Latin America Electric Truck Market 2023-2030

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    An electric truck is a battery-powered vehicle that can transport cargo, haul huge payloads, and conduct high-performance tasks. Electric heavy-duty trucks enable enterprises to realise their full potential and set themselves apart from the competition. In Latin America, electric vehicle sales are on the rise.


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    The Latin America Electric Truck Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.



    Scania Mexico will debut the country’s first electric truck, making it the first country in Latin America to do so. The introduction of this truck is in line with the Swedish heavy-vehicle manufacturer’s Science Based Targets, which aim to enhance global decarbonization through electrification.


    The new truck has a power output of 250 KW and an active safety system. It also features a 250-kilometre range, nine lithium-ion batteries, and 1,620 stored energy cells.


    Scania plans to introduce a new electric truck every year in order to cut CO2 emissions. The manufacturer is also working to improve the efficiency of its truck batteries.


    Grupo Modelo, a Mexican beer firm, received 20 21-ton electric trucks from BYD Mexico. This is Latin America’s largest pure electric logistics truck fleet.


    The 20 trucks supplied this time make up Latin America’s largest electric logistics truck fleet, successfully filling the country’s new energy logistics gap by bringing green power to the local logistics and transportation industries. It also aligns with the Mexican transportation industry’s proposed sustainable ideals.





    1. How many Electric Trucks are manufactured per annum in Latin America? Who are the sub-component suppliers in this region?
    2. Cost breakup of a Latin America Electric Truck and key vendor selection criteria
    3. Where is the Electric Truck manufactured? What is the average margin per unit?
    4. Market share of Latin America Electric Truck market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Latin America Electric Truck in-house
    6. key predictions for next 5 years in Latin America Electric Truck market
    7. Average B-2-B Electric Truck market price in all segments
    8. Latest trends in Electric Truck market, by every market segment
    9. The market size (both volume and value) of the Electric Truck market in 2023-2030 and every year in between?
    10. Production breakup of Electric Truck market, by suppliers and their OEM relationship
    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, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    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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