Market Share of Latin America Electric Bus Industry
The major players in the market studied include Daimler, BYD, Yutong, Zhongtong Bus, and King Long, among others. The companies are expanding their presence by making strategic alliances, acquiring regional players, introducing new bus models, and making partnerships with governments. For instance,
- ZEBRA (Zero Emission Bus Rapid-deployment Accelerator) project has been started in 2018 on a cooperative basis. In this project, financial institutions will invest 1 billion USD in zero-emission electric drive technology in Latin America by 2021 which will be utilized for research financing and business model applications in Latin America.
Latin America Electric Bus Market Leaders
Zhongtong Bus Holding Co., Ltd
Zhengzhou Yutong Bus Co., Ltd.
BYD Auto Co., Ltd.
King Long United Automotive Industry Co., Ltd
Daimler AG
*Disclaimer: Major Players sorted in no particular order
