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The electric bus battery pack market forms a part of the larger market for commercial electric vehicles (EVs), focusing on the storage systems that power electric buses used for public transportation and other commercial purposes. Electric buses are considered a sustainable alternative to traditional diesel-powered buses due to their lower emissions of pollutants and greenhouse gases during operation. The transition toward these vehicles is driven by factors such as advancements in battery technology, supportive government policies and regulations aimed at reducing emissions from the transportation sector, improvement of charging infrastructure, and the decreasing cost of batteries over time. Battery packs for electric buses vary widely in terms of composition, energy capacity, and size, tailored to specific requirements of vehicle range, durability, and performance.
Major players in the electric bus battery pack market include BYD Company Limited, LG Chem, Contemporary Amperex Technology Co. Limited (CATL), Proterra, Samsung SDI, ABB, and Panasonic Corporation. These companies engage in the development, manufacturing, and supply of battery packs for electric buses, providing various technologies and solutions suited to the evolving needs of the public transport sector and contributing to the advancement of electric mobility. Show Less Read more