Latin America Electric Bus Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Latin America electric bus market is segmented by Vehicle Type (Battery Electric and Plug-In Hybrid Electric), and by Consumer Type (Government and Fleet Operators), and by Geography.

Latin America Electric Bus Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Latin America Electric Bus Industry Overview

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

  1. Zhongtong Bus Holding Co., Ltd

  2. Zhengzhou Yutong Bus Co., Ltd.

  3. BYD Auto Co., Ltd.

  4. King Long United Automotive Industry Co., Ltd

  5. Daimler AG

  6. *Disclaimer: Major Players sorted in no particular order
Advanced Power Vehicles, Higer Bus,  Zhongtong Bus Holding Co., Ltd, Zhengzhou Yutong Bus Co., Ltd., King Long United Automotive Industry Co., Ltd