In 2023, the electric bus market in the United States was valued at approximately USD 889.42 million. The market is anticipated to reach around USD 4,513.59 million by 2032, growing at a compound annual growth rate (CAGR) of 19.2% during the 2024–2032 forecast period. The market is anticipated to be driven by the declining costs of lithium-ion (Li-ion) batteries, according to an analysis by Expert Market Research.

Instead of using traditional internal combustion engines (ICE), electric buses, sometimes referred to as e-buses, employ electric motors. Onboard electric motors in these cars use energy from external sources, such as the power grid or batteries.

E-buses, which are widely used in the US, provide environmentally friendly transportation with low emissions, silent operation, and lower maintenance costs. Another choice is hybrid buses, which combine the power of combustion engines and electricity. Electric buses have financial advantages due to lower operating costs in addition to environmental benefits.

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The expansion of the electric bus market in the United States is mostly driven by the falling prices of lithium-ion (Li-ion) batteries, which are an essential part of these vehicles. The country's adoption of electric buses is being mostly driven by growing concerns among local governments and environmental organizations about deteriorating environmental conditions.

Emissions from urban automobiles and a greater focus on sustainable development are the main drivers of this trend. Further driving the growth of the US electric bus market is the implementation of strict pollution control laws throughout the country, which encourage the use of zero-emission automobiles.

Electric Bus Companies Forward

At its West Virginia manufacturing facility, GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) ("GreenPower") completed the production of its first fleet of all-electric school buses in December 2023.

Cabell County, Clay County, Kanawha County, and Monongalia County school districts in West Virginia received the company's Type A Nano BEAST school buses, which are built for zero-emission mobility. GreenPower's dedication to sustainable transportation solutions in the school bus industry is demonstrated by this milestone.

Top 10 Electric Bus Companies in United States 2025

Electric Bus Companies in United States

1. BYD Motors Inc

Established in 1995, BYD is a prominent Chinese high-tech company that is at the forefront of innovations in the fields of renewable energy, automotive, and information technology. Known for being the biggest supplier of rechargeable batteries worldwide, BYD holds substantial market shares in a number of battery categories.

BYD Auto is a leader in innovation and is especially well-known for electric automobiles. With a strong emphasis on green technologies, BYD is reshaping the new energy scene with products that range from electric cars to solar farms. With operations in more than 400 locations in 70 countries on six continents, BYD continues to lead the world in environmentally friendly technologies.

2. Volvo AB

The Volvo Group was founded in 1927 and is a global leader in sustainable infrastructure and transportation solutions. The Group makes vital jobs including transportation, construction, and maritime applications easier with its wide variety of trucks, buses, construction equipment, and power solutions.

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The Volvo Group, which has its headquarters in Gothenburg, Sweden, employs about 104,000 people, operates in almost 190 markets, and had net sales of SEK 473 billion (EUR 44.5 billion) in 2022. It is still a world leader in manufacturing and offers complete finance and service solutions. It is listed on the Nasdaq Stockholm.

3. Truck Holding AG Daimler

As a leader in the commercial vehicle sector for more than a century, Daimler Truck continues to lead the world market. With more than 100,000 employees spread over more than 40 locations globally, the organization is coming up with new ideas to help people who keep the world turning.

With solutions for environmentally friendly, CO2-neutral driving, its portfolio includes well-known brands like Freightliner, Mercedes-Benz, and Western Star. They offer customized financial and vehicle solutions through Daimler Truck Financial Services, guaranteeing dependability and effectiveness for clients all over the world. The goal of Daimler Truck is to enable mobility and deliver things in a safe and effective manner.

4. Hyundai Automobile Corporation

In an effort to provide everyone with freedom of movement, Hyundai Motor Company is branching out from automobile transportation to provide mobility services. The company is promoting hydrogen as a feasible energy source and aiding in the global shift to sustainability with an emphasis on clean energy.

The company boasts a diverse value chain that spans autos, steel, and construction, supported by logistics, finance, IT, and services. It is a part of the Hyundai Motor Group which also comprises Hyundai, Kia.

GENESIS, and several affiliates in industries including construction and finance. Hyundai Motor Group, which employs about 250,000 people, is dedicated to promoting innovation and tackling obstacles in order to create a better future.

5. Proterra Inc

To electrify medium- and heavy-duty trucks, Proterra, a pioneer in electrification solutions, collaborates with manufacturers. With a dedication to sustainability, its cutting-edge battery technology, created in South Carolina and engineered in Silicon Valley, is currently a part of the Volvo Group.

Proterra provides complete fleet solutions, such as energy optimization and charging infrastructure. With more than 1300 battery systems installed and more than 40 million service miles, Proterra is the reliable option for lowering emissions and operating expenses in commercial transportation.

6. Gillig LLC

With its well-known Low Floor platform, GILLIG, America's leading heavy-duty transit bus manufacturer since 1890, provides a variety of clean energy propulsion choices. Crafted by committed American laborers in Livermore, California, each bus is renowned for its affordability and high quality.

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GILLIG's goods, which also encourage job development and community investment, demonstrate the company's dedication to easing traffic and advancing environmental sustainability. GILLIG stands out for its dependable and eco-friendly mass transit systems, with an emphasis on quality and customer satisfaction.

7. Blue Bird Corporation

Blue Bird has led the school bus industry since 1927 and provides a large selection of options and combinations. Serving North America and more than 60 countries globally, Blue Bird employs more than 1,600 people and has facilities in Georgia.

They prioritize creating dependable buses while offering complete financing options through Blue Bird Capital Services, all while remaining dedicated to safety and customer pleasure. With a responsive parts and service distribution network, Blue Bird's commitment to quality, durability, and serviceability guarantees that schoolchildren's safety stays in the forefront of their purpose.

8. Lion Electric Corporation

With a focus on all-electric school buses and city trucks, The Lion Electric Co. is a trailblazing producer of zero-emission automobiles. Lion, a top OEM in North America's transportation electrification, creates and produces a range of vehicle components, putting an emphasis on innovation to satisfy customer demands.

Lion Electric Corporation

Lion, which was founded in 2008 with the goal of transforming school transportation, is spearheading the energy transition in the heavy-duty vehicle sector with the goal of improving society, the environment, and people's quality of life by encouraging the use of electric vehicles.

9. NFI Group Inc

With 450 years of combined experience, NFI is a leader in the electrification of mass mobility worldwide, providing zero-emission coaches, buses, and infrastructure for intelligent urban transportation solutions. NFI, which employs 7,500 people in nine countries and manufactures under well-known brands like New Flyer®, MCI®, and Alexander Dennis Limited, is dedicated to empowering livable communities.

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Over 105,000 buses and coaches are supported globally by NFI, which provides a wide selection of sustainable propulsion options, such as electric, natural gas, and clean diesel. Leading the way in environmentally friendly transportation is NFI, which has the biggest capacity to produce zero-emission buses in both North America and the UK.

10. Motiv Power Systems, Inc

Motiv Power Systems is a leading manufacturer of medium-duty commercial all-electric vehicles and buses, with its headquarters located in the San Francisco Bay Area. Motiv is committed to cutting emissions and running expenses and provides cutting-edge technology, safety features, and all-inclusive fleet solutions.

Established in 2009, they specialize on step vans, shuttle buses, and box trucks, emphasizing zero-emission vehicles for everyday use. They promise a 98% uptime rate and substantial cost savings. Motiv's dedication to electrifying fleets is in line with a vision for a more sustainable and clean world, which will improve customer happiness and operational efficiency while assuring healthier communities.

FAQ's- Electric Bus Companies in United States 2025

In the United States, how many EV buses are there?

In any case, according to Bloembergen data, "about 450 of the nearly 75,000 municipal buses on the road were e-buses" at the end of 2019. The number of zero-emission buses in the US increased by 27% in 2021, reaching 3,533 buses (both on the road and ordered).

Are buses sold in the US by BYD?

In the US, BYD has the largest selection of battery-electric bus and coach models. Discover why consumers around America chose BYD, which is produced by a unionized workforce in Lancaster, California.

Which Japanese companies make electric buses?

The first in a planned series of battery electric vehicle (BEV) flat-floor route buses, known as the "ERGA EV" (short wheelbase urban model), is being introduced in Japan today by Isuzu Motors Limited, which has its headquarters in Yokohama, Kanagawa, Japan, and is led by President and COO Shinsuke Minami.

Which electric bus is the greatest seller?

Mercedes has 405 registrations (+21), BYD-Alexander Dennis has 465 registrations (+24%), while Yutong has 479 registrations (+58% on 2021). Iveco Bus, with 347 registered units, comes in fourth (and still rising).

Which city boasts the world's best metro?

Serving the capital city of Seoul as well as the provinces of Gyeonggi, Incheon, and northern Chungnam, the Seoul Metropolitan Rapid Transit, also known as Seoul Metro, is one of the biggest urban railway networks in the world. Established on August 15, 1974, the Seoul Subway is the world's greatest metro system.