Electric Commercial Vehicle Market by Vehicle Type (Pickups, Medium and Heavy-Duty Trucks, Vans, Buses), Propulsion, Range, Battery Type, Power Output, Battery Capacity, Component, End User, Body Construction and Region - Global Forecast to 2030

The global electric commercial vehicles market is projected to grow from USD 70.9 Billion in 2024 to USD 255.6 Billion by 2030, registering a CAGR of 23.8%. The global EV market is experiencing explosive growth fueled by government incentives, environmental concerns, and advancements in battery technology. This surge in EV production translates to a higher demand for electric commercial vehicles. Also, electric commercial vehicles operate at lower cost than ICE commercial vehicles. Growing research of EV batteries and EV charging systems will drive the electric commercial vehicle market. Electric vehicle charging stations, battery swapping stations, and fleet stations must be installed globally to meet the growing demand for electric commercial vehicles.

“The BEVs segment to hold largest market share during the forecast period.”

The BEVs segment is expected to hold a larger share of the electric commercial vehicle market during the forecast period. Over the long term, BEVs can offer lower operating costs compared to traditional internal combustion engine vehicles. Lower fuel costs, reduced maintenance requirements (fewer moving parts), and potential incentives or subsidies contribute to a favorable Total Cost of Ownership, making BEVs economically viable for commercial applications. Ongoing advancements in battery technology, such as increased energy density, improved charging infrastructure, and longer battery life, address some of the concerns associated with electric vehicles. These advancements enhance the performance and competitiveness of BEVs in commercial applications. Automotive OEMs around the world also offer commercial BEVs. For instance, in the BEV market, K5, K6, K7M, K8, and K9 are some of the electric commercial bus series offered by BYD. Thus, the aforementioned factors will drive the demand for BEVs in the electric commercial vehicle market during the forecast period.

“NMC batteries is expected to be the largest market in the forecast period.”

NMC batteries hold the largest market share due to the widespread use of these batteries globally. Many leading battery manufacturers, such as CATL (China), LG Energy Solutions (South Korea), Panasonic Corporation (Japan), and BYD (China), produce NMC batteries. NMC (Nickel Manganese Cobalt) batteries are widely adopted in the electric commercial vehicle market. These batteries have balanced cost and performance, making them cost-effective for electric commercial vehicles. This cost-effectiveness is crucial for the commercial sector, where the total cost of ownership is a significant consideration. Many leading OEMs also incorporate NMC batteries in their electric trucks, including Mercedes-Benz e-Actros, Volvo FL Electric, BYD T series, and Rivian R1T. These batteries have a higher energy density than LFP batteries, and the declining cost of NMC batteries further drives the segment.

“The last–mile delivery segment is estimated to lead end use segment market during the forecast period.”

By end use, the last-mile delivery segment is expected to lead the market during the forecast period. This segment’s growth is primarily driven by the evolving landscape of e-commerce and increased consumer demand for efficient and sustainable delivery solutions. Transition towards electric vans is on rise to lower operational cost for last mile deliveries particularly in urban areas. Electric commercial vehicles offer an ideal solution for last-mile delivery, providing a cost-effective and environmentally friendly alternative to traditional gasoline-powered vehicles. Additionally, the push towards stricter emission regulations and sustainability goals, both by governments and businesses, further propels the adoption of electric last-mile delivery vehicles. In September 2023, FedEx Express Europe announced the addition of 23 Mercedes-Benz eSprinter vans in its UK operations.

“Asia Pacific is projected to dominate the market for 151–300 miles segment during the forecast period.”

Asia Pacific is poised to dominate the 151–300 miles segment of the electric commercial vehicle market in the coming years, primarily due to the increasing use of electric trucks and vans for urban deliveries and transport. These vehicles balance range and versatility, making them well-suited for regional logistics and inter-city transport in densely populated and dynamic markets. Moreover, the region’s commitment to sustainable practices aligns with electric vehicles' zero-emission and low-noise characteristics, addressing environmental concerns and contributing to cleaner and quieter urban environments. Regional market players such as BYD (China) and Yutong (China) offer various electric commercial vehicles ranging from 151 to 300 miles. For instance, BYD’s E1 pickup truck has a range of around 155 miles. The company also offers the T5 electric van with a range of up to 190 miles and the K6 electric bus with a range of up to 165 miles. As the transportation industry in Asia Pacific continues to prioritize efficiency and eco-friendliness, the demand for electric commercial vehicles with a range of 151–300 miles is expected to witness substantial growth, establishing the region as a leader in this pivotal segment.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: OEMs – 50%, Tier I – 20%, Tier II– 30%,
• By Designation: CXOs – 15%, Directors– 20%, Others– 65%
• By Region: North America– 30%, Europe – 20%, Asia Pacific– 50%

The electric commercial vehicle market is dominated by global players such as BYD (China), Mercedes-Benz Group AG (Germany), Yutong (China), AB Volvo (Sweden), and Ford Motor Company (US). These companies adopted strategies such as product developments, deals, and others to gain traction in the market.

Research Coverage:

The Market Study Covers the electric commercial vehicle market By Propulsion (BEV, FCEV), Vehicle Type (Medium-duty Trucks, Heavy-duty Truck, Electric Pickup Trucks, Light Vans, Full-size Vans and Buses & Coaches), Range, Battery Type (LFP Batteries, NMC Batteries, Solid-state Batteries, and Others), Power Output (Less than 100 kW, 100−250 kW, and Above 250 kW), Battery Capacity (Less than 60 kWh, 60−120 kWh, 121−200 kWh, 201−300 kWh, 301−500 kWh, and 501−1,000 kWh), Component (Battery Packs, Onboard Chargers, Electric Motors, Inverters, DC-DC Converters, Fuel-cell Stacks, E-Axels (Including Gearboxes)), End Use (Last-mile Delivery, Field Services, Distribution Services, Refuse Trucks, Long-haul Transportation), by Body Construction (Integrated, Semi-integrated, and Full-sized ) and Region (Asia Pacific, Europe and North America). It also covers the competitive landscape and company profiles of the major players in the electric commercial vehicle market ecosystem.

Key Benefits of the Report

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall electric commercial vehicle market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (Decreasing cost of EV batteries, rising fossil fuel prices, increasing demand for emission-free electric commercial vehicles in logistics industry, government initiatives promoting electric commercial vehicle adoption), restraints (High development costs, concerns over battery safety, insufficient EV charging infrastructure), opportunities (New revenue pockets in North America and Northern Europe, development of wireless EV charging technology for on-the-go charging), and challenges (Limited battery capacity, low availability of lithium for EV batteries, insufficient grid infrastructure) influencing the growth of the electric commercial vehicle market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the electric commercial vehicle market
• Market Development: Comprehensive information about lucrative markets – the report analyses the electric commercial vehicle market across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the electric commercial vehicle market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like BYD (China), Mercedes-Benz Group AG (Germany), Yutong (China), AB Volvo (Sweden), Ford Motor Company (US) and among others in the electric commercial vehicle market Page 25 of 34 strategies.

Tables List

Table 1 Market Definition, By Propulsion

Table 2 Market Definition, By End Use

Table 3 Market Definition, By Battery Type

Table 4 Market Definition, By Vehicle Type

Table 5 Market Definition, By Component

Table 6 Inclusions And Exclusions

Table 7 Usd Exchange Rates

Table 8 Purchase Order/Supply Contract For Electric Commercial Vehicles

Table 9 Government Programs For Electric Commercial Vehicle Sales

Table 10 Zero-emission Light-duty Vehicle Policies And Incentives In

Selected Countries

Table 11 Ev Charger Density, 2024

Table 12 Electric Commercial Vehicle Models, By Country, 2023–2024

Table 13 Battery Capacities Of Popular Electric Buses

Table 14 Electric Vans: Average Price (Usd), 2024

Table 15 Electric Pickup Trucks: Average Price (Usd), 2024

Table 16 Electric Trucks: Average Price (Usd), 2024

Table 17 Electric Buses: Average Price (Usd), 2024

Table 18 Electric Trucks: Average Price Comparison, By Class

Table 19 Upcoming Electric Commercial Vehicles, 2024–2026

Table 20 Role Of Companies In Electric Commercial Vehicle Market Ecosystem

Table 21 Total Cost Of Ownership, Vehicle Type

Table 22 Electric Commercial Vehicles: Range Vs. Battery Capacity

Table 23 Electric Commercial Vehicles: Range Vs. End Use

Table 24 Electric Commercial Vehicles: Battery Capacity Vs. End Use

Table 25 Electric Commercial Vehicles: Power Vs. Charging Duration

Table 26 Patent Registrations Related To Electric Commercial Vehicle

Market, 2021–2024

Table 27 Germany: Import Data For Hs Code 8702: Electric Commercial Vehicle Import Share, By Country, 2019–2023 (000’ Usd)

Table 28 Italy: Import Data For Hs Code 8702: Electric Commercial Vehicle Import Share, By Country, 2019–2023 (000’ Usd)

Table 29 France Import Data For Hs Code 8702: Electric Commercial Vehicle Import Share, By Country, 2019-2023 (000’ Usd)

Table 30 Us: Import Data For Hs Code 8702: Electric Commercial Vehicle Import Share, By Country, 2019–2023 (000’ Usd)

Table 31 Spain: Import Data For Hs Code 8702: Electric Commercial Vehicle Import Share, By Country, 2019–2023 (000’ Usd)

Table 32 China: Export Data For Hs Code 8702: Electric Commercial Vehicle Export Share, By Country, 2019–2023 (000’ Usd)

Table 33 Türkiye: Export Data For Hs Code 8702: Electric Commercial Vehicle Export Share, By Country, 2019–2023 (000’ Usd)

Table 34 Japan: Export Data For Hs Code 8702: Electric Commercial Vehicle Export Share, By Country, 2019–2023 (000’ Usd)

Table 35 Poland: Export Data For Hs Code 8702: Electric Commercial Vehicle Export Share, By Country, 2019–2023 (000’ Usd)

Table 36 Spain: Export Data For Hs Code 8702: Electric Commercial Vehicle Export Share, By Country, 2019–2023 (000’ Usd)

Table 37 Netherlands: Electric Vehicle Incentives

Table 38 Netherlands: Ev Charging Station Incentives

Table 39 Germany: Electric Vehicle Incentives

Table 40 Germany: Ev Charging Station Incentives

Table 41 France: Electric Vehicle Incentives

Table 42 France: Ev Charging Station Incentives

Table 43 Uk: Electric Vehicle Incentives

Table 44 Uk: Ev Charging Station Incentives

Table 45 China: Electric Vehicle Incentives

Table 46 China: Ev Charging Station Incentives

Table 47 Us: Electric Vehicle Incentives

Table 48 Us: Ev Charging Station Incentives

Table 49 Asia Pacific: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 50 North America: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 51 Europe: Regulatory Bodies, Government Agencies, And Other Organizations

Table 52 Rest Of The World: Regulatory Bodies, Government Agencies, And Other Organizations

Table 53 Electric Commercial Vehicle Market: Key Conferences And Events, 2025– 2026

Table 54 Influence Of Institutional Buyers On Buying Process For Electric Commercial Vehicles

Table 55 Electric Commercial Vehicle Market, By Vehicle Type, 2019–2023 (Units)

Table 56 Electric Commercial Vehicle Market, By Vehicle Type, 2024–2030 (Units)

Table 57 Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 58 Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 59 Electric Commercial Vehicle, By Vehicle Type

Table 60 Pickup Trucks: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 61 Pickup Trucks: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 62 Pickup Trucks: Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 63 Pickup Trucks: Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 64 Trucks: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 65 Trucks: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 66 Trucks: Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 67 Trucks: Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 68 Medium-duty Trucks: Electric Commercial Vehicle Market,

By Region, 2019–2023 (Units)

Table 69 Medium-duty Trucks: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 70 Medium-duty Trucks: Electric Commercial Vehicle Market, By Region, 2019–2023 (Usd Million)

Table 71 Medium-duty Trucks: Electric Commercial Vehicle Market, By Region, 2024–2030 (Usd Million)

Table 72 Heavy-duty Trucks: Electric Commercial Vehicle Market, By Region, 2019–2023 (Units)

Table 73 Heavy-duty Trucks: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 74 Heavy-duty Trucks: Electric Commercial Vehicle Market, By Region, 2019–2023 (Usd Million)

Table 75 Heavy-duty Trucks: Electric Commercial Vehicle Market, By Region, 2024–2030 (Usd Million)

Table 76 Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 77 Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 78 Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 79 Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 80 Light Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 81 Light Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 82 Light Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 83 Light Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 84 Full-size Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 85 Full-size Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 86 Full-size Vans: Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 87 Full-size Vans: Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 88 Buses & Coaches: Electric Commercial Vehicle Market, By Region, 2019–2023 (Units)

Table 89 Buses & Coaches: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 90 Buses & Coaches: Electric Commercial Vehicle Market, By Region, 2019–2023 (Usd Million)

Table 91 Buses & Coaches: Electric Commercial Vehicle Market, By Region, 2024–2030 (Usd Million)

Table 92 Electric Commercial Vehicle Market, By Propulsion,

2019–2023 (Units)

Table 93 Electric Commercial Vehicle Market, By Propulsion, 2024–2030 (Units)

Table 94 Electric Commercial Vehicle Models, By Propulsion Type

Table 95 Bevs: Electric Commercial Vehicle Market, By Region, 2019–2023 (Units)

Table 96 Bevs: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 97 Fcevs: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 98 Fcevs: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 99 Electric Commercial Vehicle Market, By Battery Type,

2019–2023 (Units)

Table 100 Electric Commercial Vehicle Market, By Battery Type,

2024–2030 (Units)

Table 101 Nmc Batteries: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 102 Nmc Batteries: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 103 Electric Commercial Vehicle Models With Lithium-ion Batteries

Table 104 Lfp Batteries: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 105 Lfp Batteries: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 106 Solid-state Batteries: Electric Commercial Vehicle Market,

By Region, 2019–2023 (Units)

Table 107 Solid-state Batteries: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 108 Others: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 109 Others: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 110 Electric Commercial Vehicle Market, By Battery Capacity,

2019–2023 (Units)

Table 111 Electric Commercial Vehicle Market, By Battery Capacity,

2024–2030 (Units)

Table 112 Less Than 60 Kwh: Electric Commercial Vehicle Market,

By Region, 2019–2023 (Units)

Table 113 Less Than 60 Kwh: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 114 60–120 Kwh: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 115 60–120 Kwh: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 116 121–200 Kwh: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 117 121–200 Kwh: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 118 201–300 Kwh Electric Commercial Vehicle Models, By Oems

Table 119 201–300 Kwh: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 120 201–300 Kwh: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 121 301–500 Kwh: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 122 301–500 Kwh: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 123 501–1,000 Kwh: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 124 501–1,000 Kwh: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 125 Electric Commercial Vehicle Market, By Power Output,

2019–2023 (Units)

Table 126 Electric Commercial Vehicle Market, By Power Output,

2024–2030 (Units)

Table 127 Less Than 100 Kw: Electric Commercial Vehicle Market,

By Region 2019–2023 (Units)

Table 128 Less Than 100 Kw: Electric Commercial Vehicle Market, By Region 2024–2030 (Units)

Table 129 100–250 Kw: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 130 100–250 Kw: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 131 Above 250 Kw: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 132 Above 250 Kw: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 133 Electric Commercial Vehicle Market, By Range, 2019–2023 (Units)

Table 134 Electric Commercial Vehicle Market, By Range, 2024–2030 (Units)

Table 135 Less Than 150 Miles: Electric Commercial Vehicle Market, By Region, 2019–2023 (Units)

Table 136 Less Than 150 Miles: Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 137 151–300 Miles: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 138 151–300 Miles: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 139 Above 300 Miles: Electric Commercial Vehicle Market, By Region,

2019–2023 (Units)

Table 140 Above 300 Miles: Electric Commercial Vehicle Market, By Region,

2024–2030 (Units)

Table 141 Electric Commercial Vehicle Market, By End Use, 2019–2023 (Units)

Table 142 Electric Commercial Vehicle Market, By End Use, 2024–2030 (Units)

Table 143 Electric Commercial Vehicle Market, By Body Construction,

2019–2023 (Units)

Table 144 Electric Commercial Vehicle Market, By Body Construction,

2024–2030 (Units)

Table 145 Products Offered By Battery Manufacturers

Table 146 Onboard Charger Manufacturers For Electric Commercial Vehicles

Table 147 Electric Truck Models, By Electric Motor Type

Table 148 Inverter Manufacturers For Electric Commercial Vehicles

Table 149 Electric Commercial Vehicle Market, By Region, 2019–2023 (Units)

Table 150 Electric Commercial Vehicle Market, By Region, 2024–2030 (Units)

Table 151 Electric Commercial Vehicle Market, By Region,

2019–2023 (Usd Million)

Table 152 Electric Commercial Vehicle Market, By Region,

2024–2030 (Usd Million)

Table 153 Asia Pacific: Electric Commercial Vehicle Market, By Country,

2019–2023 (Units)

Table 154 Asia Pacific: Electric Commercial Vehicle Market, By Country,

2024–2030 (Units)

Table 155 Asia Pacific: Electric Commercial Vehicle Market, By Country,

2019–2023 (Usd Million)

Table 156 Asia Pacific: Electric Commercial Vehicle Market, By Country,

2024–2030 (Usd Million)

Table 157 China: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 158 China: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 159 China: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 160 China: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 161 Japan: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 162 Japan Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 163 Japan: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 164 Japan Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 165 India: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 166 India: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 167 India: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 168 India: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 169 South Korea: Electric Commercial Vehicle Market, By Vehicle Type, 2019–2023 (Units)

Table 170 South Korea: Electric Commercial Vehicle Market, By Vehicle Type, 2024–2030 (Units)

Table 171 South Korea: Electric Commercial Vehicle Market, By Vehicle Type, 2019–2023 (Usd Million)

Table 172 South Korea: Electric Commercial Vehicle Market, By Vehicle Type, 2024–2030 (Usd Million)

Table 173 Europe: Electric Commercial Vehicle Market, By Country,

2019–2023 (Units)

Table 174 Europe: Electric Commercial Vehicle Market, By Country,

2024–2030 (Units)

Table 175 Europe: Electric Commercial Vehicle Market, By Country,

2019–2023 (Usd Million)

Table 176 Europe: Electric Commercial Vehicle Market, By Country,

2024–2030 (Usd Million)

Table 177 France: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 178 France: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 179 France: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 180 France: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 181 Germany: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 182 Germany: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 183 Germany: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 184 Germany: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 185 Spain: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 186 Spain: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 187 Spain: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 188 Spain: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 189 Austria: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 190 Austria: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 191 Austria: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 192 Austria: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 193 Norway: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 194 Norway: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 195 Norway: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 196 Norway: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 197 Sweden: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 198 Sweden: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 199 Sweden: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 200 Sweden: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 201 Netherlands: Electric Commercial Vehicle Market, By Vehicle Type, 2019–2023 (Units)

Table 202 Netherlands: Electric Commercial Vehicle Market, By Vehicle Type, 2024–2030 (Units)

Table 203 Netherlands: Electric Commercial Vehicle Market, By Vehicle Type, 2019–2023 (Usd Million)

Table 204 Netherlands: Electric Commercial Vehicle Market, By Vehicle Type, 2024–2030 (Usd Million)

Table 205 Uk: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 206 Uk: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 207 Uk: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 208 Uk: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 209 Italy: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 210 Italy: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 211 Italy: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 212 Italy: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 213 Others: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 214 Others: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 215 Others: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 216 Others: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 217 North America: Electric Commercial Vehicle Market, By Country,

2019–2023 (Units)

Table 218 North America: Electric Commercial Vehicle Market, By Country,

2024–2030 (Units)

Table 219 North America: Electric Commercial Vehicle Market, By Country,

2019–2023 (Usd Million)

Table 220 North America: Electric Commercial Vehicle Market, By Country,

2024–2030 (Usd Million)

Table 221 Us: Electric Vehicle Incentives

Table 222 Us: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 223 Us: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 224 Us: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 225 Us: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 226 Canada: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Units)

Table 227 Canada: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Units)

Table 228 Canada: Electric Commercial Vehicle Market, By Vehicle Type,

2019–2023 (Usd Million)

Table 229 Canada: Electric Commercial Vehicle Market, By Vehicle Type,

2024–2030 (Usd Million)

Table 230 Overview Of Strategies Deployed By Key Companies

Table 231 Electric Commercial Vehicle Market Share Of Top Five Players, 2024

Table 232 Electric Commercial Vehicle Market: Electric Bus Comparison

Table 233 Electric Commercial Vehicle Market: Electric Vans Comparison

Table 234 Electric Commercial Vehicle Market: Regional Type Footprint, 2024

Table 235 Electric Commercial Vehicle Market: Vehicle Type Footprint, 2024

Table 236 Electric Commercial Vehicle Market: Propulsion Type Footprint, 2024

Table 237 Electric Commercial Vehicle Market: Battery Type Footprint, 2024

Table 238 Electric Commercial Vehicle Market: Key Startups/Smes

Table 239 Electric Commercial Vehicle Market: Product Launches,

January 2021–january 2025

Table 240 Electric Commercial Vehicle Market: Deals, January 2021–

January 2025

Table 241 Electric Commercial Vehicle Market: Expansions,

January 2021–january 2025

Table 242 Electric Commercial Vehicle Market: Other Developments, January 2021–january 2025

Table 243 Byd: Company Overview

Table 244 Byd: Products Offered

Table 245 Byd: Product Launches, January 2021–january 2025

Table 246 Byd: Deals, January 2021–january 2025

Table 247 Byd: Expansions, January 2021–january 2025

Table 248 Byd: Other Developments, January 2021–january 2025

Table 249 Mercedes-benz Group Ag: Company Overview

Table 250 Mercedes-benz Group Ag: Products Offered

Table 251 Mercedes-benz Group Ag: Product Launches, January 2021–

January 2025

Table 252 Mercedes-benz Group Ag: Deals, January 2021–january 2025

Table 253 Mercedes-benz Group Ag: Expansions, January 2021–january 2025

Table 254 Mercedes-benz Group Ag: Other Developments, January 2021–j

Anuary 2025

Table 255 Yutong Bus Co., Ltd.: Company Overview

Table 256 Yutong Bus Co., Ltd.: Products Offered

Table 257 Yutong Bus Co., Ltd.: Product Launches, January 2021–january 2025

Table 258 Yutong Bus Co., Ltd.: Deals, January 2021–january 2025

Table 259 Yutong Bus Co., Ltd.: Expansions, January 2021–january 2025

Table 260 Yutong Bus Co., Ltd.: Other Developments, January 2021–january 2025

Table 261 Ab Volvo: Company Overview

Table 262 Ab Volvo: Products Offered

Table 263 Ab Volvo: Product Launches, January 2021–january 2025

Table 264 Ab Volvo: Deals, January 2021–january 2025

Table 265 Ab Volvo: Expansions, January 2021–january 2025

Table 266 Ford Motor Company: Company Overview

Table 267 Ford Motor Company: Products Offered

Table 268 Ford Motor Company: Product Launches, January 2021–january 2025

Table 269 Ford Motor Company: Deals, January 2021–january 2025

Table 270 Ford Motor Company: Expansions, January 2021–january 2025

Table 271 Ford Motors Company: Other Developments, January 2021–

January 2025

Table 272 Tesla, Inc.: Company Overview

Table 273 Tesla, Inc.: Products Offered

Table 274 Tesla, Inc.: Product Launches, January 2021–january 2025

Table 275 Tesla, Inc.: Deals, January 2021–january 2025

Table 276 Tesla, Inc.: Expansions, January 2021–january 2025

Table 277 Renault: Company Overview

Table 278 Renault: Products Offered

Table 279 Renault: Product Launches, January 2021–january 2025

Table 280 Renault: Deals, January 2021–january 2025

Table 281 Renault: Expansions, January 2021–january 2025

Table 282 Renault: Other Developments, January 2021–january 2025

Table 283 Paccar Inc.: Company Overview

Table 284 Paccar Inc.: Products Offered

Table 285 Paccar Inc.: Product Launches, January 2021–january 2025

Table 286 Paccar Inc.: Deals, January 2021–january 2025

Table 287 Paccar Inc.: Expansions, January 2021–january 2025

Table 288 Paccar Inc.: Other Developments, January 2021–january 2025

Table 289 Scania Ab: Company Overview

Table 290 Scania Ab: Products Offered

Table 291 Scania Ab: Product Launches, January 2021–january 2025

Table 292 Scania Ab: Deals, January 2021–january 2025

Table 293 Scania Ab: Expansions, January 2021–january 2025

Table 294 Scania Ab: Other Developments, January 2021–january 2025

Table 295 Dongfeng Motor Corporation: Company Overview

Table 296 Dongfeng Motor Corporation: Products Offered

Table 297 Dongfeng Motor Corporation: Product Launches, January 2021–january 2025

Table 298 Dongfeng Motor Corporation: Deals, January 2021–january 2025

Table 299 Dongfeng Motor Corporation: Expansions, January 2021–january 2025

Table 300 Dongfeng Motor Corporation: Other Developments, January 2021–january 2025

Table 301 General Motors: Company Overview

Table 302 General Motors: Products Offered

Table 303 General Motors: Product Launches, January 2021–january 2025

Table 304 General Motors: Deals, January 2021–january 2025

Table 305 General Motors: Expansions, January 2021–january 2025

Table 306 General Motors: Other Developments, January 2021–january 2025

Table 307 Vdl Groep: Company Overview

Table 308 Vdl Groep: Products Offered

Table 309 Vdl Groep: Product Launches, January 2021–january 2025

Table 310 Vdl Groep: Deals, January 2021–january 2025

Table 311 Vdl Groep: Expansions, January 2021–january 2025

Table 312 Vdl Groep: Other Developments, January 2021–january 2025

Table 313 Rivian: Company Overview

Table 314 Rivian: Products Offered

Table 315 Rivian: Product Launches, January 2021–january 2025

Table 316 Rivian: Deals, January 2021–january 2025

Table 317 Rivian: Expansions, January 2021–january 2025

Figures List

Figure 1 Electric Commercial Vehicle Market Segmentation

Figure 2 Research Design

Figure 3 Research Design Model

Figure 4 Research Methodology: Hypothesis Building

Figure 5 Approach 1: Bottom-up Approach: Electric Commercial Vehicle Market

Figure 6 Approach 2: Bottom-up Approach: Electric Commercial Vehicle Market

Figure 7 Data Triangulation

Figure 8 Electric Commercial Vehicle Market Overview

Figure 9 Electric Commercial Vehicle Market, By Region,

2024 Vs. 2030 (Usd Million)

Figure 10 Electric Commercial Vehicle Market, By Vehicle Type, 2024 Vs. 2030 (Usd Million)

Figure 11 Key Players In Electric Commercial Vehicle Market

Figure 12 Increasing Adoption Of Zero-emission Vehicles To Drive Market

Figure 13 Light Vans Segment To Lead Market During Forecast Period

Figure 14 Bevs Segment To Dominate Market During Forecast Period

Figure 15 Nmc Batteries Segment To Have Largest Market Share During

Forecast Period

Figure 16 Less Than 150 Miles Segment To Lead Market During Forecast Period

Figure 17 501-1,000 Kwh Segment To Register Highest Cagr During Forecast Period

Figure 18 Above 250 Kw Segment To Register Highest Rate During

Forecast Period

Figure 19 Long-haul Transportation Segment To Register Highest Cagr During Forecast Period

Figure 20 Integrated Segment To Register Highest Cagr During Forecast Period

Figure 21 Asia Pacific To Lead Market During Forecast Period

Figure 22 Drivers, Restraints, Opportunities, And Challenges In Electric Commercial Vehicle Market

Figure 23 Ev Battery Pricing, 2019–2025

Figure 24 Average Global Petrol Prices 2001 Vs. 2011 Vs. 2024

Figure 25 Operating Cost Comparison Of Evs And Ice Vehicles

Figure 26 Life-cycle Ghg Emissions For 40-ton Tractor Trailers,

2021 Vs. 2030 Scenarios

Figure 27 Global Regulatory Comparison For Electric Vehicles And Chargers

Figure 28 Global Electrification Targets, 2024

Figure 29 Battery Safety Architecture

Figure 30 Private, Semi-public, And Public Charging Ownership

Figure 31 Functioning Of Wirelessly Charged Electric Buses

Figure 32 Time Required For Different Charging Types

Figure 33 Growing Demand For Lithium-ion Batteries, 2010–2030

Figure 34 Grid Requirement For Electric Vehicles In Germany

Figure 35 Pricing Analysis, By Region

Figure 36 Bill Of Materials: Electric Light Commercial Vehicles (Usd)

Figure 37 Bill Of Materials: Battery Vs. Non-battery Components (Usd)

Figure 38 Bill Of Materials: Electric Bus Market (Usd)

Figure 39 Oem Sourcing Strategies

Figure 40 Electric Commercial Vehicle Market, By Power Range (Kw)

Figure 41 Market Competitive Assessment, By Payload Capacity

Figure 42 Cargo Delivery Vs. Payload Capacity

Figure 43 Supply Chain Analysis

Figure 44 Electric Commercial Vehicle Market Ecosystem

Figure 45 Electric Commercial Vehicle Market Ecosystem Map

Figure 46 Comparison Of Total Cost Of Ownership: 12 M Electric Buses Vs. 12 M Diesel Buses

Figure 47 Total Cost Of Ownership: Ford Electric Transit Vs. Ice

Transit 3.5 Tons Models

Figure 48 Investment And Funding, 2022–2024

Figure 49 Patent Analysis, 2015–2025

Figure 50 Electric Commercial Vehicle Market: Future Technology Overview Of Electrical Commercial Buses

Figure 51 Packaged Fuel Cell System Module Of Toyota

Figure 52 Smart Ev Charging System

Figure 53 Key Buying Criteria For Commercial Vehicle Type

Figure 54 Electric Commercial Vehicle Market: Trends/Disruptions Impacting Customer Business

Figure 55 Electric Commercial Vehicle Market, By Vehicle Type,

2024 Vs. 2030 (Usd Million)

Figure 56 Electric Commercial Vehicle Market, By Propulsion,

2024 Vs. 2030 (Thousand Units)

Figure 57 Electric Commercial Vehicle Market, By Battery Type,

2024–2030 (Thousand Units)

Figure 58 Electric Commercial Vehicle Market, By Battery Capacity,

2024 Vs. 2030 (Thousand Units)

Figure 59 Electric Commercial Vehicle Market, By Power Output,

2024 Vs. 2030 (Thousand Units)

Figure 60 Electric Commercial Vehicle Market, By Range,

2024 Vs. 2030 (Thousand Units)

Figure 61 Electric Commercial Vehicle Market, By End Use,

2024 Vs. 2030 (Thousand Units)

Figure 62 Electric Commercial Vehicle Market, By Body Construction,

2024 Vs. 2030 (Thousand Units)

Figure 63 Constituents Of Electric Vehicle Charging System

Figure 64 Dc-dc Converter

Figure 65 Hydrogen Fuel Cell Vehicle Components

Figure 66 Global Light Electric Commercial Vehicle Targets

Figure 67 Electric Commercial Vehicle Market, By Region,

2024 Vs. 2030 (Usd Million)

Figure 68 Timeline Of All Existing And Upcoming Regulations In Europe,

Us, And China

 

Figure 69 Asia Pacific: Real Gdp Growth Rate, By Country, 2023–2025

Figure 70 Asia Pacific: Gdp Per Capita, By Country, 2023–2025

Figure 71 Asia Pacific: Inflation Rate Average Consumer Prices,

By Country, 2023–2025

Figure 72 Asia Pacific: Manufacturing Industry Contribution To Gdp, 2023

Figure 73 Asia Pacific: Electric Commercial Vehicle Market Snapshot

Figure 74 Europe: Real Gdp Growth Rate, By Country, 2023–2025

Figure 75 Europe: Gdp Per Capita, By Country, 2023–2025

Figure 76 Europe: Inflation Rate Average Consumer Prices, By Country,

2023–2025

Figure 77 Europe: Manufacturing Industry Contribution To Gdp, 2023

Figure 78 Europe: Electric Commercial Vehicle Market, By Country,

2024 Vs. 2030 (Usd Million)

Figure 79 Uk Ev Roadmap

Figure 80 North America: Real Gdp Growth Rate, By Country, 2023–2025

Figure 81 North America: Gdp Per Capita, By Country, 2023–2025

Figure 82 North America: Cpi Inflation Rate, By Country, 2023–2025

Figure 83 North America: Manufacturing Industry Contribution To Gdp, 2023

Figure 84 North American Ev Battery Initiatives

Figure 85 North America: Electric Commercial Vehicle Market Snapshot

Figure 86 Electric Commercial Vehicle Demand, By End User

Figure 87 Electric Commercial Vehicle Market Share Analysis, 2024

Figure 88 Electric Commercial Vehicle Market: Revenue Analysis Of Key Players, 2019–2023

Figure 89 Company Valuation Of Key Players, 2024 (Usd Billion)

Figure 90 Financial Metrics Of Key Players (Ev/Ebitda)

Figure 91 Electric Commercial Vehicle Market: Brand/Product Comparison

Figure 92 Electric Commercial Vehicle Market: Company Evaluation Matrix (Key Players), 2024

Figure 93 Electric Commercial Vehicle Market: Company Footprint, 2024

Figure 94 Electric Commercial Vehicle Market: Company Evaluation Matrix (Startups/Smes), 2024

Figure 95 Byd: Company Snapshot (2023)

Figure 96 Mercedes-benz Group Ag: Company Snapshot (2023)

Figure 97 New Mercedes-benz Group Ag

Figure 98 Yutong Bus Co., Ltd.: Company Snapshot (2023)

Figure 99 Ab Volvo: Company Snapshot (2023)

Figure 100 Ford Motor Company: Company Snapshot (2023)

Figure 101 Ford Motor Company: Road To Carbon Neutrality

Figure 102 Tesla, Inc.: Company Snapshot, 2023

Figure 103 Tesla, Inc.: Roadmap

Figure 104 Renault: Company Snapshot (2023)

Figure 105 Paccar Inc.: Company Snapshot, 2023

 

Figure 106 Scania Ab: Company Snapshot, 2023

Figure 107 Dongfeng Motor Corporation: Company Snapshot, 2023

Figure 108 General Motors: Company Snapshot, 2023

Figure 109 Vdl Groep: Company Snapshot

Figure 110 Rivian: Company Snapshot, 2023