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Report
Electric commercial vehicle Market Research Report Information by Propulsion (BEV, PHEV, FCEV) By Component (Electric Motor, Electric Vehicle Battery, Hydrogen Fuel Cell, Others) By Vehicle Type (Bus, Truck, Others), And by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) -Forecast Till 2030
Market Report I 2024-06-17 I 134 Pages I Market Research Future
Electric commercial vehicle Market Research Report Information by Propulsion (BEV, PHEV, FCEV) By Component (Electric Motor, Electric Vehicle Battery, Hydrogen Fuel Cell, Others) By Vehicle Type (Bus, Truck, Others), And by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) -Forecast Till 2030
Market Overview
The global electric commercial vehicle market industry is expected to increase at a compound annual growth rate (CAGR) of 20.87% over the forecast period.
Several factors are predicted to drive considerable growth in the electric commercial vehicle market throughout the forecast period. Key factors driving the growth of the Electric Commercial Vehicle Market are government initiatives to encourage the adoption of electric commercial vehicles and low operating costs. However, obstacles such as inadequate charging infrastructure, poor aftermarket services, and high battery prices and capacity are projected to hinder market growth. On the other hand, increased logistical activity and demand within fleets present attractive potential for the global industry.
Governments and state governments in several nations are launching programs to raise awareness about the use of electric commercial vehicles in order to reduce the negative impact on the environment and foreign exchange reserves. For example, the International Council on Clean Transportation is collaborating on Zero Emission Vehicle regulations, progressive electric utility policies, increased model availability and marketing, consumer rebates, access to carpool lanes on congested highways, extensive electric vehicle charging infrastructure, access to high-occupancy vehicle lanes, and continued growth of local electric vehicle promotions. This is because crude oil prices are steadily growing.
Market Segment insights
The Electric Commercial Vehicle Market is segmented by propulsion, including BEV, PHEV, and FCEV.
The market is segmented by component, which include electric motors, electric vehicle batteries, hydrogen fuel cells, and others.
The Electric commercial vehicle Market is segmented by vehicle type, which includes buses, trucks, and others.
Regional insights
In terms of revenue, Asia Pacific had the highest share of the Electric commercial vehicle market in 2022, accounting for 55.8%, and is likely to keep that position throughout the forecast period. Asia-Pacific is the greatest market for electric commercial vehicles. The Asia-Pacific electric commercial vehicle market is also rapidly expanding, driven by a combination of government efforts, environmental restrictions, and rising demand for sustainable transportation options. Electric commercial vehicles include trucks, buses, and vans that run on electricity rather than traditional fossil fuels such as diesel or gasoline. China is now the Asia Pacific region's largest market for electric commercial vehicles, with the government supporting their adoption as part of its efforts to reduce air pollution and carbon emissions.
In North America, the market for electric commercial vehicles (ECVs) is rapidly developing as corporations and governments attempt to reduce emissions and improve transportation sustainability. ECVs encompass a variety of vehicle types, including delivery trucks, vans, buses, and other fleet vehicles. Over the last few years, there has been an increase in the number of electric commercial cars entering the North American market. For example, in December 2022, Tesla introduced its Semi electric truck, which is specifically geared for long-distance transportation. Furthermore, numerous other businesses, like Rivian, Bollinger Motors, and Workhorse, have produced electric delivery trucks. Aside from these new entrants, major commercial vehicle manufacturers are investing heavily in electric vehicle technologies.
Major companies in the global market include AB Volvo, Tesla, Daimler AG, PACCAR Inc., BYD Company Limited, EBUSCO, ANHUI ANKAI AUTOMOBILE CO., LTD, YUTONG, NFI GROUP INC., SCANIA, VDL, CAF, KING LONG, RENAULT TRUCKS, and Proterra.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY PROPULSION 17
1.2 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY COMPONENT 18
1.3 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE 19
1.4 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION 20
2 MARKET INTRODUCTION 21
2.1 DEFINITION 21
2.2 SCOPE OF THE STUDY 21
2.3 RESEARCH OBJECTIVE 21
2.4 MARKET STRUCTURE 22
3 RESEARCH METHODOLOGY 23
3.1 RESEARCH PROCESS 23
3.2 PRIMARY RESEARCH 24
3.3 SECONDARY RESEARCH 25
3.4 MARKET SIZE ESTIMATION 26
3.5 FORECAST MODEL 27
3.6 LIST OF ASSUMPTIONS 28
4 MARKET DYNAMICS 29
4.1 INTRODUCTION 29
4.2 DRIVERS 30
4.2.1 GOVERNMENT INITIATIVES TO ENCOURAGE ADOPTION OF ELECTRIC COMMERCIAL VEHICLES 30
4.2.2 LOW OPERATING COST 30
4.2.3 DRIVERS IMPACT ANALYSIS 31
4.3 RESTRAINTS 31
4.3.1 UNDERDEVELOPED CHARGING INFRASTRUCTURE AND POOR AFTERMARKET SERVICES 31
4.3.2 HIGH PRICE AND LIMITED CAPACITY OF BATTERIES 32
4.3.3 RESTRAINT IMPACT ANALYSIS 32
4.4 OPPORTUNITIES 33
4.4.1 INCREASING LOGISTIC ACTIVITIES 33
4.4.2 GROWTH IN DEMAND WITHIN FLEETS 33
4.5 COVID 19 IMPACT ANALYSIS 34
4.5.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY 34
4.5.2 IMPACT ON AUTOMOTIVE PRODUCTION 34
4.5.2.1 FORD 35
4.5.2.2 AMERICAN HONDA 35
4.5.2.3 FCA 35
4.5.2.4 KIA 35
4.5.2.5 VOLKSWAGEN 35
4.5.3 IMPACT ON ELECTRIC COMMERCIAL VEHICLE MARKET 36
4.5.3.1 IMPACT ON SUPPLY CHAIN 36
4.5.3.2 CASH FLOW CONSTRAINTS 36
4.5.4 IMPACT ON WORLD TRADE 36
5 MARKET FACTOR ANALYSIS 37
5.1 SUPPLY CHAIN ANALYSIS: GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET 37
5.1.1 DESIGN AND DEVELOPMENT 37
5.1.2 RAW MATERIAL SUPPLY 38
5.1.3 ASSEMBLY 38
5.1.4 DISTRIBUTION 38
5.1.5 END USER 38
5.2 PORTER'S FIVE FORCES MODEL 39
5.2.1 THREAT OF NEW ENTRANTS 39
5.2.2 BARGAINING POWER OF SUPPLIERS 40
5.2.3 THREAT OF SUBSTITUTES 40
5.2.4 BARGAINING POWER OF BUYERS 40
5.2.5 INTENSITY OF RIVALRY 40
6 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY PROPULSION 41
6.1 OVERVIEW 41
6.2 BEV 42
6.3 PHEV 42
6.4 FCEV 43
7 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY COMPONENT 44
7.1 OVERVIEW 44
7.2 ELECTRIC MOTOR 45
7.3 ELECTRIC VEHICLE BATTERY 45
7.4 HYDROGEN FUEL CELL 46
7.5 OTHERS 46
8 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE 47
8.1 OVERVIEW 47
8.2 BUS 48
8.3 TRUCK 48
8.4 OTHERS 49
9 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION 50
9.1 OVERVIEW 50
9.2 NORTH AMERICA 52
9.2.1 US 54
9.2.2 CANADA 55
9.2.3 MEXICO 56
9.3 EUROPE 57
9.3.1 GERMANY 59
9.3.2 UK 60
9.3.3 FRANCE 61
9.3.4 ITALY 62
9.3.5 REST OF EUROPE 63
9.4 ASIA-PACIFIC 65
9.4.1 CHINA 67
9.4.2 JAPAN 68
9.4.3 INDIA 69
9.4.4 REST OF ASIA-PACIFIC 70
9.5 REST OF WORLD 72
9.5.1 MIDDLE EAST & AFRICA 74
9.5.2 SOUTH AMERICA 75
10 COMPETITIVE LANDSCAPE 76
10.1 COMPETITIVE OVERVIEW 76
10.2 COMPETITIVE BENCHMARKING 77
10.3 MARKET SHARE ANALYSIS 78
10.4 KEY DEVELOPMENTS IN THE GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET 78
10.4.1 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 78
10.4.2 KEY DEVELOPMENTS: PARTNERSHIPS & COLLABORATIONS 80
10.4.3 KEY DEVELOPMENTS: EXPANSIONS 80
10.4.4 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES 81
10.4.5 KEY DEVELOPMENTS: 82
11 COMPANY PROFILE 83
11.1 AB VOLVO 83
11.1.1 COMPANY OVERVIEW 83
11.1.2 FINANCIAL OVERVIEW 84
11.1.3 PRODUCTS OFFERED 85
11.1.4 KEY DEVELOPMENTS 85
11.1.5 SWOT ANALYSIS 86
11.1.6 KEY STRATEGIES 86
11.2 TESLA INC 87
11.2.1 COMPANY OVERVIEW 87
11.2.2 FINANCIAL OVERVIEW 88
11.2.3 PRODUCTS OFFERED 88
11.2.4 KEY DEVELOPMENTS 89
11.2.5 SWOT ANALYSIS 89
11.2.6 KEY STRATEGIES 90
11.3 DAIMLER TRUCK AG 91
11.3.1 COMPANY OVERVIEW 91
11.3.2 FINANCIAL OVERVIEW 92
11.3.3 PRODUCTS OFFERED 92
11.3.4 KEY DEVELOPMENTS 93
11.3.5 SWOT ANALYSIS 94
11.3.6 KEY STRATEGIES 94
11.4 PACCAR INC. 95
11.4.1 COMPANY OVERVIEW 95
11.4.2 FINANCIAL OVERVIEW 96
11.4.3 PRODUCTS OFFERED 97
11.4.4 KEY DEVELOPMENTS 97
11.4.5 SWOT ANALYSIS 98
11.4.6 KEY STRATEGIES 98
11.5 BYD COMPANY LIMITED 99
11.5.1 COMPANY OVERVIEW 99
11.5.2 FINANCIAL OVERVIEW 100
11.5.3 PRODUCTS OFFERED 100
11.5.4 KEY DEVELOPMENTS 101
11.5.5 SWOT ANALYSIS 102
11.5.6 KEY STRATEGIES 102
11.6 PROTERRA 103
11.6.1 COMPANY OVERVIEW 103
11.6.2 FINANCIAL OVERVIEW 104
11.6.3 PRODUCTS OFFERED 104
11.6.4 KEY DEVELOPMENTS 105
11.6.5 SWOT ANALYSIS 106
11.6.6 KEY STRATEGIES 106
11.7 EBUSCO 107
11.7.1 COMPANY OVERVIEW 107
11.7.2 FINANCIAL OVERVIEW 108
11.7.3 PRODUCTS OFFERED 108
11.7.4 KEY DEVELOPMENTS 109
11.7.5 SWOT ANALYSIS 109
11.7.6 KEY STRATEGIES 109
11.8 ANHUI ANKAI AUTOMOBILE CO., LTD 111
11.8.1 COMPANY OVERVIEW 111
11.8.2 FINANCIAL OVERVIEW 111
11.8.3 PRODUCTS OFFERED 112
11.8.4 KEY DEVELOPMENTS 112
11.8.5 SWOT ANALYSIS 113
11.8.6 KEY STRATEGIES 113
11.9 YUTONG 114
11.9.1 COMPANY OVERVIEW 114
11.9.2 FINANCIAL OVERVIEW 114
11.9.3 PRODUCTS OFFERED 115
11.9.4 KEY DEVELOPMENTS 115
11.9.5 SWOT ANALYSIS 116
11.9.6 KEY STRATEGIES 116
11.10 NFI GROUP INC. 117
11.10.1 COMPANY OVERVIEW 117
11.10.2 FINANCIAL OVERVIEW 118
11.10.3 PRODUCTS OFFERED 119
11.10.4 KEY DEVELOPMENTS 119
11.10.5 SWOT ANALYSIS 120
11.10.6 KEY STRATEGIES 120
11.11 SCANIA 121
11.11.1 COMPANY OVERVIEW 121
11.11.2 FINANCIAL OVERVIEW 122
11.11.3 PRODUCTS OFFERED 122
11.11.4 KEY DEVELOPMENTS 123
11.12 VDL 124
11.12.1 COMPANY OVERVIEW 124
11.12.2 FINANCIAL OVERVIEW 125
11.12.3 PRODUCTS OFFERED 125
11.12.4 KEY DEVELOPMENTS 126
11.13 CAF 127
11.13.1 COMPANY OVERVIEW 127
11.13.2 FINANCIAL OVERVIEW 128
11.13.3 PRODUCTS OFFERED 128
11.13.4 KEY DEVELOPMENTS 129
11.14 KING LONG 130
11.14.1 COMPANY OVERVIEW 130
11.14.2 FINANCIAL OVERVIEW 130
11.14.3 PRODUCTS OFFERED 130
11.14.4 KEY DEVELOPMENTS 131
11.15 RENAULT TRUCKS 132
11.15.1 COMPANY OVERVIEW 132
11.15.2 FINANCIAL OVERVIEW 132
11.15.3 PRODUCTS OFFERED 132
11.15.4 KEY DEVELOPMENTS 133
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 28
TABLE 2 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 42
TABLE 3 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 45
TABLE 4 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 48
TABLE 5 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION) 51
TABLE 6 NORTH AMERICA: ELECTRIC COMMERCIAL VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 52
TABLE 7 NORTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 53
TABLE 8 NORTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 53
TABLE 9 NORTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 53
TABLE 10 US ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 54
TABLE 11 US ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 54
TABLE 12 US ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 54
TABLE 13 CANADA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 55
TABLE 14 CANADA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 55
TABLE 15 CANADA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 55
TABLE 16 MEXICO ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 56
TABLE 17 MEXICO ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 56
TABLE 18 MEXICO ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 56
TABLE 19 EUROPE: ELECTRIC COMMERCIAL VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 58
TABLE 20 EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 58
TABLE 21 EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 58
TABLE 22 EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 59
TABLE 23 GERMANY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 59
TABLE 24 GERMANY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 59
TABLE 25 GERMANY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 60
TABLE 26 UK ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 60
TABLE 27 UK ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 60
TABLE 28 UK ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 61
TABLE 29 FRANCE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 61
TABLE 30 FRANCE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 61
TABLE 31 FRANCE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 62
TABLE 32 ITALY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 62
TABLE 33 ITALY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 62
TABLE 34 ITALY ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 63
TABLE 35 REST OF EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 63
TABLE 36 REST OF EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 63
TABLE 37 REST OF EUROPE ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 64
TABLE 38 ASIA-PACIFIC: ELECTRIC COMMERCIAL VEHICLE MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION) 66
TABLE 39 ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 66
TABLE 40 ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 66
TABLE 41 ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 67
TABLE 42 CHINA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 67
TABLE 43 CHINA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 67
TABLE 44 CHINA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 68
TABLE 45 JAPAN ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 68
TABLE 46 JAPAN ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 68
TABLE 47 JAPAN ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 69
TABLE 48 INDIA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION, 2018-2030 (USD MILLION) 69
TABLE 49 INDIA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2030 (USD MILLION) 69
TABLE 50 INDIA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE, 2018-2030 (USD MILLION) 70
TABLE 51 REST OF ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 70
TABLE 52 REST OF ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 70
TABLE 53 REST OF ASIA-PACIFIC ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 71
TABLE 54 REST OF WORLD: ELECTRIC COMMERCIAL VEHICLE MARKET SIZE, BY REGION, 2018-2030 (USD MILLION) 72
TABLE 55 REST OF WORLD ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 73
TABLE 56 REST OF WORLD ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 73
TABLE 57 REST OF WORLD ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 73
TABLE 58 MIDDLE EAST & AFRICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 74
TABLE 59 MIDDLE EAST & AFRICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 74
TABLE 60 MIDDLE EAST & AFRICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 74
TABLE 61 SOUTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY PROPULSION,
2018-2030 (USD MILLION) 75
TABLE 62 SOUTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY COMPONENT,
2018-2030 (USD MILLION) 75
TABLE 63 SOUTH AMERICA ELECTRIC COMMERCIAL VEHICLE MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE,
2018-2030 (USD MILLION) 75
TABLE 64 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 78
TABLE 65 KEY DEVELOPMENTS: PARTNERSHIPS & COLLABORATIONS 80
TABLE 66 KEY DEVELOPMENTS: EXPANSIONS 80
TABLE 67 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES 81
TABLE 68 KEY DEVELOPMENTS: ACQUISITION 82
TABLE 69 AB VOLVO: PRODUCTS OFFERED 85
TABLE 70 AB VOLVO: KEY DEVELOPMENTS 85
TABLE 71 TESLA: PRODUCTS OFFERED 88
TABLE 72 TESLA: KEY DEVELOPMENTS 89
TABLE 73 DAIMLER TRUCK AG: PRODUCTS OFFERED 92
TABLE 74 DAIMLER TRUCK AG: KEY DEVELOPMENTS 93
TABLE 75 PACCAR INC.: PRODUCTS OFFERED 97
TABLE 76 PACCAR INC.: KEY DEVELOPMENTS 97
TABLE 77 BYD COMPANY LIMITED: PRODUCTS OFFERED 100
TABLE 78 BYD COMPANY LIMITED: KEY DEVELOPMENTS 101
TABLE 79 PROTERRA: PRODUCTS OFFERED 104
TABLE 80 PROTERRA: KEY DEVELOPMENTS 105
TABLE 81 EBUSCO: PRODUCTS OFFERED 108
TABLE 82 EBUSCO: KEY DEVELOPMENTS 109
TABLE 83 ANHUI ANKAI AUTOMOBILE CO., LTD.: PRODUCTS OFFERED 112
TABLE 84 ANHUI ANKAI AUTOMOBILE CO., LTD.: KEY DEVELOPMENTS 112
TABLE 85 YUTONG: PRODUCTS OFFERED 115
TABLE 86 YUTONG: KEY DEVELOPMENTS 115
TABLE 87 NFI GROUP INC.: PRODUCTS OFFERED 119
TABLE 88 NFI GROUP INC.: KEY DEVELOPMENTS 119
TABLE 89 SCANIA: PRODUCTS OFFERED 122
TABLE 90 SCANIA: KEY DEVELOPMENTS 123
TABLE 91 VDL: PRODUCTS OFFERED 125
TABLE 92 VDL: KEY DEVELOPMENTS 126
TABLE 93 CAF: PRODUCTS OFFERED 128
TABLE 94 CAF: KEY DEVELOPMENTS 129
TABLE 95 KING LONG: PRODUCTS OFFERED 130
TABLE 96 KING LONG: KEY DEVELOPMENTS 131
TABLE 97 RENAULT TRUCKS: PRODUCTS OFFERED 132
TABLE 98 RENAULT TRUCKS: KEY DEVELOPMENTS 133
LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 16
FIGURE 2 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS, BY PROPULSION, 2022 (%) 17
FIGURE 3 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS, BY COMPONENT, 2022 (%) 18
FIGURE 4 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS, BY VEHICLE TYPE, 2022 (%) 19
FIGURE 5 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS, BY REGION, 2022 (%) 20
FIGURE 6 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET: STRUCTURE 22
FIGURE 7 RESEARCH PROCESS 23
FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 26
FIGURE 9 MARKET DYNAMICS OVERVIEW 29
FIGURE 10 DRIVERS IMPACT ANALYSIS: GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET 31
FIGURE 11 RESTRAINT IMPACT ANALYSIS: GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET 32
FIGURE 12 SUPPLY CHAIN: GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET 37
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE ELECTRIC COMMERCIAL VEHICLE MARKET 39
FIGURE 14 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY PROPULSION, 2022 (% SHARE) 41
FIGURE 15 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY PROPULSION, 2018 TO 2030 (USD MILLION) 41
FIGURE 16 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY COMPONENT, 2022 (% SHARE) 44
FIGURE 17 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY COMPONENT, 2018 TO 2030 (USD MILLION) 44
FIGURE 18 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE, 2022 (% SHARE) 47
FIGURE 19 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE, 2018 TO 2030 (USD MILLION) 47
FIGURE 20 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION, 2022 (% SHARE) 50
FIGURE 21 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION, 2018 TO 2030 (USD MILLION) 51
FIGURE 22 NORTH AMERICA: ELECTRIC COMMERCIAL VEHICLE MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 52
FIGURE 23 EUROPE: ELECTRIC COMMERCIAL VEHICLE MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 57
FIGURE 24 ASIA-PACIFIC: ELECTRIC COMMERCIAL VEHICLE MARKET SHARE, BY COUNTRY, 2022 (% SHARE) 65
FIGURE 25 REST OF WORLD: ELECTRIC COMMERCIAL VEHICLE MARKET SHARE, BY REGION, 2022 (% SHARE) 72
FIGURE 26 BENCHMARKING OF MAJOR COMPETITORS 77
FIGURE 27 GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET SHARE ANALYSIS, 2022 78
FIGURE 28 AB VOLVO: FINANCIAL OVERVIEW SNAPSHOT 84
FIGURE 29 AB VOLVO: SWOT ANALYSIS 86
FIGURE 30 TESLA: FINANCIAL OVERVIEW SNAPSHOT 88
FIGURE 31 TESLA: SWOT ANALYSIS 89
FIGURE 32 DAIMLER TRUCK AG: FINANCIAL OVERVIEW SNAPSHOT 92
FIGURE 33 DAIMLER TRUCK AG: SWOT ANALYSIS 94
FIGURE 34 PACCAR INC.: FINANCIAL OVERVIEW SNAPSHOT 96
FIGURE 35 PACCAR INC.: SWOT ANALYSIS 98
FIGURE 36 BYD COMPANY LIMITED: FINANCIAL OVERVIEW SNAPSHOT 100
FIGURE 37 BYD COMPANY LIMITED: SWOT ANALYSIS 102
FIGURE 38 PROTERRA: FINANCIAL OVERVIEW SNAPSHOT 104
FIGURE 39 PROTERRA: SWOT ANALYSIS 106
FIGURE 40 EBUSCO: FINANCIAL OVERVIEW SNAPSHOT 108
FIGURE 41 EBUSCO: SWOT ANALYSIS 109
FIGURE 42 ANHUI ANKAI AUTOMOBILE CO., LTD.: FINANCIAL OVERVIEW SNAPSHOT 111
FIGURE 43 ANHUI ANKAI AUTOMOBILE CO., LTD.: SWOT ANALYSIS 113
FIGURE 44 YUTONG: FINANCIAL OVERVIEW SNAPSHOT 114
FIGURE 45 YUTONG: SWOT ANALYSIS 116
FIGURE 46 NFI GROUP INC.: FINANCIAL OVERVIEW SNAPSHOT 118
FIGURE 47 NFI GROUP INC: SWOT ANALYSIS 120
FIGURE 48 SCANIA: FINANCIAL OVERVIEW SNAPSHOT 122
FIGURE 49 VDL: FINANCIAL OVERVIEW SNAPSHOT 125
FIGURE 50 CAF: FINANCIAL OVERVIEW SNAPSHOT 128
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Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
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With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
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All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
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Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
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License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
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The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
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The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
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Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
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As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
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For more information on PayU please visit: https://www.payu.pl/en/about-us
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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