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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Any truck, semi-truck, bus, terminal tractor, heavy-duty military or commercial work vehicle whose principal propulsion technology is a battery-electric, hydrogen fuel cell electric, or hybrid electric, powered by batteries and an internal combustion engine, is referred to as an electric truck (ICE).
By establishing a subsidy scheme to promote the switch to renewable energy in the road freight transport industry, Germany is likewise stepping into the electric storm. The goal is to quickly adopt hybrid or completely electric solutions in the business while drastically reducing greenhouse gas emissions.
The Germany 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.
With the opening of a plant to produce Nikola Tre electric heavy-duty trucks, the cooperation between Iveco, an international producer of commercial trucks with headquarters in Italy, and Nikola, an American manufacturer of zero-emission trucks, has moved into a new phase.
The Ulm, Germany, manufacturing facility will allow for the construction of Nikola Tre electric heavy-duty trucks, as per the joint venture partners.
The manufacturing start date for MAN Truck & Bus SE's forthcoming series of heavy-duty battery-electric vehicles has been moved up At a recent truck prototype launch at its Nuremberg location, the OEM made this announcement.
The company's Munich factory will manufacture the first batch of 200 machines. In Nuremberg, MAN has been spending in R&D to create its own battery packs for its lineup of electric trucks and buses.
In order to find ways to work together in a number of crucial areas, including vehicle technology, collaborative component sourcing, and mutual vehicle supply, Korea's Hyundai Motor Company and Italy's Iveco Group have come to an understanding. At Hyundai Motor's corporate headquarters, the two OEMs signed a Memorandum of Understanding.
| 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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