Electric Commercial Vehicles

Electric Commercial Vehicles
Global Electric Commercial Vehicles Market to Reach 2.2 Million Units by 2030
The global market for Electric Commercial Vehicles estimated at 391.7 Thousand Units in the year 2022, is projected to reach a revised size of 2.2 Million Units by 2030, growing at a CAGR of 23.9% over the period 2022-2030. BEV, one of the segments analyzed in the report, is projected to record 25.2% CAGR and reach 1.8 Million Units by the end of the analysis period. Growth in the Other Propulsion Types segment is estimated at 19.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at 40.3 Thousand Units, While China is Forecast to Grow at 22.5% CAGR
The Electric Commercial Vehicles market in the U.S. is estimated at 40.3 Thousand Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 1.2 Million Units by the year 2030 trailing a CAGR of 22.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 20.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 25.1% CAGR.Select Competitors (Total 74 Featured) - Bayerische Motoren Werke AG (BMW GROUP)BYD Co., Ltd.AB VolvoAnhui Jianghuai Automobile Co., Ltd.Blue Bird CorporationAnhui Ankai Automobile Co., Ltd.Beijing Automotive Group Co., Ltd.Clean Fuel Energy Enterprise Co., Ltd.CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.Dongfeng Motor CorporationAVEVAIAtlis Motor VehiclesCROYANCE AUTOBollinger MotorsArrival Ltd.Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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