Press release
Electric Commercial Vehicle Market Report 2020: By Key Players, Application, Type, Market Share, Forecast to 2026
The global electric commercial vehicle market is anticipated to grow at a lucrative CAGR of 19.0% during the forecast period (2020-2026). Electric commercial vehicles are the best option to replace traditional commercial vehicles while bringing sustainability to the environment. Replacement of traditional vehicles with electric ones is a costly endeavor. Therefore, the government's support in the form of funding, subsidy, or grant will fuel the growth of the global electric commercial vehicle market.Moreover, witnessing the opportunity in the electric commercial vehicle industry, multiple start-ups have secured funding in the last couple of years. Some of the major investments in the field of the electric commercial vehicle include GM funding to Nicola; Amazon and BlackRock funding to Rivian. In September 2020, GM partnered with Nikola Motor Co., a US-based manufacturer of electric hydrogen-fuel cell vehicles and trucks. GM bought the 11.0% ownership of the start-up for $2 billion.
(Get 15% Discount on Buying this Report)
A full report of Electric Commercial Vehicle Market is available at: https://www.omrglobal.com/industry-reports/electric-commercial-vehicle-market
Besides, in July 2020, Rivian, an EV start-up has raised $2.5 billion, bringing its total funding to date to around $6.0 billion ahead of the launch of its all-electric pickup truck and SUV in early 2021. The new funding comes from Soros Fund Management LLC, Coatue (a hedge fund), Fidelity Management and Research Company, and investment firm Baron Capital Group. The huge influx of money in the companies will provide the required capital to establish their manufacturing and marketing capabilities all across the globe during the forecast period.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/electric-commercial-vehicle-market
Market Coverage
• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Vehicle Type, By Range, By Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- BYD Co. Ltd; Rivian, Nikola Motor Co.; Proterra, Inc; AB Volvo; Tesla Inc.
Key questions addressed by the report.
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Electric Commercial Vehicle Market report Segment
By Vehicle Type
• Electric Bus
• Electric Truck (Medium and Heavy Duty Trucks)
• Electric Pick-up Truck
By Range
• Less than 250 Km
• 250- 500 Km
• Above 500 Km
By Application
• Public
• Private
Electric Commercial Vehicle Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/electric-commercial-vehicle-market
Company Profiles
• Anhui Ankai Automobile Co. Ltd.
• Arrival Ltd.
• Ashok Leyland Ltd.
• Avass Group of Companies
• BlueBird Corp.
• BYD Co. Ltd.
• Chanje Trucks
• Daimler AG
• Ebusco B.V.
• Ekova Electric A.S.
• Gillig LLC
• GreenPower Motor Co. Inc.
• Hunan CSR Times Electric Vehicle Co., Ltd.
• Iveco S.p.A
• King Long United Automotive Industry, Co. Ltd.
• Nikola Corp.
• NFI Group, Inc.
• Proterra, Inc.
• Rivian, LLC
• Scania AB
• Solaris Bus & Coach S.A.
• Tata Motors, Ltd.
• Tesla Inc.
• VDL Bus & Coaches B.V.
• Volvo AB
• Volkswagen AG
• Yinlong Energy Co Ltd.
• Zhongtong Yutong Group Co. Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Commercial Vehicle Market Report 2020: By Key Players, Application, Type, Market Share, Forecast to 2026 here
News-ID: 2243213 • Views: …
More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…

Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…

Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…

Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…