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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
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.
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 2024 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.
LATIN AMERICA ELECTRIC TRUCK MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS
| 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, 202-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 202-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 202-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 202-2030 |
| 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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