Electric Trucks Market Size [2022-2029] | Industry Share, Size, Trends, Sales, And Growth Forecast Report – QNT Press Release

Pune, India, May 10, 2022 (GLOBE NEWSWIRE) — The global electric trucks market size is expected to showcase growth due to rising prices of fossil fuels. This information is published by Fortune Business Insights in its report, titled “Electric Trucks Market, 2021-2028”. The increasing demand for shipments across the world has boosted vehicle production across the globe. However, low fuel efficiency in long haul transportation results in a heavy investment sector. These factors are contributing significantly to the growth of electric vehicles. Moreover, stringent regulations on carbon emissions are being imposed by several developed nations, thereby augmenting the demand for the product.

Report Coverage:

The report has details on all the latest technology available in the market. The technological advances made in the industry have been highlighted and the potential opportunities associated with that. The report establishes the challenges of the market and advices various solutions to them. It also mentions the growth stimulating factors, restraints, consumption pattern, distribution channels, and all other vital information associated with the market.

Get Sample Report PDF Brochure on Global Electric Trucks Market: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/electric-trucks-market-102512


Heavy-Duty Trucks to Dominate the Market Due to Rising Demand

On the basis of truck type, the market is segmented into light-duty trucks, medium-duty trucks, and heavy-duty trucks.

By electric vehicle type, it is trifurcated into battery electric, hybrid electric, and plug-in hybrid.

Additionally, by application, it is divided into logistics and municipal.

Based on geography, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Drivers & Restraints:

Growth of Logistics Sector to Aid Product Sales


Full story available on Benzinga.com

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