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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Many businesses are creating challenging targets for their greenhouse gas emissions, and electric vehicles are one way to do it. This technology is undoubtedly driven by stricter pollution restrictions as well as the need for better air quality and less noise, particularly in metropolitan areas.
Transport effectiveness is another key factor. When compared to their diesel counterparts, electric vehicles can access more sites and make deliveries at night and during off-peak hours, including inside of buildings.
The demand for zero-emission transportation is also a motivating factor, since many transport consumers have set lofty goals in this regard.
When a truck is in use, its environmental impact is quite minimal; however, during production, it is significantly higher. Trucks are used extensively, therefore it is easy to quickly make up for this.
Compared to diesel drivelines, electric drivelines are significantly more energy efficient. When they use electricity from renewable sources, they have the least negative environmental effects.
TheTaiwan 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.
Smith Electric Vehicles, a commercial EV manufacturer, and Taikang Technology Corporation, a Taiwanese manufacturer that specialises in fitting out municipal commercial vehicles, have signed a letter of intent to establish a joint venture.
A new manufacturing facility will be constructed in Taiwan by the JV. In an agreement to convert its fleet of garbage trucks to all-electric vehicles, Taikang has been working with the Taiwanese Environmental Protection Agency.
The Newton and Edison lines of Smith Electric vehicles, which feature exclusive Smith Drive, Smith Power, and Smith Link components, will be modified for garbage collection.
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 |