ICRA observed that numerous state Electric Vehicle (EV) policies have set specific targets and timelines for the adoption of e-buses, creating a comprehensive roadmap for electrification within the sector.
Highlighting substantial operational cost savings compared to conventional diesel buses, ICRA expects the demand for e-buses to continue its upward trajectory.
The agency anticipates electric buses to lead India's electrification endeavour, foreseeing robust growth in this segment. According to ICRA's report, e-buses are estimated to comprise 11-13 percent of new bus sales by FY2025.
ICRA also envisions government subsidies and advancing technologies playing pivotal roles in further driving down the capital costs associated with e-buses.
In its evaluation, ICRA noted a visible surge in traction within the e-bus segment over the past few years, with e-bus volumes and penetration levels consistently improving to reach 7 percent in FY2023.
Bu hikaye The Business Guardian dergisinin November 28, 2023 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin November 28, 2023 sayısından alınmıştır.
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