Press release
Electric Trucks Industry Is Predicted To Grow At a CAGR of 53.8% During Forecast Period, 2018-2025 - QY Research
This report studies the Electric Trucks market. Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric Trucks can largely cutting down the pollution in the city transmission. In the last several years, Global market of Electric Trucks developed speedy, with an average growth rate of 32.61%. In 2017, Global revenue of Electric Trucks is nearly 521 M USD; the actual production is about 19.9 K Unit.
The Global average price of Electric Trucks is in the downstream trend, from 28.8 K USD/ Unit in 2013 to 26.2 USD/Unit in 2017. With the situation of global economy, prices will be in downstream trend in the following five years. The classification of Electric Trucks includes Light & Medium-duty Truck and Heavy-duty Truck. The proportion of Light & Medium-duty Truck in 2017 is about 96.2%, and the proportion of Heavy-duty Truck in 2017 is about 3.8%.
The Electric Trucks market was valued at 590 Million US$ in 2017 and is projected to reach 18500 Million US$ by 2025, at a CAGR of 53.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Trucks.
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This report includes the following manufacturers; we can also add the other companies as you want.
Dongfeng
BAIC
Guohong Auto
Chongqing Ruichi
BYD
Alke XT
Zenith Motors
Voltia
Market Segment by Product Type
Light & Medium-duty Truck
Heavy-duty Truck
Market Segment by Application
Logistics
Municipal
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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