Topic Discussed : Global Electric LCV Market Opportunity Analysis, Forecast to 2025

Speakers : Chandramowli Kailasam

Key Takeaways:

The demand for electric light-duty (LD) trucks will surge globally with the framing of strict emission regulations. This research provides an overview of the key regional trends in light commercial vehicles (LCVs) ranging up to 6 tonnes of the global electric truck market between 2016 and 2025. Several legislative and environmental factors favouring the electrification of trucks and the top challenges are studied in brief. Frost & Sullivan predicts the electric powertrain penetration in the global LCV market to be 15.9% and forecast that the eLCV market will grow progressively at a CAGR of 28.2% between 2017 and 2025.

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Related Keywords: Frost & Sullivan, Commercial Vehicles, eLCV, Urban Emission Restrictions, Battery Prices

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