Olectra Future Road Map and Financial Snapshot
Industry Overview: Global E-bus penetration
Olectra
Penetration of electric buses across most geographies remains low
E-bus sales across key automobile markets in CY2021
USA
~1000
Europe
China
3,000
Penetration -
85,700
6%
Penetration -
26%
Penetration in key markets is gradually picking up
Trend in fully electric bus sales in key geographies (excluding China)
New e-bus registrations
(in thousands)
4.0
3.0
2.0
3.0
2.0
2.1
LLL
0.8
1.0
0.5
0.6
0.9
0.6
0.6 0.5
1.2
1.0
0.6 0.6
0.2
0.2
0.1 0.1 0.1
0.0
0.0
0.0
CY2015
CY2016
CY2017
CY2018
CY2019
CY2020
CY2021
Europe ■USA ■India
Penetration -
on 1%
Indicates number of e-bus sales
%
Indicates e-bus penetration
India
1,176
Penetration -
4%
Rest of the world
2
924 units
Except for China, globally the penetration in E-bus segment is less than 10%
Source: ICRA Report
8
Penetration of e-buses in other markets, especially Europe, and even India, is picking up on the
back of stricter climate goals
Global e-bus penetration and sales as of CY2020 (excluding China)
Penetration in global bus fleet (excluding China)
Electric Buses
<1%
Buses on diesel & alternate fuels
>99%
E-bus sales as a % of total bus sales (excluding China)
Electric Buses
~6%
Buses on diesel & alternate fuels
~94%
Nevertheless, current penetration levels in geographies excluding China remain low, and a lot of
ground is to be coveredView entire presentation