- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2024-2030
An electric truck is a battery-operated electric vehicle intended to deliver goods, carry specific payloads, or carry out other practical tasks.
Traditionally powered by lead-acid batteries, electric trucks have served specialised uses such as milk floats, pushback tugs, and forklifts.
However, the rapid development of lighter, more energy-dense battery chemistries in the twenty-first century has expanded the range of applications for electric propulsion to trucks in many more roles.
The expansion of the market may be ascribed to rising environmental consciousness and rising commercial vehicle usage in the logistics and transportation industries.
The Saudi Arabia 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.
New Daily CNH Industrial brand electric variations are introduced by Iveco. At the 19th iteration of Ecomondo, a trade show devoted to the green economy, Iveco unveiled an electric variant of its New Daily light commercial vehicle (LCV) in the middle east.
The Iveco New Daily Electric (NDE) offers a number of noteworthy improvements over the previous Daily Electric, including up to 20% longer battery life and lower energy usage due to high-efficiency, light-weight electric auxiliaries.
According to the New European Driving Cycle (NEDC) requirements, the final result is an enhanced range of up to 280km and a payload capacity of about 100k
The car also has a regenerative braking system that enables the driver to decide which braking technique is best given the conditions of the road.
Five agreements with French businesses have just been signed, including one with Gaussin to investigate the possibility of operating hydrogen-powered vehicles, according to the Saudi Arabian Oil Company (Aramco).
Here, Gaussin wants to build a cutting-edge hydrogen car production factory. Saudi Arabian origin. The goal of the partnership between Aramco and Gaussin is to build a factory in the Kingdom of Saudi Arabia that will produce both on- and off-road hydrogen-powered cars.
The hydrogen-fueled racing truck, which will function as an experimental new energy vehicle, will also get sponsorship from Aramco.
Trucks powered by hydrogen fuel cells appear to be a broad area of interest for Saudi Arabia. Hyson Motors inked an MoU to manufacture fuel cell trucks in the nation earlier this year. Hyson Motors intends to construct a manufacturing facility in the region.
| 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 |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.