Middle East & Africa Electric Bus Market to Reach $1.16 Billion by 2028 - ResearchAndMarkets.com
The "Middle East & Africa Electric Bus Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Vehicle Type, Hybrid Powertrain, Battery, and End User" report has been added to ResearchAndMarkets.com's offering
By AP News
Published - Sep 19, 2022, 09:02 AM ET
Last Updated - Jun 12, 2024, 01:49 AM EDT
DUBLIN--(BUSINESS WIRE)--Sep 19, 2022--
The "Middle East & Africa Electric Bus Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Vehicle Type, Hybrid Powertrain, Battery, and End User" report has been added to ResearchAndMarkets.com's offering.
The MEA electric bus market is expected to grow from US$ 410.66 million in 2021 to US$ 1,163.89 million by 2028; it is estimated to grow at a CAGR of 16.0% from 2021 to 2028
Electric buses employ a variety of batteries. Low-cost lithium ion-phosphate batteries are increasingly used in electric buses. Batteries made of lithium-ion phosphate are both cost-effective and robust. The average price of these batteries is a significant benefit for automakers.
