Electric Buses in India: Government funding and policies driving growth

In India, deployment of electric buses has increased from zero in 2017 to 4,647 buses in 2021, reaching an estimated market size of around USD127 million. Around two-thirds of these are midi 9-metre buses and the remaining one-third are standard 12-metre buses. In terms of charging infrastructure, as of August 2022, state road transport corporations (SRTCs) have installed 2,826 public charging stations and oil marketing companies (OMCs) have set up 3,448 charging stations at their retail outlets.

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