Electric Truck Market worth $32.13 billion by 2032

The electric truck market is estimated at USD 5.25 billion in 2025. It is projected to grow at a CAGR of 29.5%, reaching USD 32.13 billion by 2032.
The electric truck market is swiftly evolving as governments and fleets push for cleaner freight solutions. With prominent players such as AB Volvo and BYD rolling out models for urban delivery and long-haul routes, adoption is accelerating. For instance,...
Electric Truck Market Size, Share, Trends, Growth & Forecast 2030

The Electric truck Industry size is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase in distribution services, last mile delivery and government focus on reducing vehicle emissions.
“NMC Battery segment expected to lead...
Electric Truck Market Size, Share, Trends, Growth and Forecast 2030

The Electric truck market is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase in distribution services, last mile delivery and government focus on reducing vehicle emissions.
Rising demand for electric trucks in logistics...