Press release
Electric Commercial Vehicles Market Research with COVID-19 After Effects
The Business Research Company
The global electric commercial vehicles market is expected to decline from $48.54 billion in 2019 to $40.7 billion in 2020 at a compound annual growth rate (CAGR) of -16.06%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
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The electric commercial vehicles market consists of sales of electric commercial vehicles and related services. Electric commercial vehicles are electrically-powered, self-propelled electric vehicles used for transportation that helps reduce greenhouse gas releases (GHG) and pollution, that works with the help of both electric motors working in tandem.
The growth of the electric commercial vehicle market is restrained by limited battery power and longer charging duration. For electric commercial vehicles, the range and performance of the battery is typically less powerful and has a limited range (60-100 miles per charge) and is considered suitable only for short-distance travel. The limited travel range of batteries of electric vehicles raises concerns among the consumers that their vehicles may run out of charge/power before reaching the destination.
Electric Commercial Vehicles Market Segmentation: -
By Propulsion Type
1. BEV
2. PHEV
3. FCEV
By Vehicle Type
1. Electric Bus
2. Electric Truck
3. Electric Pick-up Truck
4. Electric Van
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Few Points From Table Of Content
1. Executive Summary
2. Electric Commercial Vehicles Market Characteristics
3. Electric Commercial Vehicles Market Size And Growth
4. Electric Commercial Vehicles Market Segmentation
5. Electric Commercial Vehicles Market Regional And Country Analysis
......
25. Electric Commercial Vehicles Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Electric Commercial Vehicles Market Market
27. Electric Commercial Vehicles Market Trends And Strategies
28. Electric Commercial Vehicles Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the electric commercial vehicles market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the electric commercial vehicles market are BYD; Proterra; AB Volvo; Daimler AG; Nissan; ABB; Scania AB; Tesla; Nikola Motor Company; Tata Motors; EBUSCO; Emoss Mobile Systems; ZHONGTONGBUS Bus Holding Co., Ltd; Ashok Leyland Ltd.; Dongfeng Motor Corp.; Hino Motors Ltd.
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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