The transport sector in Asia is facing a stark bus crisis, highlighted by a contrasting trend compared to other vehicles. Following the Paris Agreement, production figures between 2015 and 2022 reveal a concerning 44% decline in bus manufacturing, while other vehicle production increased by 3%. Imports between 2015 and 2023 further illustrate the disparity, with a 7% growth in bus imports dwarfed by a 53% surge for other vehicles. Despite these challenges, bus registrations between 2015 and 2022 saw a moderate increase of 16%, indicating a growing demand unmet by production and import levels. Meanwhile, other vehicle registrations experienced a substantial 56% rise. This data paints a picture of a bus sector struggling to keep pace with the growing transportation needs in Asia, calling for urgent attention and investment to avoid a deepening crisis.
% Change in Production, Importation, Registration (bus and Other vehicles)
Source: (International Trade Centre, n.d.; OICA, 2024)
Find out more about the associated report here:
Transport Decarbonisation in Asia: A Glass Half-Full or Half-Empty? A Primer for COP-29
Download the report
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