Mexico Electric Bus Market Size, Growth Insight, Share, Trends, Industry Key Players, Demand, Applications, Supply, Business Opportunity, Regional Forecast 2021 To 2023

(The Express Wire via Comtex)

Global "Mexico Electric Bus Market" evaluates major aspects of the market as well as trade size, share, market standing, key trends, and forecast 2023. The report provides info concerning the industry's high competitors and growth opportunities with key market drivers. This report includes Associate in tending assessment of those drivers, restraints, government policies, technological innovations, opportunities, and future technologies. The report fastidiously analyses all the essential aspects of the Mexico Electric Bus market and provides an in depth summary of the expansion prospects. Also, the report covers current and future market insights, trends, competitive landscape, and forecasts that square measure more divided by key geographies and segments.

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List Of TOP KEY PLAYERS in Mexico Electric Bus Market Report are:-

● Daimler AG
● Anhui Ankai Automobile
● Iveco
● Nanjing Jiayuan EV
● New Flyer Industries
● Proterra Inc
● Ryobi Bus
● And Others

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

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About Mexico Electric Bus Market:

The Mexico electric bus market has registered a CAGR of 25%, during the forecast period. The electrification of the transportation sector has been critical in tackling the climate change predominant in the country. According to the IEA, in order to limit the average temperature increases to 2°C – it is crucial to reduce carbon emissions by around 25% from the transport sector.

Government Policies to Cut Down Carbon Footprint

The country passed an ambitious climate change law in 2012, and had since, pledged to reduce GHG emissions by 40% by 2030. Reducing the country’s carbon footprint from transport sector, which is responsible for 22% of yearly emissions, will be critical if Mexico is to meet its goals. Also, Mexico City tested a hybrid bus from December 2014 to January 2015 and had offered contracts to BAE systems for supplying the buses.

Advancements in Manufacturing Efficient Diesel Engines

More efficient diesel engines are being developed, which reduce their NO2 exhaust percentage by more than 55%. Electric Buses these days are managing a 200-mile trip on a full charge of the battery when compared to a diesel bus, which can provide 400 miles on its full tank (around 500 liters) fuel. This difference, clubbed with lesser number of charging stations is heavily pulling back the growth of Electric Bus market in Mexico.

Technological Trends

The major trends emerging in the market has increased emphasis on innovation and increased investments in RandD. BYD Company, is testing its 12 meters long electric bus with transport companies in Mexico, to integrate its 8 meters long model and incorporate it as an articulated unit. Therefore, this technology eliminates the process of conventional non-autonomous charging mechanism. However, high costs compounded by a sparse network of public charging infrastructure, and a lack of incentives for private distributors to expand them giving the government’s monopoly of the electricity market. Local and federal governments and the private sector should work together to create a network of incentives that ensures that the economic, environmental, and public health benefits of EVs outweigh their estimated total cost of ownership.

Mexico City tested a hybrid bus from December 2014 to January 2015, though it has not yet tested any purely electric buses. High costs are compounded by a sparse network of public charging infrastructure and a lack of incentives for private distributors to expand them given the government’s historical monopoly of the electricity market. However, there are many stations that offer services free of charge – a benefit provided by automakers and businesses to encourage the electric bus adoption. In Mexico City, moreover, electric buses are exempted from the “Hoy No Circula” program, which limits the days that vehicles can be on the road.

Key Developments in the Market

• March 2018: FlixBus, plans to expand its low-cost service and test all-electric bus routes, aiming to become a pioneer in a more sustainable form of intercity transit

Major Players – Daimler, Nanjing Jiayuan EV, Iveco, Anhui Ankai Automobile, Ryobi Bus, Volvo, among others.

Reasons to Purchase this Report

• Analyzing various perspectives of the market with the help of Porter’s five forces analysis• Detailed analysis on the product type that is expected to dominate the market• Detailed analysis on the regions that are expected to witness fastest growth during the forecast period• Identifying the latest developments, market shares, and strategies employed by the major market players• 3-month analyst support, along with the Market Estimate sheet (in excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs

Mexico Electric Bus market report explores the international and Chinese major Mexico Electric Bus players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2021 Mexico Electric Bus market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Mexico Electric Bus Sales growth in various regions and RandD status are also covered.

Global Mexico Electric Bus Market 2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Market Trend

● Growing research activities coupled with new product launches.

Market Driver

● High Opportunity of Mexico Electric Bus .

Market Challenge

● Complications associated with Mexico Electric Bus procedures.

The report provides key statistics on the market status of the Mexico Electric Bus manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Mexico Electric Bus .

Mexico Electric Bus Market Report Overview includes major players of the global Mexico Electric Bus Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Mexico Electric Bus market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Mexico Electric Bus Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Mexico Electric Bus .

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

● North America (United States, and Canada)
● Europe (France, UK)
● Asia-Pacific (China, Japan)
● South America (Brazil, Argentina)
● Middle East and Africa

Major Key Contents Covered in Mexico Electric Bus :

● Introduction of Mexico Electric Bus with development and status.
● Manufacturing Technology of Mexico Electric Bus with analysis and trends.
● Analysis of Global Mexico Electric Bus Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
● Analysis of Global and Chinese Mexico Electric Bus Capacity, Production, Production Value, Cost and Profit
● Analysis of Mexico Electric Bus with Comparison, Supply, Consumption, and Import, and Export.
● Mexico Electric Bus Analysis with Market Status and Market Competition by Companies and Countries.
● Mexico Electric Bus Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Mexico Electric Bus market trend, Import and Export.
● Mexico Electric Bus Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Mexico Electric Bus In Future, we come up with Mexico Electric Bus Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Mexico Electric Bus Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modeling
3. Executive Summary
4. Market Overview and Trends
4.1 Introduction
4.2 Market Trends
4.3 Porter’s Five Forces Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Market Dynamics
5.1 Drivers
5.1.1 Supportive Government Regulations
5.2 Restraints
5.2.1 Range of Electric Bus
5.2.2 High Production and Maintenance Cost
5.3 Opportunities
5.3.1 Demand from the Electric Vehicle Industry
6. Mexico Automotive Electric Bus Market - By Vehicle Type
6.1 Battery Electric Bus
6.2 Plug-in-hybrid Electric Bus
7. Mexico Automotive Electric Bus Market - By Technology
7.1 Non Autonomous
7.2 Autonomous
7.3 Others
8. Mexico Automotive Electric Bus Market - By Consumer Segment
8.1 Government
8.2 Fleet Owners
8.3 Others
9. Competitive Landscape
9.1 Introduction
9.2 Market Share Analysis
10. Company Profiles
10.1 Daimler
10.2 Anhui Ankai Automobile
10.3 BYD
10.4 Iveco
10.5 Nanjing Jiayuan EV
10.6 New Flyer Industries
10.7 Proterra Inc
10.8 Ryobi Bus
10.9 Scannia
10.10 Shandong Yi Xing Electric Automobile
10.11 Wright Group
10.12 Volvo
10.13 Zhengzhou Yutong
10.14 Zhongtong Bus
11. Future Outlook
12. Disclaimer

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