Automotive Industry
The United States electric bus market reached a value of US$ 1.9 Billion in 2023. As per the analysis by IMARC Group, the top United States electric bus companies focus on providing better customer service. The United States electric bus market has witnessed significant growth in recent years, primarily driven by the efforts of various electric bus companies operating in the country. These companies have played a crucial role in advancing the adoption and development of electric buses, which offer numerous environmental and economic benefits compared to traditional diesel buses. One of the key factors driving the growth of the electric bus market in the United States is the presence of pioneering companies. These companies develop technologically advanced and efficient electric buses for transit agencies across the country. With a strong focus on sustainability and innovation, these companies have been instrumental in raising awareness about the benefits of electric buses and showcasing their potential. The top companies have established manufacturing facilities in the country and have partnered with numerous transit agencies to deploy electric buses in various cities. Government support and favorable policies have also played a crucial role in driving the electric bus market in the United States. The federal government and state and local authorities have implemented incentives and grants to encourage the transition to electric buses. These initiatives have provided financial support to transit agencies and operators, making it more economically viable to invest in electric buses. Furthermore, public awareness and environmental consciousness have increased significantly in recent years, prompting transit agencies to explore sustainable alternatives to traditional diesel buses. Electric buses offer zero-emission transportation, reducing air pollution and improving urban areas' overall quality of life. As a result, transit agencies are actively seeking electric bus options, thereby creating a growing demand that electric bus companies are addressing. On account of these factors, the market is expected to reach US$ 5.8 Billion by 2032, exhibiting a growth rate (CAGR) of 12.9% during 2024-2032.
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The United States electric bus market has several major players, including Blue Bird Corporation, BYD Motors Inc., Gillig LLC, GreenPower Motor Company Inc., Motiv Power Systems Inc., New Flyer of America Inc. (NFI Group Inc), Proterra Inc., REV Group Inc., The Lion Electric Co. USA, Thomas Built Buses Inc. (Mercedes-Benz Group AG), and Volvo Group North America LLC (AB Volvo), More information about these companies has been provided below.
Establishment: |
1932 |
Headquarters: |
Georgia, United States |
Website: |
https://www.blue-bird.com/ |
Based in Fort Valley, Georgia, the Blue Bird Corporation, formerly the Blue Bird Body Company, is an American bus manufacturer. Blue Bird primarily focuses on school buses, pupil activity buses (SPAB), and specialty vehicle derivatives. While the company is renowned for producing school buses, it has also manufactured many other bus types, including transit buses, motorhomes, and specialized vehicles such as mobile libraries and police command centers. Blue Bird's commitment to manufacturing reliable and safe school buses has solidified its reputation in the industry. The company has continually evolved its bus designs to incorporate advanced safety features, including enhanced driver visibility, reinforced construction materials, and state-of-the-art onboard technologies. In addition, blue Bird's school buses adhere to stringent safety standards, providing peace of mind to parents, schools, and communities. The company's dedication to innovation, quality, and customer satisfaction has propelled its success in the market. As Blue Bird continues to prioritize the production of school buses, SPABs, and specialty vehicles, it remains committed to meeting the evolving needs of transportation, education, and public safety sectors.
Establishment: |
1995 |
Headquarters: |
Shenzhen, China |
Website: |
https://en.byd.com/ |
BYD is a distinguished electric vehicle (EV) manufacturer renowned for its mastery of battery technology, electric motors, and vehicle control systems. The company's proprietary Iron-Phosphate batteries are the foundation of its operations, delivering safe and reliable power to all its vehicles and energy storage systems. BYD's overarching mission is to revolutionize the world by creating a comprehensive, zero-emission ecosystem fueled by clean energy, effectively reducing global dependence on petroleum. The company's innovative products have earned leading positions across various sectors. These include battery-electric automobiles, buses, medium- and heavy-duty trucks, and forklifts. With a diverse portfolio of cutting-edge solutions, BYD continues to push the boundaries of technological advancement in the electric transportation and renewable energy sectors. The company's unwavering commitment to sustainability and relentless pursuit of innovation has positioned BYD as a key player in the global shift toward a cleaner and more sustainable future.
Establishment: |
1890 |
Headquarters: |
California, USA |
Website: |
https://www.gillig.com/ |
Gillig is an esteemed American bus designer and manufacturer. The company holds a significant market share in the heavy-duty transit bus manufacturing industry in the United States and Canada, measured by the number of equivalent unit deliveries. Since its inception, the company has demonstrated a commitment to excellence in bus manufacturing, earning a respected status in the industry. Today, Gillig continues to uphold its legacy as a trusted bus manufacturer. The company remains dedicated to delivering high-quality transit buses that meet the evolving needs of transportation agencies and communities across North America.
Establishment: |
2010 |
Headquarters: |
Vancouver, Canada |
Website: |
https://greenpowermotor.com/ |
GreenPower Motor Company Inc. is a prominent electric bus manufacturer and distributor based in North America. The company offers a diverse range of zero-emission models, including transit buses, school buses, and double-decker buses. As a leading electric bus manufacturer, GreenPower Motor Company Inc. is at the forefront of providing sustainable transportation solutions. Its commitment to zero-emission vehicles aligns with the growing global focus on reducing greenhouse gas emissions and transitioning to cleaner energy sources. By offering a wide range of electric buses, including those tailored for transit and school transportation, as well as double-decker options, GreenPower addresses the diverse needs of its customers. With its strategic locations across North America, GreenPower is well-positioned to meet the demands of the electric bus market. With its comprehensive portfolio of zero-emission models and a robust network of subsidiaries, the company remains dedicated to providing its customers with innovative and environmentally friendly mobility solutions.
Establishment: |
2009 |
Headquarters: |
California, USA |
Website: |
https://www.motivps.com/ |
Motiv Power Systems Inc. is a leading provider of advanced electric powertrain solutions for medium-duty trucks and buses. It is dedicated to revolutionizing the transportation industry by offering sustainable and efficient electric vehicle technology. The company specializes in designing and integrating electric powertrains into existing chassis platforms, including the motor, controller, and battery system. Their innovative approach allows fleet operators to electrify their vehicles without purchasing new electric vehicles from scratch. This not only reduces costs but also helps in the transition to a greener and cleaner transportation ecosystem. It has developed an impressive track record, successfully deploying its electric powertrain technology across various applications such as delivery trucks, shuttle buses, and school buses. As a result, their solutions have been adopted by major fleet operators and government agencies across the United States, enabling them to reduce their carbon footprint and improve air quality. With a strong commitment to sustainability, Motiv Power Systems plays a crucial role in electrifying commercial vehicles and addressing the environmental challenges associated with traditional internal combustion engines.
Establishment: |
2005 |
Headquarters: |
Winnipeg, Canada |
Website: |
https://www.nfigroup.com/ |
New Flyer of America Inc., a subsidiary of NFI Group Inc., is a leading manufacturer of transit buses in North America. It has been at the forefront of innovating and delivering sustainable transportation solutions. It is renowned for its commitment to manufacturing high-quality, low-emission buses that meet the evolving needs of transit agencies and communities. The company specializes in producing electric, hybrid, and clean diesel buses, addressing the pressing environmental concerns associated with traditional combustion engines. New Flyer has consistently focused on research and development to enhance the performance and efficiency of its vehicles. The company is actively integrating cutting-edge technologies, such as advanced driver assistance systems (ADAS) and smart city connectivity, into their buses, making them safer, more sustainable, and better connected.
Establishment: |
2004 |
Headquarters: |
California, USA |
Website: |
https://www.proterra.com/ |
Proterra is a California-based automotive and energy storage company that designs and produces battery electric transit buses, battery systems, and charging solutions for heavy-duty vehicles. It is at the forefront of the electric transportation industry, providing innovative and sustainable solutions for public transit. Their product portfolio includes state-of-the-art battery electric transit buses offering zero-emission transportation, reducing carbon emissions, and improving city air quality. In addition to manufacturing buses, it supplies battery systems to other heavy-duty vehicle builders, enabling them to electrify their fleets. Furthermore, Proterra develops and deploys charging systems tailored to the needs of heavy-duty vehicle fleets. These charging solutions are designed to optimize vehicle uptime and efficiency, ensuring seamless operation and reducing downtime for charging.
Establishment: |
2010 |
Headquarters: |
Wisconsin, USA |
Website: |
https://revgroup.com/ |
REV Group Inc. is a prominent manufacturer of specialty vehicles, encompassing various industries such as fire and emergency, commercial, recreational, and specialty transportation. The company's portfolio includes renowned brands like E-ONE, KME, Ferrara, Spartan Emergency Response, and many more. REV Group's vehicles are designed to meet the specific needs of their respective industries, whether it's fire and emergency vehicles, commercial buses, RVs, or mobility solutions. One of the company's notable strengths lies in its commitment to customization. The company works closely with customers to understand their unique requirements and delivers vehicles tailored to their specifications. This customer-centric approach has earned REV Group a reputation for excellence in craftsmanship and attention to detail. It has also embraced sustainability and technological advancements in its vehicle offerings.
Establishment: |
2011 |
Headquarters: |
Quebec, Canada |
Website: |
https://thelionelectric.com/ |
The Lion Electric Co. USA is a renowned manufacturer of all-electric medium and heavy-duty vehicles, specializing in electric school buses and commercial trucks. It is committed to providing sustainable transportation solutions that reduce greenhouse gas emissions and improve air quality. Their trucks have cutting-edge battery technology, enabling efficient and reliable transportation while minimizing environmental impact. The Lion Electric Co. USA has gained significant traction in the market due to its commitment to quality, safety, and environmental sustainability. Their vehicles are known for their durability, advanced features, and cost-effectiveness. The company's focus on providing comprehensive charging solutions and after-sales support further strengthens its position as a leading electric vehicle manufacturer.
Establishment: |
1916 |
Headquarters: |
North Carolina, USA |
Website: |
https://thomasbuiltbuses.com/ |
Thomas Built Buses Inc., a subsidiary of Mercedes-Benz Group AG, is a prominent manufacturer of school buses in North America. With a strong legacy from 1916, it has established itself as a trusted name in the industry, known for its commitment to safety, reliability, and innovation. It produces many school buses, including conventional, transit-style, and electric models. Their buses are designed with a focus on student safety, incorporating features such as advanced chassis design, extensive crash testing, and state-of-the-art technology to ensure secure transportation for students. As part of the Mercedes-Benz Group AG, Thomas Built Buses benefits from the expertise and resources of a global automotive leader. This collaboration allows them to integrate cutting-edge technology and sustainable solutions into their vehicles, further enhancing their performance and environmental footprint. It has also made significant strides in the electrification of school buses.
Establishment: |
1998 |
Headquarters: |
North Carolina, USA |
Website: |
https://www.volvogroup.com/en-en/north-america.html |
Volvo Group North America LLC, a subsidiary of AB Volvo, is a prominent provider of commercial vehicles, engines, and related services in North America. Their vehicles are renowned for their durability, advanced technology, and fuel efficiency, addressing the evolving transportation, construction, and logistics needs. It is committed to sustainability and has made significant strides in developing electric and hybrid vehicle solutions. In addition, they actively promote energy efficiency, alternative fuels, and reduced emissions to contribute to a greener and more sustainable future. The company's dedication to safety is another hallmark of its brand. Volvo Group North America prioritizes driver and road user safety by integrating advanced safety features, such as collision mitigation systems and driver assistance technologies, into their vehicles. As a global leader in the transportation industry, Volvo Group North America, under AB Volvo, continues to drive innovation, set industry standards, and contribute to advancing sustainable and efficient transportation solutions in North America and beyond.
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About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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