Automotive and Transportation Europe Electric Bus Market Analysis and Forecast | Page 4

Europe Electric Bus Market
The high cost of electric buses is the major restraint hindering their largescale adoption, especially in the
developing countries. Lack of infrastructure, such as charging station in European countries, is hindering the
growth of the electric bus in public fleets.
Europe Electric Bus Market Competitiveness
Companies operating in the European electric bus market are primarily focusing on providing open interface for
charging to push the demand of electricity operated buses in the region. Some of the key European electric bus
manufacturers include Solaris Bus & Coach, VDL Bus & Coach BV, EBUSCO, SOR Libchavy Ltd., Bozankaya, and
Belkommunmash Holding. Key players operating in the European electric bus market are following the strategy
of product launch to strengthen their position in the regional market. For instance, in September 2016, Solaris
Bus & Coach presented its new Urbino 12 electric bus at InnoTrans 2016.
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