The increased use of electric buses, supported by US local, state and federal governments, is set to boost the value of the vehicles' charging station market to $$221.5 millionm by 2025, according to a report by P&S Intelligence. It said the inductive charging station is set to be the fastest-growing type within the sector, while fast-charging is predicted to overtake slow charging as the method of choice. The relatively new electric bus charging station market has already attracted firms including BYD and Siemens Mobility.
The increased use of electric buses, supported by US local, state and federal governments, is set to boost the value of the vehicles' charging station market to $222m by 2025, according to a report by P&S Intelligence. It said the inductive charging station is set to be the fastest-growing type within the sector, while fast-charging is predicted to overtake slow charging as the method of choice. The relatively new electric bus charging station market has already attracted firms including BYD and Siemens Mobility.