Electric Van Market, By Propulsion Type (Fuel Cell Electric Vehicle, Plug-in Hybrid Electric Vehicle, and Battery Electric Vehicle), By Vehicle Type (Two-Wheelers, Passenger Cars, and Commercial Vehicles), By Speed (Less Than 100 MPH, 100 to 125 MPH, and More Than 125 MPH), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Oct 2024

Code : CMI7447

Pages :165

Formats :

Excel and PDF

Industry : Automotive and Transportation

Key Developments

In June 2024, Honda is a global automotive and motorcycle manufacturer known for innovation, reliability, and advanced engineering. launched an electric van, the N-VAN e, priced from US$15,550. This launch is a part of Honda's push for its broader decarbonization plan, which will be adopted in all the group's vehicles, making electric vehicles and fuel cell vehicles 40% of global sales by 2030.

In April 2024, Mercedes-Benz is a luxury automotive brand known for producing premium vehicles with cutting-edge technology and elegant design unveiled a luxury electric van, aimed at the Chinese market, based on its pioneering VAN-EA platform. "This new model is positioned as a super-luxury version," said a statement from Mercedes-Benz Vans. Mercedes-Benz is taking advantage of the strategy of deriving benefits from the increased demand for premium vans in China. This new model will be part of the bigger plan to increase its market share in the country.

In May 2023, Suzuki Motor Corporation (Suzuki), Toyota Motor Corporation (Toyota), and Daihatsu Motor Co., Ltd. announced that they will showcase a prototype Battery Electric Vehicle (BEV), an electric mini-commercial van-for which it will be the world's first model with a jointly developed BEV system

In November 2023, in a move that is bound to excite the market, an emerging EV car company, Rivian Automotive, Inc., announced that it will make its custom-designed Rivian Commercial Van available to purchase by any third-party organization. This will give firms all over the world additional opportunities to electrify their delivery fleets with leading-edge technology vehicles, further contributing towards reduced emissions of CO2.

In December 2022, DHL and General Motors inked a deal for electric delivery vans. The electric delivery van is used in last-mile delivery across the world, including over 2,000 electric delivery vans to be delivered worldwide by the end of 2023. The deal will also provide potential access to innovative products and exploration of Ford Pro digital and charging solutions.