Electric Buses are Poised to Become the Highest Revenue-Producing E-Mobility Technology

e-mobility
A battery electric Proterra BE35 bus operated by San Joaquin RTD, shown beside its fixed charging station.

A new report from Navigant Research examines the global market for electric mobility (e-mobility) devices, including e-buses, e-bikes, e-scooters, plug-in electric vehicles used in shared mobility services, and electric vehicle supply equipment, providing forecasts for unit sales, revenue, and battery pack energy capacity, through 2025.

As cities strategize on how to reduce traffic congestion and meet aggressive climate action plans, consumers are searching for new products and services that enable improved mobility. E-mobility devices provide a solution for both while also transitioning cities toward cleaner energy and reducing noise and the number of vehicles on the road.

“The e-mobility industry is driven by urbanization, improving battery technology, national e-mobility plans, and city energy policy, still, low consumer awareness and gasoline prices, and high purchase prices restrict sales in some markets,” says Ryan Citron, research analyst with Navigant Research. “Asia Pacific is the clear world leader in terms of e-mobility device unit sales and battery capacity, though the region is far less dominant in device revenue due to higher average purchase prices than other world regions, such as North America and Europe.”

According to the report, e-bikes currently account for the largest share of e-mobility revenue in 2016, but e-bus revenue is climbing quickly due to vastly higher purchase prices. Within the next five years, e-bus revenue is expected to overtake e-bike revenue to become the highest revenue-producing technology.

Image credit: By SanJoaquinRTD – Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=26374961

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1 Comment

  • Bruce Miller says:

    You failed to mention two things.
    1. Gasoline/diesel emit carcinogenic fumes in a world where no cure has been found. Google M.S.D.S. sheets on gasoline/diesel and the Benzene they contain. Somebody near to you die from this horrible disease? Electric transport systems are part of the solution, not part of the problem
    2. New technologies blocked in U.S.A. by U.S. casr manufacturers! Google Torrent the documentary, “Who Stole The Electric Car” and Google the EV-1 electric car.
    The ‘Queen of Batteries’ unveils her new invention that can increase the range of Teslas by 70%. Jill Bederoff — 28 Jul 2016 5:33 PM – Watch that this lady is not murdered, or that her patents are not bought up by Evil Oil and lost in ‘U.S. Patent Hell’ by Big Oil’s corrupt shyster Lawyers.
    http://nordic.businessinsider.com/the-queen-of-batteries-unveils-her-new-invention-that-can-increase-the-range-of-teslas-by-70-2016-7

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