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ELECTRIC TRUCK MARKET ANALYSIS

Electric Truck Market, By Propulsion (Battery electric vehicle, Hybrid electric vehicle, Plug-in hybrid electric vehicle, and Fuel cell electric vehicle), By Vehicle Type (Light-duty electric truck, Medium-duty electric truck, and Heavy-duty electric truck), By Range (0-150 miles, 151-300 miles, and 300 miles above), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Market News

Global Electric Truck Market: Key Developments

In February 2020, Volvo Trucks introduced a novel Class 8 battery-electric heavy duty trucks intended for regional transport and construction operations. The company unveiled its new vehicle at the TEC Equipment dealership event in California.

In April 2020, BYD Company Ltd. and Hino Motors, Ltd. entered into a strategic business alliance agreement for focusing on commercial battery electric vehicles development which comprises coaches, buses, and trucks among other commercial vehicles.

In March 2020, Daimler announced the launch of a novel medium-duty Freightliner eM2 106 and a heavy-duty Freightliner eCascadias electric trucks for customer testing in North America.

In March 2020, BYD Company Ltd. and Transcarsell, a transport service provider signed a contract for supplying 20 heavy-duty electric trucks in Ecuador.

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