Projected global electric truck market volume 2018-2026

Published by Statista Research Department, May 11, 2023
The electric truck market worldwide is projected to grow to 324,100 units by 2026, up from some 10,200 commercial vehicles in 2018. This represents a compound annual growth rate of around 73.65 percent between 2020 and 2026. Medium-duty electric trucks are forecast to represent over 93 percent of the global electric commercial vehicle fleet. This is in part due to the infrastructure challenges faced by heavy-duty electric vehicles.

Projections for the electric truck market volume worldwide between 2018 and 2026

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Release date

2021

Region

Worldwide

Survey time period

2018 to 2019

Supplementary notes

Data includes all trucks with a gross vehicle weight above 14,000 pounds.
One pound is equal to approximately 453.59 grams.
Projections are from 2020 to 2026.

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Medium and heavy commercial vehicle market in EuropeTransport industry in EuropeLight commercial vehicle market in EuropeCommercial vehicles worldwideNew energy commercial vehicles in Europe
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