Forecast: Number of Electric Motor Coaches, Buses and Trolley Buses in Spain

Between 2014 and 2023, the number of electric motor coaches, buses, and trolley buses in Spain exhibited significant fluctuations with a robust growth trend peaking in 2023. Initial years from 2014 saw sporadic growth, with a sharp increase in 2015, followed by a decline in 2016, and moderate growth continuing through 2018. Substantial gains began from 2019, highlighted by a 65.46% increase in 2021 and a 41.74% rise in 2022. As of 2023, there were 582 units, up 27.91% from the previous year, reflecting a 42.23% cumulative annual growth rate (CAGR) over the past five years.

Looking ahead to 2028, forecasts predict continued growth, albeit at a slower pace of 11.62% CAGR, with a 73.29% overall increase, summing up to an estimated 1,240 units. Future trends to watch include dependence on regulatory incentives, technological advancements in battery life and efficiency, and the adoption rate of carbon-neutral public transportation solutions.

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