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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Automotive OEMs operating across the nation in the commercial vehicle industry have started releasing updated electric truck models as a result of the profitable potential they have identified.
Electric truck producers could see considerable growth prospects due to the surge in demand for electric vehicles from the logistics sector and the advancement of self-driving technology.
The efforts made at the federal, state, and local levels to phase out conventional cars and replace them with zero-emission variations are greatly encouraging to truck manufacturers in the nation. The federal government has established corporate average fuel efficiency and greenhouse gas emission criteria for commercial cars to support EVs.
The US 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.
The Gen3 8TT and 6F, two ground-breaking battery-electric heavy-duty trucks from BYD, were released. They have beautiful looks and blend performance, dependability, and driver comfort.
Improved aerodynamics and energy efficiency are features of the fashionable cabs. Advanced Driver-Assistance Systems (ADAS), which are standard on the truck, make driving simpler and safer.
The trucks include an electronic parking brake system, keyless entry, push-button starting, and a CCS1 charging capacity of up to 185kW. The 8TT and 6F's extended range models have a range of up to 200 miles on a single charge.
Gen 3 8TT is a flexible vehicle that may be used for distribution, regional hauling, and drayage. The 6F is capable of hauling and distributing goods locally. Additionally, a body for collecting trash can be added to it.
| 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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