Electric Mobility in Commercial Bus & Truck segment is witnessing a positivity across the world market. I hope India will also adapt to electric mobility on a large scale very soon. As the hype on zero-emission is catching up, electric trucks are bound to intensify in our country in the next 2-3 year. Volvo plans to make his debut in North America and Europian markets in 2020. Worldwide Medium & Heavy duty truck segment is an integral part of the freight transport industry. India is no different from this. E-mobility of trucks is expected to happen in this segment in the first phase. We see good movement happening in the bus segment. Indian Government is encouraging the use of electric-powered vehicles across states which is boosting the demand for electric buses in India. The electric bus market in India can be segmented based on
1) Seating Capacity up to 30-seaters, 31-40 seaters and above 40 seaters.
40 seater bus segment has emerged as the key dominating vehicle segment
2) Battery Type
3) Application
4) Bus Length ( 6-8m, 9-12 m & above 12 m)
9-12 m is the major segment
5) Region
Government is supporting to build city mobility by providing subsidy to 40 Seters & 9-12 m bus segments. Currently, North India is the biggest market for electric buses but South India is catching very fast. With the pipeline orders of STU ( state Road Transport Undertaking ), South India will outnumber North India soon.
Goldstone Infratech, Tata Motors, JBM Auto Limited, Foton PMI & Volvo Eicher are the major players in the Electric Bus Segment.
Goldstone is the market leader controlling almost 50% market share. Goldstone K7 & K9 are the most popular electric bus models in the country.
Goldstone Infratech Limited is manufacturing all the electric buses under a partnership with Chinas BYD Auto Industry Co Ltd. BYD is the largest electric vehicle maker in the world.
Partnership, collaboration, technology transfer and customization is the key. Goldstone spent nearly 2 Years with BYD in product customization & product testing and now they have winner products ( HRTC & BEST) are some of their key customers.
Aeolus Tyre is also investing heavily in India, customising world best technology for transporters. When most of the tyre players in the country are manufacturing 1st & 2nd Generation Truck and bus radial tyres Aeolus have successfully launched their latest 3rd Generation truck and bus radial tyres in India.
There is definately a lot to learn about this subject. I really like all of the points you have made. Robena Pepe Newman
Great work! That is the type of information that should be shared around the internet. Jacklin Cleavland Keary