Bus Market Share

Market Share of bus Industry

Bus market is fairly consolidated, with the top five companies occupying significant market share. The major players in this market are BAIC Group, Changan Automobile Group, Dongfeng Motor Corp., Jiangling Motors Co. Group, Shanghai Automotive Industry Corporation, Xiamen King Long Motor Group, and Yutong Bus Group. For Instance,

• In August 2022, Pelican announced in August the debut of the Yutong E9, a new, smaller zero-emission car. The E9 measures 8.94 meters in length and 2.42 meters in width. The inclusion of the smaller E9 in our zero-emission offering is a welcome development. 
• The Yutong product gives consumers true choice, with three distinct single deck sizes and the first zero-emission coach in the United Kingdom. The E9's size and maneuverability make it perfect for a variety of applications. The first car is now being built, and orders have already been placed for delivery in March 2023.
• In August 2022, The Switch EiV22 is India's first electric double-decker bus, designed, and manufactured completely in India to leverage Switch's global electric bus experience. It has cutting-edge technology and an ultra-modern design that includes stringent safety requirements as well as best-in-class comfort features. 
• The redesigned famous double-decker bus is intended to change public transportation in the country by creating new intra-city bus norms.
• April 2022: Proterra introduced the new ZX5 electric bus with 738 kilowatt hours of energy

Bus Market Leaders

1. Anhui Ankai Automobile Co. Ltd

2. BYD Company Limited

3. King Long United Automotive Industry Co. Ltd.

4. Zhengzhou Yutong Group Co. Ltd.

5. Zhongtong Bus Holding Co. Ltd.

*Disclaimer: Major Players sorted in no particular order