Press release
Electric Pickup Truck Market Latest Innovations, Demand and Business Outlook by 2026
The Electric Pickup Truck Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The electric pickup truck market was valued at around USD 20 billion in 2020, and it is expected to reach USD 44 billion by 2026, and is anticipated to register a CAGR of 14.30 % during the forecast period (2021 - 2026).
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Top Leading Companies of Global Electric Pickup Truck Market are - Ford, GM, Toyota, FCA, Isuzu, Nissan, Mitsubishi, Mahindra & Mahindra, Volkswagen, Great Wall Motors, Jiangling Motors, ZXAUTO, Tata Motors, Ashok Leyland, Foton Motor, and others.
Industry News and Updates:
20 May 2021: Ford unveils F-150 Lightning, its first electric pickup truck
US-based auto giant Ford Motor's commitment to electric vehicles seems very serious. So much so that they have turned their best-selling vehicle into a fully electric model with the F-150 Lightning. The electric pickup truck is a first for the carmaker, which also unveiled its EV strategy for days ahead.
Ford promises that the new F-150 Lightning electric pickup truck will not only be affordable, but also packed with connected technology and will offer a driving experience hard to forget.
Market Overview:
Governments across the world are putting pressure on vehicle manufacturers to reduce carbon emissions caused by diesel fuel combustion and tackle greenhouse gas emissions, in turn, pushing them to invest in developing electric trucks (e-trucks). Meanwhile, low-emission zones are driving fleets to replace diesel trucks with cleaner options.
However, there are certain risks associated with the adoption of e-trucks. New vehicles must prove to be dependable and perhaps require training of customers and dealers to equip them with adequate knowledge regarding their operations. Furthermore, the inadequate charging infrastructure for electric trucks is also expected to hinder the growth of the market.
On The Basis of Types:
Small/Mid-size Pickup Truck
Full-size Pickup Truck
On The Basis of End Users/Applications:
Individual Use
Commercial Use
Regional Analysis:
Germany represents one of the largest markets for electric trucks, globally. The presence of vehicle manufacturing companies, the stringent emission norms, increasing freight and logistics, and construction activities are driving the demand for electric trucks in the country.
Germany is trying to be in the list of those countries working on "electric highways" to foster eco-friendly trucking. The country has started real-world tests of an eHighway system on a 3.1-mile stretch of the Autobahn between Frankfurt and Darmstadt, with an electric-diesel hybrid truck that receives power from overhead cables to keep it from using its combustion engine.
Influence of the Electric Pickup Truck market report:
-Comprehensive assessment of all opportunities and risk in the Electric Pickup Truck market.
-Electric Pickup Truck market recent innovations and major events.
-Detailed study of business strategies for growth of the Electric Pickup Truck market-leading players.
-Conclusive study about the growth plot of Electric Pickup Truck market for forthcoming years.
-In-depth understanding of Electric Pickup Truck market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Electric Pickup Truck market.
Browse Full Report at:
https://www.marketinsightsreports.com/reports/03082682444/global-electric-pickup-truck-market-growth-2021-2026?Mode=nm
What Are the Market Factors That Are Explained in The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Global Electric Pickup Truck Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
We Offer Customization on Report Based on Specific Client Requirement:
- Free Country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
- Free 15% customization equal to 60 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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