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E-buses expected to account for 11-13 pc of new bus sales by FY25: Report

"ICRA foresees electric buses (e-buses) to be at the forefront of India s electrification drive, with the segment expected to witness healthy traction going forward. ICRA estimates e-buses to account for 11–13 per cent of new bus sales by FY2025," it said in a report.

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electric buses: E-buses to account for 11-13% of new bus sales by FY25, says report

Electric buses (e-buses) are expected to account for 11-13% of new bus sales by FY25, according to a report by credit rating agency ICRA. E-bus volumes and penetration levels have improved consistently to 7 per cent in FY23. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) plan has been steady progress towards achieving e-bus deployment targets, with capital subsidies of Rs. 35-55 lakh per bus potentially funding up to 40% of the project costs.

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E-buses expected to account for 11-13 per cent of new bus sales by FY25: Report

Electric buses are expected to account for up to 13 per cent of new bus sales by FY2025, rating agency ICRA said on Monday.  Many state Electric Vehicle (EV) policies have announced specific targets and timelines for e-bus adoption, thereby creating a road map for electrification, it

Convergence energy services limitedPublic private partnershipElectric vehicleFaster adoptionElectric vehiclesOriginal equipment manufacturersEbus sewaE buses expected to account for 11 13 per cent of new bus sales by fy25 report

E-buses expected to account for 11-13 pc of new bus sales by FY25: Report

E-buses expected to account for 11-13 pc of new bus sales by FY25: Report
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PM-eBus Sewa: Central team to visit city soon

PM-eBus Sewa: Central team to visit city soon
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