Electric Buses Sales in China
Ending a series of articles on China, i left the juiciest of them to the end, Electric Buses.
In the end of 2015, China had 170.000 of the 173.000 ebuses circulating in the World. That's right, 98% of them were in zooming in The Big Red Giant, which i think says it all about the role of that country on the change happening towards eMobility.
For more on how that came to be, please click here.
But, what about in 2016?
Just focusing on all-electric Buses, sales grew to 115.700 units in 2016, which represents some 20% market share, with Yutong still in the lead, followed by BYD and Nanjing.with the first growing 36% YoY and the second more than 50%.
With this kind of growth and market share, it is expected that China goes all-electric in this category in less than 10 years, maybe five, so it is no wonder that large cities like Shenzen are already envisioning an all-electric 15.000 fleet of Buses...In 2017.