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Follow on Google News | Italy Electric Bus Charging Station Market Growth and Demand AnalysisThe 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.
By: P&S Intelligence 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 (https://www.psmarketresearch.com/ 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. 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. End
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