major Business
    • 2.5.3 Zhong Tong EV Bus Product and Services
    • 2.5.4 Zhong Tong EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Zhong Tong Recent Developments/Updates
  • 2.6 Foton
    • 2.6.1 Foton Details
    • 2.6.2 Foton Major Business
    • 2.6.3 Foton EV Bus Product and Services
    • 2.6.4 Foton EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Foton Recent Developments/Updates
  • 2.7 ANKAI
    • 2.7.1 ANKAI Details
    • 2.7.2 ANKAI Major Business
    • 2.7.3 ANKAI EV Bus Product and Services
    • 2.7.4 ANKAI EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 ANKAI Recent Developments/Updates
  • 2.8 Guangtong
    • 2.8.1 Guangtong Details
    • 2.8.2 Guangtong Major Business
    • 2.8.3 Guangtong EV Bus Product and Services
    • 2.8.4 Guangtong EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Guangtong Recent Developments/Updates
  • 2.9 Nanjing Gold Dragon
    • 2.9.1 Nanjing Gold Dragon Details
    • 2.9.2 Nanjing Gold Dragon Major Business
    • 2.9.3 Nanjing Gold Dragon EV Bus Product and Services
    • 2.9.4 Nanjing Gold Dragon EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Nanjing Gold Dragon Recent Developments/Updates
  • 2.10 Volvo
    • 2.10.1 Volvo Details
    • 2.10.2 Volvo Major Business
    • 2.10.3 Volvo EV Bus Product and Services
    • 2.10.4 Volvo EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Volvo Recent Developments/Updates
  • 2.11 New Flyer
    • 2.11.1 New Flyer Details
    • 2.11.2 New Flyer Major Business
    • 2.11.3 New Flyer EV Bus Product and Services
    • 2.11.4 New Flyer EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 New Flyer Recent Developments/Updates
  • 2.12 Daimler
    • 2.12.1 Daimler Details
    • 2.12.2 Daimler Major Business
    • 2.12.3 Daimler EV Bus Product and Services
    • 2.12.4 Daimler EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Daimler Recent Developments/Updates
  • 2.13 Gillig
    • 2.13.1 Gillig Details
    • 2.13.2 Gillig Major Business
    • 2.13.3 Gillig EV Bus Product and Services
    • 2.13.4 Gillig EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Gillig Recent Developments/Updates
  • 2.14 CRRC Electric Vehicle
    • 2.14.1 CRRC Electric Vehicle Details
    • 2.14.2 CRRC Electric Vehicle Major Business
    • 2.14.3 CRRC Electric Vehicle EV Bus Product and Services
    • 2.14.4 CRRC Electric Vehicle EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 CRRC Electric Vehicle Recent Developments/Updates
  • 2.15 Higer Bus
    • 2.15.1 Higer Bus Details
    • 2.15.2 Higer Bus Major Business
    • 2.15.3 Higer Bus EV Bus Product and Services
    • 2.15.4 Higer Bus EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Higer Bus Recent Developments/Updates
  • 2.16 King Long Motor Group
    • 2.16.1 King Long Motor Group Details
    • 2.16.2 King Long Motor Group Major Business
    • 2.16.3 King Long Motor Group EV Bus Product and Services
    • 2.16.4 King Long Motor Group EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 King Long Motor Group Recent Developments/Updates
  • 2.17 Proterra
    • 2.17.1 Proterra Details
    • 2.17.2 Proterra Major Business
    • 2.17.3 Proterra EV Bus Product and Services
    • 2.17.4 Proterra EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Proterra Recent Developments/Updates
  • 2.18 VDL Bus & Coach
    • 2.18.1 VDL Bus & Coach Details
    • 2.18.2 VDL Bus & Coach Major Business
    • 2.18.3 VDL Bus & Coach EV Bus Product and Services
    • 2.18.4 VDL Bus & Coach EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 VDL Bus & Coach Recent Developments/Updates
  • 2.19 Solaris Bus & Coach
    • 2.19.1 Solaris Bus & Coach Details
    • 2.19.2 Solaris Bus & Coach Major Business
    • 2.19.3 Solaris Bus & Coach EV Bus Product and Services
    • 2.19.4 Solaris Bus & Coach EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Solaris Bus & Coach Recent Developments/Updates
  • 2.20 EBUSCO
    • 2.20.1 EBUSCO Details
    • 2.20.2 EBUSCO Major Business
    • 2.20.3 EBUSCO EV Bus Product and Services
    • 2.20.4 EBUSCO EV Bus Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 EBUSCO Recent Developments/Updates

3 Competitive Environment: EV Bus by Manufacturer

  • 3.1 Global EV Bus Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global EV Bus Revenue by Manufacturer (2021-2026)
  • 3.3 Global EV Bus Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of EV Bus by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 EV Bus Manufacturer Market Share in 2025
    • 3.4.3 Top 6 EV Bus Manufacturer Market Share in 2025
  • 3.5 EV Bus Market: Overall Company Footprint Analysis
    • 3.5.1 EV Bus Market: Region Footprint
    • 3.5.2 EV Bus Market: Company Product Type Footprint
    • 3.5.3 EV Bus Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global EV Bus Market Size by Region
    • 4.1.1 Global EV Bus Sales Quantity by Region (2021-2032)
    • 4.1.2 Global EV Bus Consumption Value by Region (2021-2032)
    • 4.1.3 Global EV Bus Average Price by Region (2021-2032)
  • 4.2 North America EV Bus Consumption Value (2021-2032)
  • 4.3 Europe EV Bus Consumption Value (2021-2032)
  • 4.4 Asia-Pacific EV Bus Consumption Value (2021-2032)
  • 4.5 South America EV Bus Consumption Value (2021-2032)
  • 4.6 Middle East & Africa EV Bus Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global EV Bus Sales Quantity by Type (2021-2032)
  • 5.2 Global EV Bus Consumption Value by Type (2021-2032)
  • 5.3 Global EV Bus Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global EV Bus Sales Quantity by Application (2021-2032)
  • 6.2 Global EV Bus Consumption Value by Application (2021-2032)
  • 6.3 Global EV Bus Average Price by Application (2021-2032)

7 North America

  • 7.1 North America EV Bus Sales Quantity by Type (2021-2032)
  • 7.2 North America EV Bus Sales Quantity by Application (2021-2032)
  • 7.3 North America EV Bus Market Size by Country
    • 7.3.1 North America EV Bus Sales Quantity by Country (2021-2032)
    • 7.3.2 North America EV Bus Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe EV Bus Sales Quantity by Type (2021-2032)
  • 8.2 Europe EV Bus Sales Quantity by Application (2021-2032)
  • 8.3 Europe EV Bus Market Size by Country
    • 8.3.1 Europe EV Bus Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe EV Bus Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific EV Bus Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific EV Bus Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific EV Bus Market Size by Region
    • 9.3.1 Asia-Pacific EV Bus Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific EV Bus Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America EV Bus Sales Quantity by Type (2021-2032)
  • 10.2 South America EV Bus Sales Quantity by Application (2021-2032)
  • 10.3 South America EV Bus Market Size by Country
    • 10.3.1 South America EV Bus Sales Quantity by Country (2021-2032)
    • 10.3.2 South America EV Bus Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa EV Bus Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa EV Bus Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa EV Bus Market Size by Country
    • 11.3.1 Middle East & Africa EV Bus Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa EV Bus Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 EV Bus Market Drivers
  • 12.2 EV Bus Market Restraints
  • 12.3 EV Bus Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of EV Bus and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of EV Bus
  • 13.3 EV Bus Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 EV Bus Typical Distributors
  • 14.3 EV Bus Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on EV Bus. Industry analysis & Market Report on EV Bus is a syndicated market report, published as Global EV Bus Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of EV Bus market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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