Electric Truck Market Share, Size, Global Trends, Forecast Till 2030 – Delvens

Delvens has estimated in global electric truck market research report forecasting to 2028, was valued at around USD 20 billion in 2020, and it is expected to reach USD 44 billion by 2026, and is anticipated to register a CAGR of 14.30 % during the forecast period (2021 – 2028).

The electric truck market covers the latest trends and technological developments in the electrical market, demand of the truck type, application type, and market share of major electric truck manufacturers across the world.

Increasing government initiatives for promotion of e-mobility and stringent emission norms imposed on fossil-fuel powered vehicles are some of the factors that have supported long-term expansion for Electric Truck Market. Also, It will present chances for OEMs to broaden their geographic reach and revenue stream in the market for electric commercial vehicles.