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LIGHT COMMERCIAL VEHICLE MARKET ANALYSIS

Light Commercial Vehicle Market, By Propulsion Type (Internal Combustion Engine and Electric & Hybrid), By Vehicle Class (Class 1 and Class 2), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In September 2022, FUSO, a subsidiary of Daimler Truck SE based in Japan, launched the next generation of its electric eCanter light commercial vehicles. These vehicles are set to hit the Japanese market in spring 2023.
  • In June 2022, Nissan launched latest Townstar van, succeeding the e-NV200 model. The Townstar offers both petrol and fully electric engine options and aims to expedite the transition to zero-emission driving. This addition to Nissan's electric compact LCV series is engineered to meet evolving client needs with reliability, efficiency, and durability in mind.
  • Renault introduced the Master E-Tech Electric in June 2022, featuring a 52 kWh lithium-ion battery and a 92 kW motor capacity. This electric van boasts a range of 126 miles.
  • In May 2022, General Motors announced its plans to launch the Zevo 400 in 2023, a mid-sized electric van designed for short and frequent trips, equipped with ADAS features and offering a range of 250 miles.

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