Global Commercial Vehicle Outlook: 2025 and Beyond
The commercial vehicle sector is navigating a period of transformation, powered by advancements in alternative propulsion, digitalization, and the accelerating push for sustainable logistics. This outlook, grounded in MarketsandMarkets data, breaks down the market’s evolving trajectory, highlights high-growth technologies, and surfaces actionable...
Electric Light Commercial Vehicle Market Size, Share & trends [2030]
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%.
Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...