The invention relates to a side hanging type double-power supply drive rail electric bus which belongs to a novel bus. The side hanging type double-power supply drive rail electric bus comprises a solar lamp, a solar cell panel, a beam, an upper rail, a connecting shaft, a safety hoop, a vibration damping bracket, a vibration damper, a reduction gearbox, a motor, a motor bracket, a keel, a lower lateral wheel, wheel arms, an upper lateral wheel, a hinge, a suspension column, typres, an air spring, a support beam, a guide wheel, a guide rail, a lower rail, overhead girder piers, a bus axle, a bearing seat, a stable shaft and a safety shaft. The electric bus is provided with a novel platform and is configured with a special vehicle rotating device by adopting a modern bus technology and matching with intelligent traffic and operation management. The overhead girder piers are constructed in the center of a road in rows, the rails are vertically expanded at both sides of the overhead girder piers, vehicles are driven in opposite direction on the rails, the vehicles at the bottom are driven without obstruction, and thereby, the efficient space multiplexing on the traditional road is realized; by adopting new energy drive, the zero emission is realized; and the electric bus has the advantages of safety, environmental protection, rapidness and fashion and is the electric bus with high quality, high efficiency, low energy consumption, low cost and zero emission.