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Electric Commercial Vehicle Market Size to reach US$ 178560 million by 2027, at a CAGR of 8.3%

06-24-2021 08:21 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Electric Commercial Vehicle Market Size to reach US$ 178560

The global Electric Commercial Vehicle market size is projected to reach US$ 178560 million by 2027, from US$ 101270 million in 2020, at a CAGR of 8.3% during 2021-2027. Major factors driving the growth of the Electric Commercial Vehicle Market size are increasing electrification of public transport fleets, stringent government regulations, and advancements in battery pack technologies and electric powertrains.

Browse the full report with Table of Contents and List of figures at: https://reports.valuates.com/market-reports/QYRE-Auto-7U645/electric-commercial-vehicle

This report focuses on Electric Commercial Vehicle volume and value at the global level, regional level and company level. From a global perspective, this report represents an overall Electric Commercial Vehicle market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.

Inquire for Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-7U645/electric_commercial_vehicle_market

Electric Commercial Vehicle Market Segment Analysis

The bus segment is estimated to be the fastest-growing market, in terms of volume, for the electric commercial vehicle, by vehicle, followed by van, pick-up truck, and truck. Various government mandates and individual country targets to phase out fossil fuel-based public transportation system and to replace them with electric buses will help the bus market grow over the forecast period.

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid market growth.

Electric Commercial Vehicle Market by Type

o Bus
o Truck
o Pick-Up Truck
o Van
o Others

Electric Commercial Vehicle Market by Application

o Commercial
o Private
o Others

Key Vendors in the Market

Tesla, Nissan, BYD, Daimler, ProterrA, LG Chem, Samsung, SDi, Panasonic, Delphi, ABB, Continental, Siemens, Mitsubishi Electric, Toshiba, Ballard Power Systems, Hydrogenics, ITM Power, Ceres Power, Plug Power, Nedstack, NuverA, AFCc, Toyota, Honda, Hyundai

Similar Reports :

Electric Scooter and Motorcycle Market: https://reports.valuates.com/market-reports/QYRE-Auto-1Z1154/global-electric-scooter-and-motorcycle

Pickup Truck Market: https://reports.valuates.com/market-reports/QYRE-Auto-1753/global-pickup-truck

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