Zero Emission Fleets: The Future of Commercial Transportation is Electric
The transport sector is one of the most significant contributors to GHG emissions globally, owing to which many countries worldwide are focusing on converting the existing fleet of commercial vehicles to zero-emission electric vehicles. With the upcoming government mandates on emissions caused by vehicles, the automotive industry is focusing on efficiency, emission-free propulsion, and innovative...
Electric Commercial Vehicle Market Size, Growth, Share, Trends 2030
The global electric commercial vehicle market size is expected to grow from approximately 519.4 thousand units in 2023 to reach 2,155.1 thousand units by 2030, at a CAGR of 22.5%. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have resulted in automotive OEMs to make fuel-efficient and environment friendly ECVs.
Extensive efforts...
Electric Commercial Vehicle Market Boom in Near Future!
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 129 thousand units in 2020 to reach 2,026 thousand units by 2028, at a CAGR of 41.1%.
Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...
Attractive Opportunities in the Electric Commercial Vehicle Market
The Global Electric Commercial Vehicle Market size is expected to grow from approximately 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles.
OEMs worldwide...