Frost Radar™: Electric Light Commercial Vehicles in North America, 2024

Frost Radar™: Electric Light Commercial Vehicles in North America, 2024

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

The automotive industry is experiencing a rapid evolution driven by the integration of alternative powertrain technologies into vehicles. With the proliferation of low- to zero-emission cars, the case for reducing emissions even further has become stronger with the introduction of electric light commercial vehicles (CVs).

Governments and regulatory bodies worldwide are intensifying their focus on reducing carbon emissions and incentivizing the use of electric vehicles (EVs). Collaborations between automakers, Tier I suppliers, EV component makers, and charging equipment providers is becoming prevalent as stakeholders recognize the collective effort required to build up scale to create a sustainable and thriving EV ecosystem.

Frost & Sullivan identified eight companies disrupting the North American electric light CV industry with cutting-edge innovation and technology, strong partnerships, and strategic positioning. These companies are actively shaping the competitive landscape. Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.

Key Issues Addressed

What are the major OEMs and their innovation and growth strategy in the e-LCV space in North America?
What are the companies leading on innovation front?
What are the companies leading on the growth front?