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April electric bus market stable, some optimism for healthy growth

In the first four months of 2018, electric bus sales grew 11 times compared to the same period last year. In particular, 10-m and 8-m buses took up 47 and 37 percent of the market respectively. These have been a hallmark of the electric bus market this year.

According to the newest data obtained by cvworld.cn, a total of 6,594 electric buses were produced in April, up 1,359 percent year-over-year. This is the fourth month in a row of astounding growth, following a 351 percent increase in March, net increase in February, and 79 percent increase in January. Cumulative production in the first four months of 2018 reached 12,900 units, more than 10 times the 1,100 units produced in the same previous period.

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