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Electric Truck Global Market Report 2025
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Global Electric Truck Market Report 2025

Report Price : $4490.00

Pages : 200

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Electric Truck Global Market Report 2025

By Vehicle Type (Light Duty Electric Truck, Medium Duty Electric Truck, Heavy Duty Electric Truck), By Propulsion (Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle), By Range (Up to 150 Miles, 151-300 Miles, Above 300 Miles), By End-User (Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution Services) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Electric Truck Market Overview

• Electric Truck Global Market Report 2025 market size has reached to $3.99 billion in 2024

• Expected to grow to $26.21 billion in 2029 at a compound annual growth rate (CAGR) of 45.3%

• Growth Driver: Government Incentives Fueling Growth In The Electric Truck Market

• Market Trend: Increasing Popularity Of Self-Driving Electric Trucks

• Western Europe was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Electric Truck Market?

An electric truck refers to a large, motorized vehicle with an open bed designed to transport goods and whose primary propulsion technology is battery-electric or powered by rechargeable batteries alone or hydrogen fuel cell electric or hybrid electric that is powered by batteries and an internal combustion engine.

The main types of electric trucks are light-duty electric trucks, medium-duty electric trucks, and heavy-duty electric trucks. Light-duty electric trucks are those that have gross vehicle weight of up to 8,500 pounds or 3,855 Kg and payload capacities of up to 4000 pounds or 1,815 Kg. The propulsion used in electric trucks is a battery electric vehicle, hybrid electric vehicle, and fuel cell electric vehicle that can cover a range of up to 150 miles, 151-300 miles, and above 300 miles. Electric trucks are used across various applications such as last-mile delivery, long-haul transportation, refuse services, field services, and distribution services.

Electric Truck Market Size and growth rate 2025 to 2029: Graph

What Is The Electric Truck Market Size 2025 And Growth Rate?

The electric truck market size has grown exponentially in recent years. It will grow from $3.99 billion in 2024 to $5.88 billion in 2025 at a compound annual growth rate (CAGR) of 47.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing demand for light-duty trucks, rising penetration of E-Commerce, and reduced cost of EV batteries.

What Is The Electric Truck Market Growth Forecast?

The electric truck market size is expected to see exponential growth in the next few years. It will grow to $26.21 billion in 2029 at a compound annual growth rate (CAGR) of 45.3%. The growth in the forecast period can be attributed to increasing fuel prices, rising government support, and growing and charging infrastructure. Major trends in the forecast period include the use of augmented reality (AR) technology for real-time information, increasing product launches with a focus on medium-duty applications and long-range, increasing investments for expansion of manufacturing capabilities, and focus on strategic partnerships and collaborations for expanding product portfolio and geographic presence.

The forecast of 45.3% growth over the next five years reflects a modest reduction of 1.0% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on heavy-duty EV platforms, cooling systems, and battery enclosures imported from China and South Korea, increasing upfront costs for logistics and fleet operators.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Transport Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the transport sector, particularly in fleet maintenance and logistics operations. Higher duties on imported commercial vehicles, tires, and engine components have increased operational costs for trucking and freight companies, forcing them to raise shipping rates or reduce margins. Airlines and maritime shippers face similar pressures, with tariffs on aircraft parts and shipbuilding materials driving up capital expenditures. Additionally, retaliatory tariffs in key export markets have reduced demand for U.S.-made transportation equipment, further straining revenue streams. The sector must now prioritize fuel efficiency, alternative sourcing, and automation to offset rising expenses while maintaining service reliability.

How Is The Electric Truck Market Segmented?

1) By Vehicle Type: Light Duty Electric Truck, Medium Duty Electric Truck, Heavy Duty Electric Truck

2) By Propulsion: Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle

3) By Range: Upto 150 Miles, 151-300 Miles, Above 300 Miles

4) By End-User: last mile delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution Services

Subsegments:

1) By Light Duty Electric Truck: Electric Vans, Pickup Trucks

2) By Medium Duty Electric Truck: Electric Box Trucks, Electric Delivery Trucks

3) By Heavy Duty Electric Truck: Electric Semi-Trucks, Electric Dump Trucks

What Is Driving The Electric Truck Market? Government Incentives Fueling Growth In The Electric Truck Market

Government incentives and schemes are expected to drive the growth of the electric truck market. Government bodies across the globe are implementing innovative policies and incentive schemes to increase the adoption of electric vehicles across all categories (bikes, autos, cars, and commercial vehicles). The main policies, that are currently driving the EV’s adoption are significant financial incentives for the purchase of LDVs, subsidies for primary purchase, vehicle purchase, and tax rebates on registration as these vehicles control pollution and promote a good environment. For instance, in October 2023, the UK government announced a £246 million (£200 million) investment to accelerate the deployment of zero-emission trucks and drive innovation in the freight sector. This funding will support four green projects aimed at introducing up to 370 zero-emission heavy goods vehicles (HGVs) and establishing around 57 refuelling and electric charging sites. This initiative, part of the zero-emission HGV and infrastructure demonstrator program, seeks to reduce transport emissions—currently accounting for 20% of the UK's total—while creating new jobs and facilitating the transition to net zero for road freight.

What Is Driving The Electric Truck Market? Rising Fuel Prices As Catalysts For Growth In The Electric Truck Market

Increasing fuel prices are expected to drive the growth of the electric truck market. As traditional fuel costs continue to escalate, businesses are increasingly seeking alternatives that offer both economic and environmental benefits. Electric trucks present an attractive solution, as they provide lower operating costs and reduced dependency on fossil fuels, thereby offering a sustainable and cost-effective transportation option. For instance, in August 2022, according to the Bureau of Transportation Statistics, from January to June 2022, the price of regular motor gasoline rose 49% and the price of diesel fuel rose slightly more at 55%. Therefore, the increase in conventional fuel prices drives the electric truck industry.

Who Are The Major Players In The Global Electric Truck Market?

Major companies operating in the electric truck market include BYD Company Limited, AB Volvo, Volkswagen AG, Daimler Truck AG, Paccar Inc., Dongfeng Motor Company, Groupe Renault, Hino Motors, Ltd., Isuzu Motors Ltd, Sany Heavy Industry Co., Ltd, BharatBenz, Ashok Leyland, Olectra Greentech Limited, Zhejiang Geely Holding Group Co., Ltd., SAIC Motor Corp., Ltd., Mitsubishi Electric Corporation, JAC Motors, Mercedes-Benz Group AG, MAN Truck & Bus SE, Drive Electro, Navistar, Lordstown Motors Corporation, Nikola Corporation, Workhorse Group Incorporated, Rivian R1T, Kenworth Truck Company, Mack Trucks, Inc, Freightliner Trucks, Tembici, Yellow, Merkx Electric Cars, Lucid Group Inc, Hitech Electric, Electric Import Motors, E-Moving, Origem, Emirates Global Motor Electric, MellowVans

What Are The Key Trends Of The Global Electric Truck Market? Increasing Popularity Of Self-Driving Electric Trucks

The development of self-driving electric trucks is the key trend gaining popularity in the electric trucks sector. The companies operating in the electric trucks sector are partnering with related technology-based companies to boost their development activities in innovative self-driving truck models. For instance, in January 2022, Pininfarina, an Italy-based design company owned by Mahindra, developed an electric semi-truck in collaboration with Deppway, a subsidiary of Baidu, with a self-drive system. The self-drive system utilizes 11 cameras on board, an infrared detector, radars, and LIDAR sensors.

What Are The Key Trends Of The Global Electric Truck Market? Focus On Medium-Duty And Long-Range Electric Trucks

Companies in the electric truck market are focusing on launching new products with a focus on medium-duty applications and long-range. The launch of new electric trucks is catering to the needs of commercial fleets, logistics companies, and other stakeholders seeking sustainable transportation solutions. For instance, in August 2023, Motiv Power Systems, a US-based company that specializes in medium-duty commercial all-electric trucks and buses, launched a new medium-duty electric truck called Argo. The Argo Series is designed to support all medium-duty applications across Class 4-6, including box trucks, step vans, shuttle buses, and more. The Argo electric truck is designed to provide a zero-emission solution for medium-duty applications.

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Electric Truck Market Merger And Acquisition: Mullen Automotive's Majority Stake In Bollinger Motors Expands Electric Vehicle Market Presence

In September 2022, Mullen Automotive, a US-based EV truck company, acquired Bollinger Motors for an undisclosed amount. Through this acquisition, Mullen owned a majority of Bollinger, and the two businesses are expected to increase their positions in the rapidly expanding markets for electric sport utility and commercial vehicles. Bollinger Motors is an electric truck manufacturer

Regional Outlook For The Global Electric Truck Market

Western Europe was the largest region in the electric truck market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

What Defines the Electric Truck Market?

The electric truck market consists of sales of all-electric vehicles (AEV). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Electric Truck Industry?

The electric truck market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electric truck industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Electric Truck Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $5.88 billion
Revenue Forecast In 2034 $26.21 billion
Growth Rate CAGR of 45.3% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Vehicle Type: Light Duty Electric Truck, Medium Duty Electric Truck, Heavy Duty Electric Truck
2) By Propulsion: Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle
3) By Range: Upto 150 Miles, 151-300 Miles, Above 300 Miles
4) By End-User: Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution Services Subsegments: 1) By Light Duty Electric Truck: Electric Vans, Pickup Trucks
2) By Medium Duty Electric Truck: Electric Box Trucks, Electric Delivery Trucks
3) By Heavy Duty Electric Truck: Electric Semi-Trucks, Electric Dump Trucks
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled BYD Company Limited, AB Volvo, Volkswagen AG, Daimler Truck AG, Paccar Inc., Dongfeng Motor Company, Groupe Renault, Hino Motors, Ltd., Isuzu Motors Ltd, Sany Heavy Industry Co., Ltd, BharatBenz, Ashok Leyland, Olectra Greentech Limited, Zhejiang Geely Holding Group Co., Ltd., SAIC Motor Corp., Ltd., Mitsubishi Electric Corporation, JAC Motors, Mercedes-Benz Group AG, MAN Truck & Bus SE, Drive Electro, Navistar, Lordstown Motors Corporation, Nikola Corporation, Workhorse Group Incorporated, Rivian R1T, Kenworth Truck Company, Mack Trucks, Inc, Freightliner Trucks, Tembici, Yellow, Merkx Electric Cars, Lucid Group Inc, Hitech Electric, Electric Import Motors, E-Moving, Origem, Emirates Global Motor Electric, MellowVans
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Table Of Contents

1. Executive Summary

2. Electric Truck Market Characteristics

3. Electric Truck Market Trends And Strategies

4. Electric Truck Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Electric Truck Growth Analysis And Strategic Analysis Framework

5.1. Global Electric Truck PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Electric Truck Market Growth Rate Analysis

5.4. Global Electric Truck Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Electric Truck Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Electric Truck Total Addressable Market (TAM)

6. Electric Truck Market Segmentation

6.1. Global Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Light Duty Electric Truck

Medium Duty Electric Truck

Heavy Duty Electric Truck

6.2. Global Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Battery Electric Vehicle

Hybrid Electric Vehicle

Fuel Cell Electric Vehicle

6.3. Global Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Upto 150 Miles

151-300 Miles

Above 300 Miles

6.4. Global Electric Truck Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Last Mile Delivery

Long Haul Transportation

Refuse Services

Field Services

Distribution Services

6.5. Global Electric Truck Market, Sub-Segmentation Of Light Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Vans

Pickup Trucks

6.6. Global Electric Truck Market, Sub-Segmentation Of Medium Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Box Trucks

Electric Delivery Trucks

6.7. Global Electric Truck Market, Sub-Segmentation Of Heavy Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Electric Semi-Trucks

Electric Dump Trucks

7. Electric Truck Market Regional And Country Analysis

7.1. Global Electric Truck Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Electric Truck Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Electric Truck Market

8.1. Asia-Pacific Electric Truck Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Electric Truck Market

9.1. China Electric Truck Market Overview

9.2. China Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Electric Truck Market

10.1. India Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Electric Truck Market

11.1. Japan Electric Truck Market Overview

11.2. Japan Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Electric Truck Market

12.1. Australia Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Electric Truck Market

13.1. Indonesia Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Electric Truck Market

14.1. South Korea Electric Truck Market Overview

14.2. South Korea Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Electric Truck Market

15.1. Western Europe Electric Truck Market Overview

15.2. Western Europe Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Electric Truck Market

16.1. UK Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Electric Truck Market

17.1. Germany Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Electric Truck Market

18.1. France Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Electric Truck Market

19.1. Italy Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Electric Truck Market

20.1. Spain Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Electric Truck Market

21.1. Eastern Europe Electric Truck Market Overview

21.2. Eastern Europe Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Electric Truck Market

22.1. Russia Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Electric Truck Market

23.1. North America Electric Truck Market Overview

23.2. North America Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Electric Truck Market

24.1. USA Electric Truck Market Overview

24.2. USA Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Electric Truck Market

25.1. Canada Electric Truck Market Overview

25.2. Canada Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Electric Truck Market

26.1. South America Electric Truck Market Overview

26.2. South America Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Electric Truck Market

27.1. Brazil Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Electric Truck Market

28.1. Middle East Electric Truck Market Overview

28.2. Middle East Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Electric Truck Market

29.1. Africa Electric Truck Market Overview

29.2. Africa Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Electric Truck Market Competitive Landscape And Company Profiles

30.1. Electric Truck Market Competitive Landscape

30.2. Electric Truck Market Company Profiles

30.2.1. BYD Company Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.2. AB Volvo Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Volkswagen AG Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Daimler Truck AG Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Paccar Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Electric Truck Market Other Major And Innovative Companies

31.1. Dongfeng Motor Company

31.2. Groupe Renault

31.3. Hino Motors, Ltd.

31.4. Isuzu Motors Ltd

31.5. Sany Heavy Industry Co., Ltd

31.6. BharatBenz

31.7. Ashok Leyland

31.8. Olectra Greentech Limited

31.9. Zhejiang Geely Holding Group Co., Ltd.

31.10. SAIC Motor Corp., Ltd.

31.11. Mitsubishi Electric Corporation

31.12. JAC Motors

31.13. Mercedes-Benz Group AG

31.14. MAN Truck & Bus SE

31.15. Drive Electro

32. Global Electric Truck Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Electric Truck Market

34. Recent Developments In The Electric Truck Market

35. Electric Truck Market High Potential Countries, Segments and Strategies

35.1 Electric Truck Market In 2029 - Countries Offering Most New Opportunities

35.2 Electric Truck Market In 2029 - Segments Offering Most New Opportunities

35.3 Electric Truck Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Electric Truck Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Electric Truck Market, Sub-Segmentation Of Light Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Electric Truck Market, Sub-Segmentation Of Medium Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Electric Truck Market, Sub-Segmentation Of Heavy Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Electric Truck Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Electric Truck Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: BYD Company Limited Financial Performance
  • Table 79: AB Volvo Financial Performance
  • Table 80: Volkswagen AG Financial Performance
  • Table 81: Daimler Truck AG Financial Performance
  • Table 82: Paccar Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Electric Truck Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Electric Truck Market, Sub-Segmentation Of Light Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Electric Truck Market, Sub-Segmentation Of Medium Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Electric Truck Market, Sub-Segmentation Of Heavy Duty Electric Truck, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Electric Truck Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Electric Truck Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Electric Truck Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Electric Truck Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Electric Truck Market, Segmentation By Range, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: BYD Company Limited Financial Performance
  • Figure 79: AB Volvo Financial Performance
  • Figure 80: Volkswagen AG Financial Performance
  • Figure 81: Daimler Truck AG Financial Performance
  • Figure 82: Paccar Inc. Financial Performance

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Frequently Asked Questions

An electric truck refers to a large, motorized vehicle with an open bed designed to transport goods and whose primary propulsion technology is battery-electric or powered by rechargeable batteries alone or hydrogen fuel cell electric or hybrid electric that is powered by batteries and an internal combustion engine. For further insights on this market, request a sample here

The market major growth driver - Government Incentives Fueling Growth In The Electric Truck Market. For further insights on this market, request a sample here

The electric truck market size has grown exponentially in recent years. It will grow from $3.99 billion in 2024 to $5.88 billion in 2025 at a compound annual growth rate (CAGR) of 47.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing demand for light-duty trucks, rising penetration of e-commerce, and reduced cost of EV batteries. The electric truck market size is expected to see exponential growth in the next few years. It will grow to $26.21 billion in 2029 at a compound annual growth rate (CAGR) of 45.3%. The growth in the forecast period can be attributed to increasing fuel prices, rising government support, and growing and charging infrastructure. Major trends in the forecast period include the use of augmented reality (AR) technology for real-time information, increasing product launches with a focus on medium-duty applications and long-range, increasing investments for expansion of manufacturing capabilities, and focus on strategic partnerships and collaborations for expanding product portfolio and geographic presence. For further insights on this market, request a sample here

The electric truckmarket covered in this report is segmented –
1) By Vehicle Type: Light Duty Electric Truck, Medium Duty Electric Truck, Heavy Duty Electric Truck
2) By Propulsion: Battery Electric Vehicle, Hybrid Electric Vehicle, Fuel Cell Electric Vehicle
3) By Range: Upto 150 Miles, 151-300 Miles, Above 300 Miles
4) By End-User: Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution Services Subsegments:
1) By Light Duty Electric Truck: Electric Vans, Pickup Trucks
2) By Medium Duty Electric Truck: Electric Box Trucks, Electric Delivery Trucks
3) By Heavy Duty Electric Truck: Electric Semi-Trucks, Electric Dump Trucks For further insights on this market, request a sample here

Western Europe was the largest region in the electric truck market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electric truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the electric truck market include BYD Company Limited, AB Volvo, Volkswagen AG, Daimler Truck AG, Paccar Inc., Dongfeng Motor Company, Groupe Renault, Hino Motors, Ltd., Isuzu Motors Ltd, Sany Heavy Industry Co., Ltd, BharatBenz, Ashok Leyland, Olectra Greentech Limited, Zhejiang Geely Holding Group Co., Ltd., SAIC Motor Corp., Ltd., Mitsubishi Electric Corporation, JAC Motors, Mercedes-Benz Group AG, MAN Truck & Bus SE, Drive Electro, Navistar, Lordstown Motors Corporation, Nikola Corporation, Workhorse Group Incorporated, Rivian R1T, Kenworth Truck Company, Mack Trucks, Inc, Freightliner Trucks, Tembici, Yellow, Merkx Electric Cars, Lucid Group Inc, Hitech Electric, Electric Import Motors, E-Moving, Origem, Emirates Global Motor Electric, MellowVans . For further insights on this market, request a sample here.

Major trends in this market include Increasing Popularity Of Self-Driving Electric Trucks. For further insights on this market, request a sample here.

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Global Electric Truck Market Report 2025

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