Electric Logistics Vehicle Market Trend, Innovations And Growth Prediction 2022-2028

The research study on the global Electric Logistics Vehicle market covers industry sectors, market climate, emerging innovations, competitive intelligence, and current developments in the industry. The sector study investigates the business dynamics of the rising economy, as well as current driving forces, market conditions, risks, trends, and problems. The analysis identifies the exact impact on the revenue and demand due to the disturbances caused by the occurrence of COVID-19. The recently launched growth strategies and development programs by the government and leading players in the market with the aim to impulse growth in the Electric Logistics Vehicle market are included in the report.

The Electric Logistics Vehicle market is expected to grow at a CAGR of 6.56% over the forecast period (2022-2028), according to Market intelligence data.

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Main Key Players:

Dongfeng Motor, Smith Electric Vehicles, CAF, Yutong, StreetScooter, Chongqing Lifan, Baic Motor, BYD, AB Volvo,Nissan, EMOSS, Peugeot, Renault and others.

Recent Developments
In January 2022, AB Volvo launched the enhanced version of Volvo VNR Electric with up to 85% increased range and faster charging.
In December 2021, BYD launched an electric van model ETP3 with a 50.3 kWh NMC battery and a range of 269 km. The new electric van is 4.46-meter-long and has a payload capacity of 720 kg.
In December 2021, BYD launched an electric truck model, ETM 6. It is a 7.5-ton truck that offers a payload of 3,990 kilograms. The ETM 6 is 5.95 meters long, 2.10 meters wide, and 2.94 meters high.
In December 2021, Yutong launched 90 new 5G-enabled Smart buses in Panjin, Liaoning Province, China, starting an era of 5G-enabled smart buses. This launch has helped improve road transport usage, eliminating environmental pollution and traffic congestion, and paving the way for the 5G smart rapid bus system.
In November 2021, Yutong launched T7 Galaxy Edition High End Commercial Vehicle taking EV bus luxury to the next level and redefining an era of high-end public business transport. The model integrates multiple excellent designs like the Romantic Starry Sky top to the business atmosphere of the Sit-Down Negotiation table.
In September 2021, CAF launched its Urbino 7 Bus. A highly flexible model that adapts to local circumstances, the bus is best suited for cramped city spaces, difficult road conditions, longer routes, steep climbs, and tight mountain bends.
In September 2021, AB Volvo launched Volvo BZL Electric Chassis for sustainable and efficient public transport in cities worldwide and reliable and profitable operations for customers.

Dividing the Global Electric Logistics Vehicle Market by Product types and Application

Segmentation By Type:

Medium/Heavy Truck Electric Logistics Vehicle

Micro/Light Truck Electric Logistics Vehicle

MPV Electric Logistics Vehicle

Micro-surface Electric Logistics Vehicle

Segmentation By Application:

Express Postal Service

Online Retailers

Others

Market Analysis and Insights: Global Electric Logistics Vehicle Market

Electric Logistics Vehicle Market report provides you with detailed insights, industry knowledge, market forecasts and analytics. The report on the global Electric Logistics Vehicle industry also clarifies economic risks and environmental compliance. Global market report assists industry enthusiasts including investors and decision makers to make confident capital investments, develop strategies, optimize their business portfolio, innovate successfully and perform safely and sustainably.

The report on the Electric Logistics Vehicle market covers the following region (country) analysis:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and the Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of the Middle East &   Africa)
The Asia Pacific market is projected to hold the largest share by 2028

The Asia Pacific market is dominated by China, which has large sales volumes for electric commercial vehicles, especially electric buses. With favorable government regulations and the increasing adoption of electric buses in public transport fleets, India is expected to be a high potential market for electric commercial vehicles in the future. Asia Pacific is home to many OEMs, especially Chinese companies, dominating the global electric commercial vehicle market. Japan also plays a vital role in automotive technology in Asia Pacific. With advancements in technologies such as FCEV and PHEV, the Japanese electric commercial vehicle market is expected to grow. In October 2020, BYD (China) and Hino Motors (Japan) signed a joint venture agreement to set up a new company in China in 2021 to develop commercial battery electric vehicles. As of early 2022, the JV is yet to be established, but the companies have been working together on Electric Logistics Vehicle Such developments are expected to boost the Electric Logistics Vehicle market in the region.

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Key takeaways from the Electric Logistics Vehicle Industry study

- Simplified and insightful comprehensive Electric Logistics Vehicle market analysis

- Evaluation of growth derivatives, crucial constraints, opportunities, and challenges

- Internal business overview including business connectivity, sales records, supply chain strategies and capabilities, product development, and marketing trends

- Exact Electric Logistics Vehicle industry valuation

-  Future forecasts and Electric Logistics Vehicle market estimations followed by a demand to supply ratio projections

- Competitive benchmarking coupled with competitive analysis

- Key strategic initiatives fuelling Electric Logistics Vehicle market growth

- In-depth assessment of the product, application, and regional segments

- Neutral geographic survey based on macro and micro-economic factors highlighting the growth potential of developed and developing economies

Following are the major TOC of the Electric Logistics Vehicle Market:

Chapter 1: Electric Logistics Vehicle Market Overview

Chapter 2: Global Economic Impact on Industry

Chapter 3: Global Electric Logistics Vehicle Market Competition by Manufacturers

Chapter 4: Global Production, Profits (Value) by Region

Chapter 5: Global Supply (Production), Import, Export, Consumption, by Regions

Chapter 6: Global Price Trend by Type, Revenue (Value), Production

Chapter 7: Manufacturing Cost Analysis

Chapter 8: Global Market Analysis by Application

Chapter 9:   Industrial Chain and Downstream Buyers, Sourcing Strategy

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Global Electric Logistics Vehicle Market Forecast

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The years considered for the study are as follows:

Base Year: 2021
Estimated Year: 2022
Projected Year: 2028
Forecast Period: 2022 to 2028

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