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Stock impact report

Global Electric Bus Market to Grow by USD 68.5bn Over the Next Decade | Future Market Insights, Inc. [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
China, the world's largest electric bus market, is leading the way with an ambitious plan to install over 600,000 charging stations by 2025, a move spearheaded by the Ministry of Transport. NEWARK, DE / ACCESSWIRE / November 18, 2024 / NEWARK, DE / ACCESSWIRE / November 18, 2024 / The global electric bus market is valued at an estimated USD 21.3 billion in 2024 and is projected to reach USD 68.5 billion by 2034 , growing at a CAGR of 12.4%. The electric bus market has witnessed remarkable growth in recent years, fueled by environmental concerns, government support, and technological innovations. As nations increasingly focus on sustainability and reducing greenhouse gas emissions, electric buses have become a promising solution for public transport systems. One of the primary growth drivers is the heightened awareness of the environmental impact caused by conventional fossil fuel-powered vehicles. Rising concerns over air pollution and climate change have prompted governments an Show less Read more
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