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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 104.48 Billion

CAGR (2026-2031)

18.61%

Fastest Growing Segment

500 Miles & Above

Largest Market

Asia Pacific

Market Size (2031)

USD 290.91 Billion

Market Overview

The Global Electric Commercial Vehicle Market will grow from USD 104.48 Billion in 2025 to USD 290.91 Billion by 2031 at a 18.61% CAGR. Electric Commercial Vehicles (ECVs) are defined as transportation units propelled by electric motors and powered by energy stored in rechargeable battery packs, specifically engineered for the carriage of goods or passengers in commercial operations. The market is primarily driven by stringent government emission regulations aiming for decarbonization and the increasing economic viability resulting from Total Cost of Ownership parity with internal combustion engine counterparts. Additionally, the rising demand for sustainable logistics solutions in urban environments and corporate sustainability mandates are accelerating the adoption of these zero-emission fleets across major economies.

A significant challenge impeding the widespread expansion of the Global Electric Commercial Vehicle Market is the inadequacy of high-power charging infrastructure essential for heavy-duty operations. Fleet operators face substantial hurdles regarding grid capacity constraints and the significant capital investment required for private depot charging installations. Highlighting the market's trajectory, according to the International Energy Agency, in 2024, global sales of electric medium- and heavy-duty trucks exceeded 90,000 units. This growth underscores the sector's potential despite the infrastructural barriers that currently limit long-haul capabilities.

Key Market Drivers

Stringent government emission regulations and zero-emission mandates are fundamentally reshaping the sector by legally compelling fleet operators to transition away from internal combustion engines. Policymakers are enacting aggressive decarbonization targets that penalize non-compliance, thereby accelerating the manufacturing and adoption of electric heavy-duty trucks and buses. A primary example of this regulatory pressure occurred when the Council of the European Union formally adopted a new legislative framework. According to the Council of the European Union, May 2024, in the 'Regulation on CO2 emission standards for heavy-duty vehicles', the new rules mandate a 90% reduction in CO2 emissions for new heavy-duty vehicles by 2040 compared to 2019 levels. Such frameworks provide the long-term certainty required for manufacturers to invest heavily in electric powertrains.

Simultaneously, the surge in e-commerce and last-mile delivery demand is creating an immediate commercial use case for electric light commercial vehicles. Logistics companies are rapidly electrifying urban fleets to mitigate rising fuel costs and navigate low-emission zones while fulfilling the high-volume requirements of online retail. This trend is evident in the strategic fleet expansion of major retail giants. According to InsideEVs, December 2024, in the 'Rivian Has Delivered Over 20,000 Electric Vans To Amazon So Far' article, Amazon has scaled its fleet to over 20,000 electric delivery vans across the United States. The broader impact of these combined drivers is reflected in regional sales performance. According to the European Automobile Manufacturers' Association, in 2024, registrations of electrically chargeable lorries across the EU increased by 51.6% during the first half of the year, signaling robust market momentum.

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Key Market Challenges

The inadequacy of high-power charging infrastructure constitutes a critical barrier to the Global Electric Commercial Vehicle Market, particularly for heavy-duty applications. Heavy-duty trucks require megawatt-level charging to replenish large battery packs during mandatory driver breaks, thereby minimizing operational downtime. The current scarcity of such public high-speed stations severely restricts the deployable range of electric fleets, confining them largely to short regional routes. Furthermore, operators face substantial hurdles in establishing private depot charging due to grid capacity limitations, which often necessitate costly utility upgrades.

This infrastructural deficit directly dampens market momentum by creating operational risks that potential adopters are unwilling to accept. Consequently, despite the availability of capable vehicle models, actual uptake rates in key regions have faced stagnation. For instance, according to the European Automobile Manufacturers’ Association (ACEA), in 2024, new registrations of electrically chargeable trucks in the European Union declined by 4.6% year-on-year, holding a market share of only 2.3%. This data underscores how the lack of a reliable charging ecosystem is actively hampering the sector's expansion.

Key Market Trends

The adoption of Battery-as-a-Service (BaaS) business models is emerging as a transformative trend, fundamentally altering fleet procurement strategies. By decoupling battery ownership from the vehicle, this model significantly reduces initial capital expenditure, addressing a primary barrier to entry for operators. Furthermore, battery swapping technology enables operators to replace depleted batteries in minutes, effectively mitigating the downtime associated with stationary charging. This momentum is particularly evident in high-volume markets; according to the International Council on Clean Transportation, March 2025, in the 'Zero-emission medium- and heavy-duty vehicle market in China, 2024' report, sales of battery-swap-capable vehicles reached a total of 29,569 units in 2024, representing a 94% growth from the previous year.

Simultaneously, the sector is witnessing a decisive shift toward Lithium Iron Phosphate (LFP) battery chemistry, diverging from Nickel-Manganese-Cobalt compositions. This transition is driven by LFP's superior thermal stability and longer cycle life, critical attributes for high-utilization commercial applications that require robust safety profiles. Additionally, the absence of expensive cobalt offers a substantial cost advantage, essential for achieving economic viability against diesel incumbents. This technological pivot is reshaping the global supply chain; according to the International Energy Agency, April 2025, in the 'Global EV Outlook 2025', LFP batteries accounted for nearly half of the global electric vehicle battery market in 2024, reflecting the industry's pursuit of durable, cost-efficient energy storage.

Segmental Insights

The 500 Miles & Above range segment is projected to emerge as the fastest-growing category within the Global Electric Commercial Vehicle Market. This rapid expansion is primarily driven by the increasing demand for zero-emission solutions in long-haul logistics, where extended operational range minimizes downtime associated with frequent charging intervals. Stringent emissions standards established by regulatory entities such as the U.S. Environmental Protection Agency are compelling fleet operators to transition heavy-duty trucks to electric powertrains. Consequently, continuous advancements in battery density are enabling manufacturers to produce viable long-distance vehicles that align with these rigorous environmental mandates and essential operational requirements.

Regional Insights

Asia Pacific leads the global electric commercial vehicle market, driven primarily by China’s extensive manufacturing infrastructure and aggressive electrification targets. The region benefits from a robust battery supply chain that significantly lowers production costs for local original equipment manufacturers. Additionally, rapid urbanization and the expansion of the logistics sector have necessitated sustainable transport solutions, prompting fleet operators to transition to electric trucks and vans. Agencies such as the Ministry of Industry and Information Technology in China enforce strict production mandates, while financial subsidies across the region further accelerate the adoption of zero-emission commercial transport.

Recent Developments

  • In November 2024, Daimler Truck commenced the series production of the Mercedes-Benz eActros 600 at its manufacturing plant in Wörth am Rhein, Germany. The electric heavy-duty truck, which featured a battery capacity of over 600 kilowatt-hours, was designed to achieve a range of 500 kilometers without intermediate charging. To streamline operations, the manufacturer integrated the electric model into its existing assembly line alongside diesel trucks, allowing for flexible production based on market demand. This launch followed a rigorous European testing tour of more than 15,000 kilometers, which validated the vehicle's energy efficiency and durability for long-haul commercial applications.
  • In September 2024, Volvo Trucks announced a major breakthrough in heavy-duty electric transport with the unveiling of a new version of the Volvo FH Electric capable of a 600-kilometer range. This extended range was made possible by a new e-axle driveline technology that created sufficient space for significantly increased battery capacity on board. The innovation was intended to allow transport companies to operate long-distance routes with zero tailpipe emissions and complete a full working day without recharging. The President of Volvo Trucks stated that this flagship model would be available for sale in the second half of 2025, complementing their existing electric portfolio.
  • In May 2024, Tata Motors strengthened its position in the electric commercial vehicle sector by launching the Ace EV 1000, a new mini-truck engineered for last-mile mobility. The vehicle featured a rated payload of one tonne and a certified range of 161 kilometers on a single charge, addressing the evolving needs of sectors such as FMCG and beverages. Developed with customer inputs to ensure high uptime, the truck was equipped with an advanced battery management system and fleet telematics. The Vice President of Commercial Vehicles at Tata Motors highlighted that the model was designed to deliver superior operating economics for logistics businesses.
  • In April 2024, Renault Group, Volvo Group, and CMA CGM Group officially launched a joint venture company named Flexis SAS, specifically created to lead the development of the next generation of electric vans. This collaboration addressed the urgent demand for decarbonized urban logistics by combining the industrial expertise of two major automotive manufacturers with the logistics know-how of a global shipping leader. Renault and Volvo each invested €300 million for a 45% stake, while CMA CGM committed €120 million for the remaining 10%. The partners announced that the new company would manufacture software-defined electric light commercial vehicles at the Sandouville plant in France.

Key Market Players

  • BYD Auto
  • Daimler Truck
  • Volvo Group
  • Tata Motors
  • General Motors / BrightDrop
  • Ford Motor Company
  • Rivian
  • Yutong Group
  • MAN Truck & Bus
  • Proterra

By Vehicle Type

By Propulsion Type

By Range

By Region

  • Light Commercial Vehicle
  • Bus
  • Truck
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in Hybrid Electric Vehicle
  • Fuel Cell Electric Vehicle
  • 0-150 Miles 151-250 Miles 251-500 Miles 500 Miles & Above
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Electric Commercial Vehicle Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Electric Commercial Vehicle Market, By Vehicle Type:
  • Light Commercial Vehicle
  • Bus
  • Truck
  • Electric Commercial Vehicle Market, By Propulsion Type:
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in Hybrid Electric Vehicle
  • Fuel Cell Electric Vehicle
  • Electric Commercial Vehicle Market, By Range:
  • 0-150 Miles 151-250 Miles 251-500 Miles 500 Miles & Above
  • Electric Commercial Vehicle Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electric Commercial Vehicle Market.

Available Customizations:

Global Electric Commercial Vehicle Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Electric Commercial Vehicle Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Electric Commercial Vehicle Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Vehicle Type (Light Commercial Vehicle, Bus, Truck)

5.2.2.  By Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle)

5.2.3.  By Range (0-150 Miles 151-250 Miles 251-500 Miles 500 Miles & Above)

5.2.4.  By Region

5.2.5.  By Company (2025)

5.3.  Market Map

6.    North America Electric Commercial Vehicle Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Vehicle Type

6.2.2.  By Propulsion Type

6.2.3.  By Range

6.2.4.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Electric Commercial Vehicle Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Vehicle Type

6.3.1.2.2.  By Propulsion Type

6.3.1.2.3.  By Range

6.3.2.    Canada Electric Commercial Vehicle Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Vehicle Type

6.3.2.2.2.  By Propulsion Type

6.3.2.2.3.  By Range

6.3.3.    Mexico Electric Commercial Vehicle Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Vehicle Type

6.3.3.2.2.  By Propulsion Type

6.3.3.2.3.  By Range

7.    Europe Electric Commercial Vehicle Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Vehicle Type

7.2.2.  By Propulsion Type

7.2.3.  By Range

7.2.4.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Electric Commercial Vehicle Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Vehicle Type

7.3.1.2.2.  By Propulsion Type

7.3.1.2.3.  By Range

7.3.2.    France Electric Commercial Vehicle Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Vehicle Type

7.3.2.2.2.  By Propulsion Type

7.3.2.2.3.  By Range

7.3.3.    United Kingdom Electric Commercial Vehicle Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Vehicle Type

7.3.3.2.2.  By Propulsion Type

7.3.3.2.3.  By Range

7.3.4.    Italy Electric Commercial Vehicle Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Vehicle Type

7.3.4.2.2.  By Propulsion Type

7.3.4.2.3.  By Range

7.3.5.    Spain Electric Commercial Vehicle Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Vehicle Type

7.3.5.2.2.  By Propulsion Type

7.3.5.2.3.  By Range

8.    Asia Pacific Electric Commercial Vehicle Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Vehicle Type

8.2.2.  By Propulsion Type

8.2.3.  By Range

8.2.4.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Electric Commercial Vehicle Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Vehicle Type

8.3.1.2.2.  By Propulsion Type

8.3.1.2.3.  By Range

8.3.2.    India Electric Commercial Vehicle Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Vehicle Type

8.3.2.2.2.  By Propulsion Type

8.3.2.2.3.  By Range

8.3.3.    Japan Electric Commercial Vehicle Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Vehicle Type

8.3.3.2.2.  By Propulsion Type

8.3.3.2.3.  By Range

8.3.4.    South Korea Electric Commercial Vehicle Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Vehicle Type

8.3.4.2.2.  By Propulsion Type

8.3.4.2.3.  By Range

8.3.5.    Australia Electric Commercial Vehicle Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Vehicle Type

8.3.5.2.2.  By Propulsion Type

8.3.5.2.3.  By Range

9.    Middle East & Africa Electric Commercial Vehicle Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Vehicle Type

9.2.2.  By Propulsion Type

9.2.3.  By Range

9.2.4.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Electric Commercial Vehicle Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Vehicle Type

9.3.1.2.2.  By Propulsion Type

9.3.1.2.3.  By Range

9.3.2.    UAE Electric Commercial Vehicle Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Vehicle Type

9.3.2.2.2.  By Propulsion Type

9.3.2.2.3.  By Range

9.3.3.    South Africa Electric Commercial Vehicle Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Vehicle Type

9.3.3.2.2.  By Propulsion Type

9.3.3.2.3.  By Range

10.    South America Electric Commercial Vehicle Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Propulsion Type

10.2.3.  By Range

10.2.4.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Electric Commercial Vehicle Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Vehicle Type

10.3.1.2.2.  By Propulsion Type

10.3.1.2.3.  By Range

10.3.2.    Colombia Electric Commercial Vehicle Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Vehicle Type

10.3.2.2.2.  By Propulsion Type

10.3.2.2.3.  By Range

10.3.3.    Argentina Electric Commercial Vehicle Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Vehicle Type

10.3.3.2.2.  By Propulsion Type

10.3.3.2.3.  By Range

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Electric Commercial Vehicle Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  BYD Auto

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Daimler Truck

15.3.  Volvo Group

15.4.  Tata Motors

15.5.  General Motors / BrightDrop

15.6.  Ford Motor Company

15.7.  Rivian

15.8.  Yutong Group

15.9.  MAN Truck & Bus

15.10.  Proterra

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

List of Figures

Figure 1: Global Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 2: Global Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 3: Global Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 4: Global Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 5: Global Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 6: Global Electric Commercial Vehicle Market Share, By Region, By Volume, 2017-2027F

Figure 7: Global Electric Commercial Vehicle Market Share, By Company, By Value, 2021

Figure 8: Global Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 9: Global Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 10: Global Electric Commercial Vehicle Market Map, By Range Market Size (Units) & Growth Rate (%)

Figure 11: Global Electric Commercial Vehicle Market Map, By Region, Market Size (Units) & Growth Rate (%)

Figure 12: APAC Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 13: APAC Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 14: APAC Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 15: APAC Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 16: APAC Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 17: APAC Electric Commercial Vehicle Market Share, By Country, By Volume, 2017-2027F

Figure 18: APAC Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 19: APAC Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 20: China Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 21: China Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 22: China Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 23: China Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 24: China Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 25: Japan Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 26: Japan Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 27: Japan Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 28: Japan Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 29: Japan Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 30: South Korea Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 31: South Korea Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 32: South Korea Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 33: South Korea Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 34: South Korea Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 35: India Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 36: India Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 37: India Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 38: India Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 39: India Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 40: Australia Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 41: Australia Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 42: Australia Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 43: Australia Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 44: Australia Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 45: Thailand Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 46: Thailand Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 47: Thailand Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 48: Thailand Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 49: Thailand Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 50: Malaysia Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 51: Malaysia Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 52: Malaysia Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 53: Malaysia Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 54: Malaysia Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 55: North America Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 56: North America Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 57: North America Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 58: North America Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 59: North America Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 60: North America Electric Commercial Vehicle Market Share, By Country, By Volume, 2017-2027F

Figure 61: North America Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 62: North America Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 63: United States Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 64: United States Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 65: United States Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 66: United States Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 67: United States Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 68: Canada Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 69: Canada Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 70: Canada Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 71: Canada Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 72: Canada Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 73: Mexico Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 74: Mexico Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 75: Mexico Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 76: Mexico Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 77: Mexico Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 78: Europe Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 79: Europe Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 80: Europe Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 81: Europe Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 82: Europe Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 83: Europe Electric Commercial Vehicle Market Share, By Country, By Volume, 2017-2027F

Figure 84: Europe Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 85: Europe Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 86: France Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 87: France Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 88: France Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 89: France Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 90: France Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 91: Germany Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 92: Germany Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 93: Germany Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 94: Germany Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 95: Germany Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 96: United Kingdom Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 97: United Kingdom Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 98: United Kingdom Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 99: United Kingdom Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 100: United Kingdom Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 101: Norway Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 102: Norway Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 103: Norway Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 104: Norway Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 105: Norway Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 106: Netherland Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 107: Netherland Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 108: Netherland Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 109: Netherland Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 110: Netherland Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 111: Italy Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 112: Italy Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 113: Italy Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 114: Italy Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 115: Italy Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 116: Spain Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 117: Spain Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 118: Spain Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 119: Spain Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 120: Spain Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 121: Sweden Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 122: Sweden Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 123: Sweden Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 124: Sweden Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 125: Sweden Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 126: South America Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 127: South America Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 128: South America Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 129: South America Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 130: South America Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 131: South America Electric Commercial Vehicle Market Share, By Country, By Volume, 2017-2027F

Figure 132: South America Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 133: South America Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 134: Brazil Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 135: Brazil Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 136: Brazil Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 137: Brazil Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 138: Brazil Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 139: Argentina Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 140: Argentina Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 141: Argentina Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 142: Argentina Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 143: Argentina Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 144: Colombia Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 145: Colombia Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 146: Colombia Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 147: Colombia Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 148: Colombia Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 149: Middle East & Africa Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 150: Middle East & Africa Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 151: Middle East & Africa Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 152: Middle East & Africa Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 153: Middle East & Africa Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 154: Middle East & Africa Electric Commercial Vehicle Market Share, By Country, By Volume, 2017-2027F

Figure 155: Middle East & Africa Electric Commercial Vehicle Market Map, By Country, Market Size (Units) & Growth Rate (%)

Figure 156: Middle East & Africa Electric Commercial Vehicle Market Map, By Vehicle Type, Market Size (Units) & Growth Rate (%)

Figure 157: UAE Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 158: UAE Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 159: UAE Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 160: UAE Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 161: UAE Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 162: Israel Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 163: Israel Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 164: Israel Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 165: Israel Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 166: Israel Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 167: South Africa Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 168: South Africa Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 169: South Africa Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 170: South Africa Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Figure 171: South Africa Electric Commercial Vehicle Market Share, By Range, By Volume, 2017-2027F

Figure 172: Saudi Arabia Electric Commercial Vehicle Market Size, By Volume (Units), 2017-2027F

Figure 173: Saudi Arabia Electric Commercial Vehicle Market Size, By Value (USD Million), 2017-2027F

Figure 174: Saudi Arabia Electric Commercial Vehicle Market Share, By Propulsion Type, By Volume, 2017-2027F

Figure 175: Saudi Arabia Electric Commercial Vehicle Market Share, By Vehicle Type, By Volume, 2017-2027F

Frequently asked questions

Frequently asked questions

The market size of the Global Electric Commercial Vehicle Market was estimated to be USD 104.48 Billion in 2025.

Asia Pacific is the dominating region in the Global Electric Commercial Vehicle Market.

500 Miles & Above segment is the fastest growing segment in the Global Electric Commercial Vehicle Market.

The Global Electric Commercial Vehicle Market is expected to grow at 18.61% between 2026 to 2031.

Related Reports

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