Source: PRNewswire

According to market research “Global Electric Bus Market Size, Share, Development, Growth and Demand Forecast to 2025 – Industry Insights by Technology (Series Parallel Hybrid Bus, Series Hybrid Bus, Parallel Hybrid Bus, Pure Electric Bus)“ published by P&S Market Research, the global electric bus market is expected to grow at a CAGR of 20.9% in terms of volume during 2016-2025. Among the various technologies, the parallel hybrid bus segment accounted for largest share (43.6%) in the electric bus market in 2015.

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