New York, July 31, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Electric Bus Market Size, Share & Industry Trends Analysis Report By Battery Type, By Vehicle, By Application, By End-use, By Regional Outlook and Forecast, 2023 – 2030” – https://www.reportlinker.com/p06481274/?utm_source=GNW
Employing hydrogen energy for transportation as well as business and industrial uses will drastically cut GHG emissions. The announcement of GHG emission reduction targets has compelled bus makers to use electric alternatives. For example, 2019 saw the establishment of the Colorado emissions reduction target in the US. By setting the baseline at its 2005 levels, it has set reduction goals of 26% by 2025, 50% by 2030, and 90% by 2050. Similarly, by 2030, Germany wants to reduce carbon emissions by at least 65% compared to 1990 levels. One of the leading nations in adopting electric buses is the Netherlands, which already employs electric public buses in day-to-day operations and wants to have all of its public bus transportation emission-free by 2030. The market is anticipated to increase as a result.Read the full report: https://www.reportlinker.com/p06481274/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)