Electric Trucks Summary
Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric trucks can largely be cutting down pollution in city transmission.
The global Electric Trucks market will reach Volume Million USD in 2019 and with a CAGR xx% between 2020-2026.
Product Type Coverage Market Size & Forecast, Major Company of Product
A battery-electric truck uses an electric motor to propel the vehicle powered by a high voltage battery. A hybrid electric truck uses both an IC engine and an electric motor to propel the vehicle. The electric truck market is projected to grow owing to factors such as the rising concern for global warming and air pollution along with the federal and state government support to reduce air pollution. The key reasons behind the increasing sales of electric trucks are improved miles driven by the vehicles on a single charge, reduction in charging time, increasing number of charging stations all over the regions, subsidies from the central government on the purchase of electric trucks, and exemption from the highway toll tax.
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Electric Trucks Type etc. :
- Medium-duty Truck
- Heavy-duty Truck
Demand Coverage Market Size & Forecast, Consumer Distribution :
- Logistics
- Municipal
- Others
Company Coverage Sales data, Main Products & Services etc. :
- Dongfeng
- Hino Motors
- Daimler Mitsubishi Fuso
- PACCAR
- Isuzu
- Navistar
- Renault
- BYD
- Smith Electric Vehicles
- Zenith Motors
- Alke XT
- Voltia
Electric Trucks Major Region Market
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
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