China Bus Industry Report, 2015-2018 - In 2014, The New Energy Bus Became a New Sport Light in Bus Market, With Sales Volume Hitting 27,000 Vehicles

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Aug 17, 2015, 04:00 ET

DUBLIN, August 17, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/vf3hrn/china_bus) has announced the addition of the "China Bus Industry Report, 2015-2018" report to their offering.

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In 2014-2015, although macro-economy would have certain impact on bus market, city buses, new energy buses, and light-duty buses, which were driven by downstream market, presented a rise in demand, thus leading to growth of overall bus market in China. In 2014, the sales volume of buses (including bus chassis) in China came to 606,900 vehicles, up 8.37% from a year earlier.

In 2014, the new energy bus became a new sport light in bus market, with sales volume hitting 27,000 vehicles, up 160% from a year earlier. In terms of power type, the plug-in hybrid bus gained in popularity in the market with its lower prices and high cost performance. And therefore it accounted for the largest share in new energy bus market, at 47.5% in 2014. Spurred by technology maturity and polices, the battery electric bus developed rapidly, representing 47% in 2014, an increase of 31 percentage points from 2013. However, the ordinary hybrid bus, which was not brought into the national subsidy list, occupied an increasingly lower market share, to 5.5% in 2014. It is expected to gradually withdraw from the market in the future.

Key Topics Covered:

1 Industry Overview

2 Overall Bus Market in China

3 Bus Market Segments in China

4 New Energy Bus Market

5 Bus Industry Chain

6 Major Enterprises

Companies Mentioned