Electric Truck Market Size, Share and Forecast Report 2033
Vishal Gupta23 Apr, 2025Technology
The global electric truck market size was valued at USD 852.5 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 6,652.6 Million by 2033, exhibiting a CAGR of 25.6% from 2025-2033. North America currently dominates the market, holding a share of over 37.8% in 2024. The market is experiencing steady growth driven by the growing environmental consciousness and the need to reduce greenhouse gas (GHG) emissions, favorable government initiatives to combat air pollution, and increasing demand for cost-effective transportation solutions in this region.
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