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Monday, February 27, 2023

Battery electric truck is expected to remain the largest segment in the global electric truck market

An exciting new study from the team of Lucintel found that electric truck market is expected to reach $XX billion by 2028 with a CAGR of 43% to 45%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/electric-truck-market.aspx.

The electric truck market is segmented based on propulsion, range, vehicle type, end user, and region. In this market, battery electric truck is expected to remain the largest propulsion, and up to 150 miles segment is expected to remain the largest range. Players can benefit from the available opportunities like increasing government's support for the adoption of eco-friendly vehicles over fuel-based vehicles and significant improvement in performance of battery along with the cost.

AB Volvo, BYD, Daimler, Dongfeng Motor Company, Geely Automobiles, Man SE, Paccar Inc.,Scania, Tata Motors, and Workhorse are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/electric-truck-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the electric truck market by propulsion (battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel-cell electric truck), range (up to 150 miles, 151 to 300 miles, and above 300 miles), vehicle type (light-duty electric truck, medium-duty electric truck, and heavy-duty electric truck), end user (last mile delivery, long haul transportation, refuse services, field services, and distribution services), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the electric truck market?

Q.4 What are some changing demands of customers in the electric truck market?

Q.5 What are the new developments in the electric truck market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this electric truck area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this electric truck market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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