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South Korea Electric Bus Market Size, Industry Trends, Share and Forecast 2019-2025

South Korea Electric Bus Market Size, Industry Trends, Share and Forecast 2019-2025

Submitted by • May 14, 2020 www.omrglobal.com

South Korea electric bus market is estimated to grow at a significant CAGR during the forecast period. The rapidly increasing urbanization of South Korea demanding improvement in public transport along with cohesive government plan to do electrification of public transport is one of the major factors to drive the growth of the South Korea electric bus market. According to President Moon Jae-in, South Korea aims to secure a market share of 10% in the global electric vehicle market by 2030.

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