In 2023, the number of alternative energy motor coaches, buses, and trolley buses in Italy stood at 5.44 thousand units. The forecast from 2024 onwards indicates a gradual annual increase, with no significant spikes in growth, averaging a compound annual growth rate (CAGR) of approximately 0.91% over the five-year period through 2028.
Trends to watch for in the future:
- Advancements in battery technology and charging infrastructure could accelerate the adoption rate beyond current forecasts.
- EU policy changes and incentives for green transportation may influence growth significantly.
- Market responses to current trends such as urban congestion and environmental impact awareness could further drive demand.