Product Code: AT 7959
The electric truck market is projected to grow at a CAGR of 29.5%, reaching USD 32,133.4 million by 2032 from USD 5,247.2 million in 2025.
Scope of the Report |
Years Considered for the Study | 2021-2032 |
Base Year | 2024 |
Forecast Period | 2025-2032 |
Units Considered | Volume (Units) |
Segments | Propulsion, Type, Battery Type, Battery Capacity, Level of Automation, End User, and Payload Capacity |
Regions covered | Asia Pacific, North America, Europe, and Middle East & Africa |
The adoption of medium-duty electric trucks is gaining strong momentum, subject to stringent emission regulations and their operational benefits for urban and regional delivery. Cities worldwide are enforcing stricter limits on vehicle emissions to combat air pollution, particularly in dense urban areas where medium-duty trucks are heavily utilized for last-mile delivery and logistics. Electric trucks in this category, typically classified between Class 4 and Class 6, provide a zero-emission solution that aligns with these regulatory goals, especially as governments implement low-emission zones and congestion charges targeting diesel-powered fleets. Moreover, medium-duty electric trucks benefit from reduced noise levels, allowing for off-peak and nighttime deliveries without disturbing residents, which is particularly valuable in metropolitan areas. Companies like Ford, with its E-Transit and F-650 EV models, and BYD, with its 6D and T5 series, have introduced medium-duty electric trucks tailored for urban freight, postal delivery, and field service use cases. These trucks typically range from 150 to 200 miles per charge, which is sufficient for daily urban operations, and they reduce the total cost of ownership through lower fuel and maintenance costs. Fleet operators are increasingly viewing these vehicles as sustainable alternatives and strategic assets that enhance route efficiency, compliance, and corporate ESG goals.
"The above 200 miles segment is anticipated to exhibit the fastest growth during the forecast period."
Electric trucks with a range above 200 miles are expected to exhibit the fastest growth during the forecast period as fleet operators increasingly seek long-range solutions for regional and long-haul logistics. This demand is driven by the need to match or exceed the operational flexibility of traditional diesel trucks, particularly in freight corridors where longer distances and limited charging downtime are critical considerations. Improvements in battery technology, such as high-energy-density lithium-ion and emerging solid-state batteries, are enabling electric trucks to achieve ranges above 200 miles on a single charge. Models like the Tesla Semi (with a reported range of up to 500 miles), the Freightliner eCascadia (with up to 230 miles), and Volvo's VNR Electric (with up to 275 miles) illustrate the shift toward extended-range capabilities. These vehicles are increasingly being adopted for intercity transportation, food & beverage distribution, and middle-mile delivery, where fewer charging interruptions translate to higher productivity and lower total cost of ownership.
The rapid growth in this segment is further supported by significant investment in high-capacity charging infrastructure across major transportation networks. Public-private initiatives in the US, Canada, and Europe are accelerating the deployment of megawatt charging systems (MCS) along freight corridors, making long-range electric trucking more viable. Leading logistics providers such as PepsiCo, Schneider, and DHL are already piloting or operating long-range electric trucks for daily routes above 200 miles. Stricter carbon regulations for long-haul transport, combined with federal and state-level incentives for higher-performance zero-emission vehicles, are also creating favorable conditions for fleet transitions. As range anxiety continues to diminish and battery prices decline, electric trucks with extended range are becoming a strategic asset for fleets aiming to decarbonize operations without compromising logistical reach. This makes the above 200-mile segment the most attractive and fastest-growing within the electric truck market landscape.
"The US is projected to be the largest market for electric trucks in North America during the forecast period."
The US is expected to lead the North American electric truck market during the forecast period. This growth is primarily driven by federal regulations, state-level mandates, and substantial investments in electrification infrastructure. The Environmental Protection Agency (EPA) and Department of Transportation (DOT) have rolled out strict emissions targets for medium- and heavy-duty vehicles, accelerating the shift toward electric alternatives. Meanwhile, states like California, New York, and Washington have enacted the Advanced Clean Trucks (ACT) rule, mandating that an increasing percentage of commercial trucks sold must be zero-emission starting in 2024. Similarly, the Inflation Reduction Act (IRA) provides incentives for commercial EV adoption, including up to USD 40,000 in tax credits per electric truck, creating a cost-effective pathway for fleet operators to transition from diesel to electric. In response, major players such as Tesla, Ford, Rivian, and Freightliner are scaling electric truck production to meet surging demand across urban delivery, regional haulage, and field service applications. The US market is also benefiting from rapidly expanding charging infrastructure and growing participation by large logistics and retail companies in electric fleet deployment. Amazon, Walmart, and FedEx have committed to electrifying their delivery operations, with thousands of electric trucks already in use or on order. Tesla's Semi, Freightliner's eCascadia, and Ford's F-150 Lightning are key models driving adoption in long-haul, heavy-duty, and light-duty segments.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier 1 - 40%, Tier 2 - 42%, OEMs - 18%
- By Designation: CXOs - 57%, Directors - 29%, Others --14%
- By Region: North America - 39%, Europe - 33%, Asia Pacific - 28%
The electric truck market is dominated by players such as BYD (China), AB Volvo (Sweden), Ford Motor Company (US), Daimler Truck AG (Germany), and Dongfeng Motor Corporation (China), among others.
Research Coverage
The report segments the electric truck market and forecasts its size by volume based on propulsion (BEV, PHEV, FCEV), type (light-duty trucks, medium-duty trucks, heavy-duty trucks), battery type (Lithium-Nickel-Manganese-Cobalt Oxide, Lithium-Iron-Phosphate, others), end user (last-mile delivery, long-haul transportation, distribution services, refuse services, field services), range (up to 200 miles, above 200 miles), payload capacity (up to 10,000 lbs, 10,001-26,000 lbs, above 26,000 lbs), level of automation (semi-autonomous, autonomous), battery capacity (<50 kWh, 50-250 kWh, above 250 kWh), and region (North America, Europe, Asia Pacific, and Middle East & Africa). The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall electric truck market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of Key Drivers (declining battery costs, extended electric truck range, government initiatives for commercial vehicles, elevated demand for electric trucks in logistics and commercial sector), Restraints (high initial investment for production, lack of EV charging infrastructure, extended charging duration), Opportunities (development of self-driving truck technology, rapid development in fuel cell technology), and Challenges (insufficient standardization of EV charging infrastructure and low availability of lithium for EV batteries) influencing the growth of the electric truck market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and product & service launches in the electric truck market
- Market Development: Comprehensive information about lucrative markets - the report analyzes the electric truck market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric truck market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BYD (China), AB Volvo (Sweden), Ford Motor Company (US), Rivian (US), Dongfeng Motor Corporation (China), among others in the electric truck market
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
- 1.3.2 INCLUSIONS AND EXCLUSIONS
- 1.3.3 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 UNIT CONSIDERED
- 1.6 STAKEHOLDERS
- 1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 List of secondary sources
- 2.1.1.2 Key data from secondary sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 List of primary participants
- 2.1.2.2 Key data from primary sources
- 2.1.2.3 Breakdown of primary interviews
- 2.1.2.4 Major objectives of primary research
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 DATA TRIANGULATION
- 2.4 FACTOR ANALYSIS
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 RESEARCH LIMITATIONS
- 2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC TRUCK MARKET
- 4.2 ELECTRIC TRUCK MARKET, BY REGION
- 4.3 ELECTRIC TRUCK MARKET, BY TYPE
- 4.4 ELECTRIC TRUCK MARKET, BY BATTERY TYPE
- 4.5 ELECTRIC TRUCK MARKET, BY BATTERY CAPACITY
- 4.6 ELECTRIC TRUCK MARKET, BY RANGE
- 4.7 ELECTRIC TRUCK MARKET, BY END USER
- 4.8 ELECTRIC TRUCK MARKET, BY LEVEL OF AUTOMATION
- 4.9 ELECTRIC TRUCK MARKET, BY PROPULSION
- 4.10 ELECTRIC TRUCK MARKET, BY PAYLOAD CAPACITY
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Declining battery costs
- 5.2.1.2 Government initiatives promoting electric commercial vehicle sales
- 5.2.1.3 Increasing range of electric trucks
- 5.2.1.4 Growing demand for electric trucks in logistics and other industrial sectors
- 5.2.2 RESTRAINTS
- 5.2.2.1 High initial investment for production
- 5.2.2.2 Lack of EV charging infrastructure
- 5.2.2.3 Extended charging duration
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Ongoing development of self-driving truck technology
- 5.2.3.2 Innovations in fuel cell technology
- 5.2.4 CHALLENGES
- 5.2.4.1 Limited availability of lithium for EV batteries
- 5.2.4.2 Inadequate standardization of EV charging infrastructure
- 5.3 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 ECOSYSTEM ANALYSIS
- 5.5 VALUE CHAIN ANALYSIS
- 5.6 REGULATORY LANDSCAPE
- 5.6.1 REGULATORY FRAMEWORK
- 5.6.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.7 PRICING ANALYSIS
- 5.7.1 AVERAGE SELLING PRICING OF ELECTRIC TRUCKS OFFERED BY KEY PLAYERS
- 5.7.2 AVERAGE SELLING PRICING TREND, BY REGION
- 5.8 TRADE ANALYSIS
- 5.8.1 IMPORT SCENARIO (842710)
- 5.8.2 EXPORT SCENARIO (842710)
- 5.9 TECHNOLOGY ANALYSIS
- 5.9.1 KEY TECHNOLOGIES
- 5.9.1.1 Solid-state batteries
- 5.9.1.2 Cell-to-Pack technology
- 5.9.2 COMPLEMENTARY TECHNOLOGIES
- 5.9.2.1 Smart charging systems
- 5.9.3 ADJACENT TECHNOLOGIES
- 5.9.3.1 Autonomous driving
- 5.10 PATENT ANALYSIS
- 5.11 CASE STUDIES
- 5.11.1 BATTERY-ELECTRIC TRUCKS ENHANCE USER EXPERIENCE IN NORWAY
- 5.11.2 FORTESCUE EMPLOYS BATTERY-ELECTRIC TRUCKS FOR MINING OPERATIONS
- 5.11.3 RUAN ADOPTS ELECTRIC TERMINAL TRUCKS FOR LOGISTICS OPERATIONS
- 5.12 BILL OF MATERIALS
- 5.13 INVESTMENT AND FUNDING SCENARIO
- 5.14 TOTAL COST OF OWNERSHIP
- 5.15 OEM SOURCING STRATEGIES
- 5.15.1 FUTURE SOURCING STRATEGIES OF OEMS
- 5.15.2 OEM MOTOR RATING ANALYSIS, BY RANGE
- 5.15.3 COMPETITIVE MARKET ASSESSMENT, BY PAYLOAD CAPACITY
- 5.16 POTENTIAL ELECTRIC TRUCK LAUNCHES BY OEMS
- 5.17 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.17.1 STAKEHOLDERS IN BUYING PROCESS
- 5.17.2 KEY BUYING CRITERIA
- 5.18 KEY CONFERENCES AND EVENTS, 2025-2026
- 5.19 IMPACT OF AI/GEN AI
6 ELECTRIC TRUCK MARKET, BY TYPE
- 6.1 INTRODUCTION
- 6.2 LIGHT-DUTY TRUCKS
- 6.2.1 RISE IN E-COMMERCE VOLUMES AND URBAN DELIVERY NEEDS
- 6.3 MEDIUM-DUTY TRUCKS
- 6.3.1 EXTENSIVE USE IN E-COMMERCE AND INTRA-STATE LOGISTICS
- 6.4 HEAVY-DUTY TRUCKS
- 6.4.1 RAPID FLEET ELECTRIFICATION DUE TO IMPROVED FOCUS ON SUSTAINABILITY
- 6.5 INDUSTRY INSIGHTS
7 ELECTRIC TRUCK MARKET, BY RANGE
- 7.1 INTRODUCTION
- 7.2 UP TO 200 MILES
- 7.2.1 SUITABLE FOR SHORT-HAUL AND MEDIUM-SCALE LOGISTICS
- 7.3 ABOVE 200 MILES
- 7.3.1 RISE OF ELECTRIC TRUCK FLEETS FOR LONG-HAUL TRANSPORTATION
- 7.4 INDUSTRY INSIGHTS
8 ELECTRIC TRUCK MARKET, BY PROPULSION
- 8.1 INTRODUCTION
- 8.2 BEV
- 8.2.1 ACCELERATED FLEET ELECTRIFICATION INCENTIVES
- 8.3 FCEV
- 8.3.1 ONGOING DEVELOPMENTS BY PROMINENT OEMS
- 8.4 PHEV
- 8.4.1 ADVANCEMENTS IN LITHIUM-ION BATTERIES
- 8.5 INDUSTRY INSIGHTS
9 ELECTRIC TRUCK MARKET, BY PAYLOAD CAPACITY
- 9.1 INTRODUCTION
- 9.2 UP TO 10,000 LBS
- 9.2.1 PUSH FOR SUSTAINABLE TRANSPORTATION SOLUTIONS
- 9.3 10,001-26,000 LBS
- 9.3.1 INCREASED FOCUS ON CLEAN MOBILITY
- 9.4 ABOVE 26,000 LBS
- 9.4.1 STRICT EMISSION REGULATIONS AND CORPORATE SUSTAINABILITY INITIATIVES
- 9.5 INDUSTRY INSIGHTS
10 ELECTRIC TRUCK MARKET, BY LEVEL OF AUTOMATION
- 10.1 INTRODUCTION
- 10.2 SEMI-AUTONOMOUS
- 10.2.1 LEVEL 1
- 10.2.1.1 Integration of automated transmissions and dynamic steering systems in electric trucks
- 10.2.2 LEVEL 2 & 3
- 10.2.2.1 Substantial investments by OEMs
- 10.3 AUTONOMOUS
- 10.3.1 LEVEL 4
- 10.3.1.1 Government support for autonomous electric trucks
- 10.3.2 LEVEL 5
- 10.3.2.1 Excellent vehicle safety and reliability
- 10.4 INDUSTRY INSIGHTS
11 ELECTRIC TRUCK MARKET, BY BATTERY TYPE
- 11.1 INTRODUCTION
- 11.2 LITHIUM-NICKEL-MANGANESE-COBALT OXIDE (NMC)
- 11.2.1 ONGOING ADVANCEMENTS IN BATTERY TECHNOLOGY
- 11.3 LITHIUM-IRON-PHOSPHATE (LFP)
- 11.3.1 LOWER COST THAN OTHER BATTERIES
- 11.4 OTHERS
- 11.5 INDUSTRY INSIGHTS
12 ELECTRIC TRUCK MARKET, BY BATTERY CAPACITY
- 12.1 INTRODUCTION
- 12.2 LESS THAN 50 KWH
- 12.2.1 INCREASING CONSUMER AWARENESS OF ZERO-EMISSION VEHICLES
- 12.3 50-250 KWH
- 12.3.1 LARGE-SCALE DEPLOYMENT IN AFFORDABLE ELECTRIC TRUCKS
- 12.4 ABOVE 250 KWH
- 12.4.1 RISING DEMAND FOR ENVIRONMENTALLY FRIENDLY TRANSPORTATION
- 12.5 INDUSTRY INSIGHTS
13 ELECTRIC TRUCK MARKET, BY END USER
- 13.1 INTRODUCTION
- 13.2 LAST-MILE DELIVERY
- 13.2.1 FOCUS ON ELECTRIFICATION OF DELIVERY FLEETS
- 13.3 FIELD SERVICES
- 13.3.1 NEED FOR SUSTAINABLE SOLUTIONS IN FIELD MAINTENANCE
- 13.4 DISTRIBUTION SERVICES
- 13.4.1 HIGH DEMAND FOR ELECTRIC TRUCKS IN LOGISTICS
- 13.5 LONG-HAUL TRANSPORTATION
- 13.5.1 LOGISTICS COMPANIES' INCLINATION TOWARD SUSTAINABLE TRANSPORTATION
- 13.6 REFUSE SERVICES
- 13.6.1 SHIFT IN GLOBAL WASTE MANAGEMENT PRACTICES
- 13.7 INDUSTRY INSIGHTS
14 ELECTRIC TRUCK MARKET, BY REGION
- 14.1 INTRODUCTION
- 14.2 ASIA PACIFIC
- 14.2.1 MACROECONOMIC OUTLOOK
- 14.2.2 CHINA
- 14.2.2.1 Shift toward electric commercial vehicles to reduce vehicular emissions
- 14.2.3 INDIA
- 14.2.3.1 Favorable government initiatives for electric trucks
- 14.2.4 JAPAN
- 14.2.4.1 Advancements in battery technology and EV infrastructure
- 14.2.5 SOUTH KOREA
- 14.2.5.1 Increased investments in commercial electric vehicles
- 14.3 EUROPE
- 14.3.1 MICROECONOMIC OUTLOOK
- 14.3.2 FRANCE
- 14.3.2.1 Comprehensive government incentives and active pilot projects
- 14.3.3 GERMANY
- 14.3.3.1 Significant presence of truck manufacturers and robust government policies
- 14.3.4 NETHERLANDS
- 14.3.4.1 Rising adoption of green commercial vehicles
- 14.3.5 NORWAY
- 14.3.5.1 Robust tax incentives for electric vehicles
- 14.3.6 SWEDEN
- 14.3.6.1 Rapid OEM expansion due to favorable taxation for zero-emission vehicles
- 14.3.7 UK
- 14.3.7.1 Growing investments in ultra-low emission vehicles
- 14.4 NORTH AMERICA
- 14.4.1 MACROECONOMIC OUTLOOK
- 14.4.2 US
- 14.4.2.1 Rigorous developments in electric truck technology
- 14.4.3 CANADA
- 14.4.3.1 Strong regulatory framework and targeted incentives for zero-emission transport
- 14.5 MIDDLE EAST & AFRICA
- 14.5.1 MACROECONOMIC OUTLOOK
- 14.5.2 SOUTH AFRICA
- 14.5.2.1 Inclination toward sustainable transportation
- 14.5.3 EGYPT
- 14.5.3.1 Elevated demand for efficient freight transportation
15 COMPETITIVE LANDSCAPE
- 15.1 INTRODUCTION
- 15.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022-2025
- 15.3 REVENUE ANALYSIS, 2022-2024
- 15.4 MARKET SHARE ANALYSIS, 2024
- 15.5 COMPANY VALUATION AND FINANCIAL METRICS
- 15.6 BRAND/PRODUCT COMPARISON
- 15.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
- 15.7.1 STARS
- 15.7.2 EMERGING LEADERS
- 15.7.3 PERVASIVE PLAYERS
- 15.7.4 PARTICIPANTS
- 15.7.5 COMPANY FOOTPRINT
- 15.7.5.1 Company footprint
- 15.7.5.2 Type footprint
- 15.7.5.3 Propulsion footprint
- 15.7.5.4 Battery type footprint
- 15.7.5.5 Region footprint
- 15.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
- 15.8.1 PROGRESSIVE COMPANIES
- 15.8.2 RESPONSIVE COMPANIES
- 15.8.3 DYNAMIC COMPANIES
- 15.8.4 STARTING BLOCKS
- 15.8.5 COMPETITIVE BENCHMARKING
- 15.8.5.1 List of start-ups/SMEs
- 15.8.5.2 Competitive benchmarking of start-ups/SMEs
- 15.9 COMPETITIVE SCENARIO
- 15.9.1 PRODUCT LAUNCHES/DEVELOPMENTS
- 15.9.2 DEALS
- 15.9.3 EXPANSIONS
- 15.9.4 OTHERS
16 COMPANY PROFILES
- 16.1 KEY PLAYERS
- 16.1.1 AB VOLVO
- 16.1.1.1 Business overview
- 16.1.1.2 Products/Solutions offered
- 16.1.1.3 Recent developments
- 16.1.1.3.1 Product launches/developments
- 16.1.1.3.2 Deals
- 16.1.1.3.3 Expansions
- 16.1.1.3.4 Others
- 16.1.1.4 MnM view
- 16.1.1.4.1 Key strengths
- 16.1.1.4.2 Strategic choices
- 16.1.1.4.3 Weaknesses and competitive threats
- 16.1.2 DAIMLER TRUCK AG
- 16.1.2.1 Business overview
- 16.1.2.2 Products/Solutions offered
- 16.1.2.3 Recent developments
- 16.1.2.3.1 Product launches/developments
- 16.1.2.3.2 Deals
- 16.1.2.3.3 Expansions
- 16.1.2.3.4 Others
- 16.1.2.4 MnM view
- 16.1.2.4.1 Key strengths
- 16.1.2.4.2 Strategic choices
- 16.1.2.4.3 Weaknesses and competitive threats
- 16.1.3 FORD MOTOR COMPANY
- 16.1.3.1 Business overview
- 16.1.3.2 Products/Solutions offered
- 16.1.3.3 Recent developments
- 16.1.3.3.1 Product launches/developments
- 16.1.3.3.2 Deals
- 16.1.3.3.3 Expansions
- 16.1.3.3.4 Others
- 16.1.3.4 MnM view
- 16.1.3.4.1 Key strengths
- 16.1.3.4.2 Strategic choices
- 16.1.3.4.3 Weaknesses and competitive threats
- 16.1.4 DONGFENG MOTOR CORPORATION
- 16.1.4.1 Business overview
- 16.1.4.2 Products/Solutions offered
- 16.1.4.3 Recent developments
- 16.1.4.3.1 Product launches/developments
- 16.1.4.3.2 Deals
- 16.1.4.3.3 Expansions
- 16.1.4.4 MnM view
- 16.1.4.4.1 Key strengths
- 16.1.4.4.2 Strategic choices
- 16.1.4.4.3 Weaknesses and competitive threats
- 16.1.5 RIVIAN
- 16.1.5.1 Business overview
- 16.1.5.2 Products/Solutions offered
- 16.1.5.3 Recent developments
- 16.1.5.3.1 Product launches/developments
- 16.1.5.3.2 Deals
- 16.1.5.3.3 Others
- 16.1.5.4 MnM view
- 16.1.5.4.1 Key strengths
- 16.1.5.4.2 Strategic choices
- 16.1.5.4.3 Weaknesses and competitive threats
- 16.1.6 BYD COMPANY LTD.
- 16.1.6.1 Business overview
- 16.1.6.2 Products/Solutions offered
- 16.1.6.3 Recent developments
- 16.1.6.3.1 Product launches/developments
- 16.1.6.3.2 Deals
- 16.1.6.3.3 Expansions
- 16.1.6.3.4 Others
- 16.1.7 TESLA, INC.
- 16.1.7.1 Business overview
- 16.1.7.2 Products/Solutions offered
- 16.1.7.3 Recent developments
- 16.1.7.3.1 Product launches/developments
- 16.1.7.3.2 Deals
- 16.1.7.3.3 Expansions
- 16.1.7.3.4 Others
- 16.1.8 SCANIA
- 16.1.8.1 Business overview
- 16.1.8.2 Products/Solutions offered
- 16.1.8.3 Recent developments
- 16.1.8.3.1 Product launches/developments
- 16.1.8.3.2 Deals
- 16.1.8.3.3 Expansions
- 16.1.8.3.4 Others
- 16.1.9 PACCAR INC.
- 16.1.9.1 Business overview
- 16.1.9.2 Products/Solutions offered
- 16.1.9.3 Recent developments
- 16.1.9.3.1 Product launches/developments
- 16.1.9.3.2 Deals
- 16.1.9.3.3 Expansions
- 16.1.9.3.4 Others
- 16.1.10 FOTON INTERNATIONAL
- 16.1.10.1 Business overview
- 16.1.10.2 Products/Solutions offered
- 16.1.10.3 Recent developments
- 16.1.10.3.1 Product launches/developments
- 16.1.10.3.2 Deals
- 16.1.10.3.3 Expansions
- 16.1.10.3.4 Others
- 16.1.11 VDL GROEP
- 16.1.11.1 Business overview
- 16.1.11.2 Products/Solutions offered
- 16.1.11.3 Recent developments
- 16.1.11.3.1 Product launches/developments
- 16.1.11.3.2 Deals
- 16.1.11.3.3 Others
- 16.2 OTHER PLAYERS
- 16.2.1 WORKHORSE GROUP
- 16.2.2 TATA MOTORS LIMITED
- 16.2.3 ASHOK LEYLAND
- 16.2.4 ISUZU MOTORS LTD.
- 16.2.5 IRIZAR GROUP
- 16.2.6 IVECO S.P.A
- 16.2.7 BOLLINGER MOTORS
- 16.2.8 XOS TRUCKS, INC.
- 16.2.9 MAN SE
- 16.2.10 KAIYUN MOTORS
- 16.2.11 ZHEJIANG GEELY NEW ENERGY COMMERCIAL VEHICLE GROUP CO., LTD.
- 16.2.12 ORANGE EV
- 16.2.13 HINO MOTORS, LTD.
17 RECOMMENDATIONS
- 17.1 ASIA PACIFIC TO BE KEY MARKET FOR ELECTRIC TRUCKS
- 17.2 RISING ADOPTION OF LIGHT-DUTY ELECTRIC TRUCKS
- 17.3 KEY GROWTH OPPORTUNITIES
- 17.3.1 ADVANCEMENTS IN BATTERY TECHNOLOGY
- 17.3.2 DEMAND FOR LONG-RANGE ELECTRIC TRUCKS
- 17.4 CONCLUSION
18 APPENDIX
- 18.1 INSIGHTS FROM INDUSTRY EXPERTS
- 18.2 DISCUSSION GUIDE
- 18.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 18.4 CUSTOMIZATION OPTIONS
- 18.5 RELATED REPORTS
- 18.6 AUTHOR DETAILS