Italy Electric Bus Charging Station Market Demand and Trends Report

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Italian Electric Bus Charging Station Market to
Cross 40.0 Million by 2025
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A fund of 4,371.6 million was allocated by the
Italian government to convert the bus fleet in
its major urban and semi-urban pockets to those
running on new energy, such as electricity. The
investment for the period between 2019 and 2033
has been provided considering the strong need to
reduce the emission of greenhouse gases (GHG) and
other toxic gases from vehicles, as they are the
primary culprit in the quickly degrading air
quality in the country. Additionally, the
national government submitted a proposal on an
integrated energy and climate plan to the
European Union in 2018, which puts a special
emphasis on low- or no-emission transport. With
such policies and other financial incentives, the
sale of electric buses will increase
substantially in the country. Moreover, even the
local administrations of Milan, Cagliari, Turin,
and other cities in the nation have set targets
for converting their public transport system to
one which is driven by clean energy. With the
rising sale of electric buses, the Italian
electric bus charging station market is expected
to witness a robust increase in its size, from
12.3 million in 2018, to 44.8 million by 2025,
at a 20.3 CAGR between 2019 and 2025. Also known
as the electric vehicle supply equipment (EVSE),
such systems are required to charge the batteries
of electric buses.
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There are majorly two types of EVSE being
deployed for buses in the country overnight and
opportunity. Of them, overnight charging stations
are more popular in the Italian electric bus
charging station market, as the buses which are
charged by such systems are similar in operation
to diesel buses, which every public and
mass-transit company in Italy is familiar with.
However, in recent times, the popularity of
opportunity charging stations has risen, because
the buses which use these stations have a smaller
battery than those requiring overnight charging.
With a smaller battery, the bus can not only be
made lighter, but cost-effective too. Whether it
is being charged at an overnight or opportunity
station, a bus uses either an on-board charger or
an off-board charger. Of these, the popularity of
off-board chargers is predicted to rise faster in
the coming years, as they too allow bus
manufacturers to cut down on the weight of the
vehicle. Plus, they also allow the automobile to
be charged more quickly than on-board chargers.
Many of the new electric buses being introduced
in the country are compatible with direct current
(DC) fast charging stations, which is another
reason for the burgeoning demand for off-board
chargers. To receive free sample pages of this
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4
The electric bus charging stations being
installed in the country provide power in the
range of less-than 22, 2250, 51150, and
more-than 150 kilowatts (kW). Till now, most
stations in the country have offered 2250 kW of
power, because a lot of the buses in operation or
being launched by automakers in the country are
equipped with DC fast chargers. Quick charging is
ideal for buses which have to travel long
distance, as regular charging stoppages can be a
nuisance to travelers. Thus, with the increasing
procurement of electric buses in Italy, driven by
government subsidies and emission-reduction
policies, the installation rate of EVSE will
continue accelerating in the coming
years. Inquire before purchase_at_
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