Announced this week, BYD's electric bus orders and deliveries are fulfilled in Spain and Sweden as public transportation shifts to eco-friendly alternatives.
The Municipal Transport Company of Madrid, EMT Madrid, received 30 of BYD's 40-foot eBuses - a popular choice in Europe. This adds to EMT Madrid's pre-existing collection of 15. This shipment marks the largest single order for electric buses in Spain's history. The Transport Company aims to eliminate its diesel-powered fleet by 2023.
In Sweden, Bergkvarabuss ordered 79 of BYD's eBuses, including the Class-II 42-foot, the Class-II 49-foot, and the 39-foot models. BYD, the Chinese automaker, has sold 250 electric buses across Sweden and the Nordic region, but this order marks its first deal with Bergkvarabuss.
Electric European Buses
BYD's Electric Bus Orders and Deliveries are Fulfilled in Spain and Sweden
Trend Themes
1. Increased Demand for Electric Buses - The growth of electric bus orders in Europe suggests a need for more eco-friendly public transportation options, paving the way for innovative electric bus manufacturers.
2. Shift to Sustainable Transportation - The efforts of EMT Madrid to eliminate diesel-powered fleets by 2023 highlights the growing trend towards sustainable transportation, presenting opportunities for companies specializing in eco-friendly transportation solutions.
3. Growing Market for Electric Vehicles - The increasing sales of BYD's electric buses in Sweden and the Nordic region reflects a growing market for electric vehicles globally, signaling a need for further innovation in electric vehicle technology.
Industry Implications
1. Public Transportation - The electric bus orders in Spain and Sweden highlight an opportunity for public transportation companies to transition to eco-friendly alternatives, leading to increased demand for electric buses.
2. Automotive Manufacturing - The growing market for electric vehicles presents an opportunity for automotive manufacturers to invest in innovative electric vehicle technology, creating a competitive advantage within the industry.
3. Renewable Energy - Electric vehicles require renewable energy sources for their operations, presenting opportunities for renewable energy companies in electricity generation, battery manufacturing and charging station infrastructure development.