A new global study finds that the market for electric school buses is set to grow from about USD 35.5 billion in 2024 to USD 335.3 billion by 2033, with an annual growth rate of around 28%.
This growth is driven by:
Governments offering more grants and incentives to move away from diesel buses.
Better and more affordable battery and charging technologies.
A growing focus on health and sustainability — less air pollution, quieter rides, and improved student safety.
In short, the future looks bright for school districts choosing electric buses. With more districts adopting this technology, the industry is moving toward cleaner, safer student transportation worldwide.
Source: IMARC Group via OpenPR press release, Oct. 2025
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