Electric School Buses and Midi Buses: Big Business Coming
While China has 400,000 large battery buses and strong subsidies are helping them spread across the world, this report assesses another big opportunity that is coming with smaller buses. There are over 1.5 million school buses, mostly midi buses but with larger ones favorite in North America. Federal support for electrification is poor or non-existent so adoption of electric versions seems to be awaiting public outcry about emissions and cost-effectiveness.
The report examines the global market for electric school buses and forecasts growth to $6.9 billion in 2029 with rapid increase thereafter. It predicts the that market for small and midi buses for other purposes will be a multiple of that and that robot shuttles will rapidly become its biggest part. It also predicts that by the end of the decade, some robot shuttles may be acting as a school bus, urban bus and taxi all in one day. As Tesla has acquired a large supercapacitor manufacturer, this report also looks at the potential for supercapacitors to replace batteries in such buses. Other topics this report explores are health benefits of reducing emissions exposures to children, school bus economics, technology advances, regulations, market forces, and grid integration. Finally, this report includes profiles about relevant bus manufacturers by type and their activity prioritising school and midi buses, and it details the latest situations with school buses in North America, China and other regions.