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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Africa is a continent that is rapidly evolving, with numerous nations implementing tax incentives to speed up the importation of electric vehicles and now creating their own two and three-wheel vehicles.
Minibuses are the primary form of public transportation in many African cities, with motorbikes serving as a backup. According to estimates, car emissions are responsible for almost 90% of the urban air pollution in developing nations.
Emissions from transportation-related sources are also a significant contributor to chronic respiratory diseases and early mortality in Africa.
In order to reduce transportation's carbon footprint and enhance the air quality in African cities, initiatives to promote the usage of electric trucks ought to be applauded.
The Africa Electric Truck Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Volvo Trucks introduces an electric vehicle with a greater range. Volvo VNR Electric's first-generation vehicle has a 240-kilometre operational range (150 miles).
Volvo Trucks is still at the forefront of the global rollout of zero-emission trucks. The business has now introduced an improved Volvo VNR Electric in North America with up to 85% more range and quicker charging.
A new improved class 8 electric truck has been introduced, with a range of operation of up to 440 km (275 miles) and higher energy storage of up to 565 kWh.
A new six battery-package option and enhanced battery architecture are two factors that contributed to the increased performance.
With a charging capacity of 250kW, the new Volvo VNR Electric also cuts down on the amount of time needed to fully recharge. For the six-battery package, this means 90 minutes, and for the four-battery version, 60 minutes.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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