The size of the electric truck market was 135,632 units in 2023, and it will power at a considerable rate of 34.5% by the end of this decade, to reach a total value of 1,074,084 units by 2030. The fuel-based trucks have high maintenance and operating cost, as opposed to the EV trucks. Unlike conventional ones, e- models do not need spark plug...
Showing posts with label Electric Truck Market Size. Show all posts
Showing posts with label Electric Truck Market Size. Show all posts
Exploring the Booming Electric Truck Market: Manufacturers, and Growth Opportunities
In 2022, the electric truck market registered a sale of 86,799 units, which will witness a 38.2% CAGR to reach 1,154,996 units by 2030, as per a report by a market research firm, P&S Intelligence.The BEV category is all set to develop with a higher CAGR, of approximately...
How are Government Policies Driving the Demand for Electric Trucks?
As the air pollutions
levels around the world are increasing, governments of various countries are
imposing various policies and taking initiatives for reducing carbon dioxide
emissions. The transportation industry is among the key contributors to the growing
greenhouse gas...
