Table of Content - Electric Truck Market

Electric trucks can be used in various applications and are more efficient than trucks with combustion engines. In fact, they only consume 64-75% of the energy that combustion engines use when driving and idling. This is great news for companies looking to decrease operating costs and reduce emissions. The adoption of electric trucks is happening quickly. In fact, many truck manufacturers now offer electric versions of their vehicles and fleet owners are experimenting with using them in the short and long-haul. This includes large freight haulers and warehouses as well as trucking start-ups and private equity firms. There is also a growing community of e-truck providers that is providing the charging infrastructure to support this movement.

Market Dynamics

Governments around the world are implementing progressive policies and incentivizing initiatives to encourage EV adoption. This is anticipated to propel the market growth in the coming years. In addition, stringent emission norms imposed on fossil fuel powered commercial vehicles are driving manufacturers to switch over to electric trucks.

However, lack of charging infrastructure is expected to hinder the market growth. Nonetheless, rapid advancement in electric vehicle battery technology and rising demand for electric trucks from the logistics sector are anticipated to offer significant opportunities for players in the global electric truck market.

Key features of the study

This report provides in-depth analysis of the global electric truck market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period 2026-2033, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electric truck market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AB Volvo, Workhorse, BYD Company Ltd., Tesla, Daimler AG, Scania AB, Tata Motors, Rivian, Dongfeng Motor Group Co., Ltd., Man SE.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global electric truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric truck market

Market Segmentation

Global Electric Truck Market, By Propulsion
- Battery electric vehicle
- Hybrid electric vehicle
- Plug-in hybrid electric vehicle
- Fuel cell electric vehicle
Global Electric Truck Market, By Vehicle type
- Light-duty electric truck
- Medium-duty electric truck
- Heavy-duty electric truck
Global Electric Truck Market, By Range
- 0-150 miles
- 151-300 miles
- 300 miles above
Global Electric Truck Market, By Regional
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- AB Volvo
- Workhorse
- BYD Company Ltd.
- Tesla
- Daimler AG
- Scania AB
- Tata Motors
- Rivian
- Dongfeng Motor Group Co., Ltd.
- Man SE

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snapshot, By Propulsion
  - Market Snapshot, By Vehicle type
  - Market Snapshot, By Range
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
    - Rise in government initiatives promoting e-mobility
    - Stringent regulations around emissions from fossil-fuel powered vehicles
  - Restraints
    - Lack of charging infrastructures
    - High cost of electric trucks
  - Opportunities
    - Growing demand from logistics sector
    - Increasing technological advancements in batteries
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
Global Electric Truck Market , By Propulsion, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 – 2032
  - Segment Trends
- Battery electric vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Hybrid electric vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Plug-in hybrid electric vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Fuel cell electric vehicle
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
Global Electric Truck Market , By Vehicle type, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021– 2032
  - Segment Trends
- Light-duty electric truck
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Medium-duty electric truck
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- Heavy-duty electric truck
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
Global Electric Truck Market , By Range, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021– 2032
  - Segment Trends
- 0-150 miles
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- 151-300 miles
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
- 300 miles above
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(USD Bn)
Global Electric Truck Market , By Region, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, By Country, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, For Country 2021–2032
  - Country Trends
- North America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Propulsion, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle type, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Range, 2020-2032,(USD Bn)
- Europe
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Propulsion, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle type, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Range, 2020-2032,(USD Bn)
- Asia Pacific
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Propulsion, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle type, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Range, 2020-2032,(USD Bn)
- Latin America
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Propulsion, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle type, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Range, 2020-2032,(USD Bn)
- Middle East & Africa
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, By Propulsion, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Vehicle type, 2020-2032,(USD Bn)
  - Market Size and Forecast, and Y-o-Y Growth, By Range, 2020-2032,(USD Bn)
Competitive Landscape
- AB Volvo
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- BYD Company Ltd
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Daimler AG
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Tata Motors
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Dongfeng Motor Group Co., Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Man SE
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Rivian
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Scania AB
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Tesla
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Workhorse
  - Company Highlights
  - Product Portfolio
  - Key Highlights
  - Financial Performance
  - Strategies
- Analyst Views
Section
- Research Methodology
- About us

*Browse 24 market data tables and 28 figures on “Global Electric Truck Market” - Global forecast to 2032

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