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Low-carbon transportation is one of the key initiatives amid the drive for net zero by 2050. With regard to the huge business opportunities for the new generation of energy-saving and environmentally friendly vehicles, the sales volume of electric buses has shown a steady growth trend both domestically and internationally. According to a research report by Markets & Markets, the global sales of electric buses continues to grow and is forecast to exceed 670,000 units by 2027, out of which, the Asia-Pacific region will remain the single largest regional market.