Electric Light Commercial Vehicle Market worth $116.60 billion by 2032
The electric light commercial vehicle market is projected to reach USD 116.60 billion by 2032 from USD 24.49 billion in 2025 at a CAGR of 25.0% during 2025–2032.
Electric light commercial vehicles (eLCVs) are rapidly becoming the mainstream choice, particularly for last-mile delivery and intra-city logistics, where predictable routes and high urban mileage make electrification cost-effective....