Spain electric bus market is estimated to grow at a considerable CAGR during the forecast period. Increasing awareness about green vehicles to reduce the level of greenhouse gases is a major factor to propel the growth of the Spain electric bus market. However, the high cost of electric buses in comparison to other conventional buses is a major factor that may restrict market growth. Technological advancements and growing adoption of high-end batteries to cut down the cost of electronic buses are anticipated to be major growth opportunities for the Spain electric bus market.
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