Electric Trucks Market Analysis, Trends, and Scope 2022 to 2028
Electric Trucks Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 4.59 Billion |
Market Size by 2028 | US$ 26.54 Billion |
Global CAGR (2021 - 2028) | 29.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Propulsion
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Based on the electric trucks market report, players operating in the market are mainly focused on new product launches.
- In early 2021, Volvo Trucks introduced the new Volvo FM electric truck model. This model, with new automated features, offers enhanced visibility for drivers and an integrated electronically controlled brake system.
- In August 2021, Navistar announced the launch of its new fully electric international eMV Series trucks. The eMV trucks are designed to combine medium-duty truck experience with zero emissions and deliver a fully integrated electrified powertrain solution.