https://www.custommarketinsights.com/report/electric-truck-market/


According to Custom Market Insights (CMI), the Global Electric Truck Market size was estimated at USD 4.5 Billion in 2021 and is expected to hit around USD 27.5 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 30% from 2022 to 2030.
The report examines the Electric Truck market’s drivers and restraints, as well as their impact analysis. Also, the report mentions global opportunities prevailing in the Electric Truck market.
Electric Truck Market: Overview
Rapid urbanization and industrialization are both contributing to an increase in demand for electric trucks. The electric vehicle is efficient in terms of cost and contributes to time savings simultaneously. For this reason, major electric vehicle manufacturers (OEMs) have begun production on a big scale. This is assisting the growth and development of the global market for electric trucks. Additionally, the market for electric trucks is expanding in new directions because of technological developments in battery development.
Browse the full “Electric Truck Market Size, Trends and Insights By Propulsion (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Vehicle Type (Medium & HCV, LCV), By Range (Less than 200 Miles, More than 200 Miles), By Automation Level (Semi-Autonomous, Fully Autonomous), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” report at https://www.custommarketinsights.com/report/electric-truck-market/