The Business Research Company’s latest report Electric Commercial Vehicles Global Market Report 2020 covers Electric Commercial Vehicles market drivers, Electric Commercial Vehicles market trends, Electric Commercial Vehicles market segments, Electric Commercial Vehicles market growth rate, Electric Commercial Vehicles market major players, and Electric Commercial Vehicles market size. The report provides in-depth analysis of the impact of COVID-19 on the Electric Commercial Vehicles industry, along with revised market numbers due to the effects of the coronavirus.
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Electric
Commercial Vehicles Global Market Report 2020 is the most comprehensive report
available on this market and will help gain a truly global perspective as it
covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights
on supply chain disruptions, logistical challenges, and other economic
implications of the virus on the market. The chapter also covers markets which
have been positively affected by the pandemic.
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The global electric commercial vehicles
market is expected to decline from $48.54 billion in 2019 to $40.7 billion in 2020
at a compound annual growth rate (CAGR) of -16.06%. The decline is mainly due
to economic slowdown across countries owing to the COVID-19 outbreak and the
measures to contain it. The market is then expected to recover and reach $96.85
billion in 2023 at CAGR of 21.8%.
The report covers the Electric
Commercial Vehicles market’s segments-
1) By Propulsion Type: BEV, PHEV, FCEV.
2) By Vehicle Type: Electric Bus, Electric
Truck, Electric Pick-up Truck, Electric Van.
3) By Battery Type: Lithium-Iron-Phosphate
(LFP), Lithium-Nickel-Manganese-Cobalt Oxide (NMC), Others.
4) By Technology: Battery Electric
Commercial Vehicles, Plug-In Hybrids, Hybrids, Fuel Cell Electric Commercial
Vehicles.
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