Electric Light Commercial Vehicles Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Electric Light Commercial Vehicles Market is segmented by Vehicle Configuration (Light Commercial Vehicles), by Fuel Category (BEV, FCEV, HEV, PHEV) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

Electric Light Commercial Vehicles Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

Electric Light Commercial Vehicles Market Size

Electric Light Commercial Vehicles Market Summary
Study Period 2017 - 2029
Base Year For Estimation 2024
Forecast Data Period 2025 - 2029
Market Size (2025) USD 72.71 Billion
Market Size (2029) USD 176.8 Billion
CAGR (2025 - 2029) 24.87 %
Market Concentration Low

Major Players

Electric Light Commercial Vehicles Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Electric Light Commercial Vehicles Market Analysis

The Electric Light Commercial Vehicles Market size is estimated at 72.71 billion USD in 2025, and is expected to reach 176.8 billion USD by 2029, growing at a CAGR of 24.87% during the forecast period (2025-2029).

The global electric light commercial vehicles industry is experiencing transformative growth, driven by the convergence of e-commerce expansion and evolving transportation needs. The surge in online retail activities has fundamentally altered logistics and delivery requirements, creating unprecedented demand for sustainable light commercial vehicle solutions. This shift is evidenced by the substantial increase in global light commercial vehicle production, which reached 18,593.85 thousand units in 2021, reflecting the industry's response to changing market dynamics. The e-commerce sector's remarkable growth, generating USD 26.7 trillion in revenue in 2021, has become a crucial catalyst for the electric LCV market's expansion, as businesses increasingly prioritize efficient and environmentally conscious delivery solutions.


Major automotive manufacturers are strategically repositioning themselves to capitalize on the growing demand for electric commercial vehicles. Ford's announcement in March 2022 to introduce four new commercial electric vehicles by 2024, including the Transit Custom one-ton van and Tourneo Custom multi-purpose vehicle, exemplifies this industry-wide transformation. Similarly, Kia Motors' strategic entry into the electric pickup truck segment, with two models planned for release by 2027, demonstrates the industry's commitment to expanding electric vehicle offerings across various commercial vehicle categories. These developments signify a broader industry shift towards comprehensive electrification of commercial fleets.


Governments worldwide are implementing increasingly stringent environmental regulations and supportive policies to accelerate the transition to electric vehicles. Notable initiatives include the establishment of phase-out targets for petrol and diesel vehicles by 2040 in major markets such as China, India, France, and the United Kingdom. These regulatory frameworks are complemented by various incentive programs, infrastructure development initiatives, and public-private partnerships aimed at facilitating the adoption of electric light commercial vehicles. The alignment of governmental policies with industry initiatives is creating a favorable environment for market expansion.


The market is witnessing significant technological advancements in vehicle design, battery efficiency, and charging infrastructure. Manufacturers are investing heavily in research and development to enhance vehicle range, reduce charging times, and improve overall performance capabilities. The integration of smart technologies, advanced driver assistance systems, and connected vehicle features is elevating the operational efficiency of electric LCVs. These technological improvements, coupled with decreasing battery costs and expanding charging networks, are addressing previous adoption barriers and making electric commercial vehicles increasingly attractive for businesses across various sectors.

Segment Analysis: Vehicle Configuration

Light Commercial Vehicles Segment in Electric Light Commercial Vehicles Market

The Light Commercial Vehicles (LCV) segment dominates the global electric light commercial vehicles market, accounting for approximately 100% market share in 2024. This complete market dominance is driven by the increasing adoption of electric LCVs across various commercial applications, including last-mile delivery, urban logistics, and small-scale transportation needs. The segment's growth is further propelled by stringent emission regulations worldwide, particularly in regions like Europe and North America, where governments are actively promoting the transition to electric commercial vehicles. Additionally, advancements in battery technology, expanding charging infrastructure, and decreasing total cost of ownership are making electric LCVs increasingly attractive to fleet operators and businesses. The segment is experiencing robust growth due to the rising e-commerce sector and the subsequent demand for sustainable delivery solutions in urban areas. Major automotive manufacturers are expanding their electric LCV portfolios, introducing new models with improved range and payload capacity, further strengthening the segment's market position.

Market Analysis of Electric Light Commercial Vehicles Market: Chart for Vehicle Configuration

Segment Analysis: Fuel Category

BEV Segment in Electric Light Commercial Vehicles Market

Battery Electric Vehicles (BEVs) have emerged as the dominant force in the electric light commercial vehicles market, commanding approximately 71% of the market share in 2024. This substantial market presence is driven by significant technological advancements in battery technology, extensive government support through incentives and subsidies, and growing consumer preference for zero-emission vehicles. The segment's leadership position is further strengthened by the expanding charging infrastructure across major markets, making BEVs increasingly practical for commercial applications. Major automotive manufacturers are heavily investing in BEV technology, introducing new models with improved range, faster charging capabilities, and enhanced performance characteristics, solidifying BEVs' position as the preferred choice in the electric commercial vehicle sector.

FCEV Segment in Electric Light Commercial Vehicles Market

Fuel Cell Electric Vehicles (FCEVs) represent an emerging technology in the electric light commercial vehicles market, showing promising growth potential through 2024-2029. The segment's expansion is primarily driven by its unique advantages, including rapid refueling capabilities and longer operational range compared to traditional battery electric vehicles. Significant investments in hydrogen infrastructure development, particularly in regions like Europe and Asia-Pacific, are creating favorable conditions for FCEV adoption. The technology is gaining traction, especially in heavy-duty applications where long range and quick refueling are crucial. Major automotive manufacturers are increasingly investing in FCEV technology, recognizing its potential to complement BEVs in the commercial vehicle sector.

Remaining Segments in Fuel Category

The market also encompasses Hybrid Electric Vehicles (HEV) and Plug-in Hybrid Electric Vehicles (PHEV) segments, each serving distinct commercial transportation needs. HEVs continue to play a significant role in the transition towards full electrification, offering improved fuel efficiency without the range anxiety associated with pure electric vehicles. PHEVs bridge the gap between conventional hybrids and full electric vehicles, providing flexibility in operation with both electric and hybrid modes. These segments are particularly important in regions where charging infrastructure is still developing or in applications requiring extended range capabilities. Both technologies continue to evolve with improvements in battery technology and powertrain efficiency, maintaining their relevance in the commercial vehicle sector.

Electric Light Commercial Vehicles Market Geography Segment Analysis

Electric Light Commercial Vehicles Market in Africa

The African electric light commercial vehicles market is experiencing a transformative phase, driven by increasing environmental awareness and supportive government initiatives. While the region faces infrastructure challenges, there is growing recognition of the potential for electric light commercial vehicles to address both environmental concerns and operational cost efficiencies. South Africa leads the regional market with its well-established automotive industry and progressive policies promoting electric vehicle adoption. The country's robust charging infrastructure development and government incentives are creating a conducive environment for market growth. The rest of Africa is gradually embracing electric mobility solutions, with various countries implementing policies to encourage the transition to electric vehicles.

Market Analysis of Electric Light Commercial Vehicles Market: Forecasted Growth Rate by Region

Electric Light Commercial Vehicles Market in Asia-Pacific

The Asia-Pacific region stands at the forefront of the global electric light commercial vehicles market, driven by strong government support, technological advancement, and increasing environmental consciousness. Countries like China, Japan, and India are leading the charge with comprehensive policies promoting electric vehicle adoption. The region's robust manufacturing capabilities, coupled with significant investments in charging infrastructure, create a favorable environment for market growth. The presence of major automotive manufacturers and their focus on electric vehicle development further strengthens the region's position in the global market.

Electric Light Commercial Vehicles Market in China

China dominates the Asia-Pacific electric light commercial vehicles market with approximately 30% market share in 2024. The country's leadership position is reinforced by its strong manufacturing base, extensive charging infrastructure, and comprehensive government support policies. Chinese manufacturers are continuously innovating and expanding their electric vehicle offerings, while significant investments in battery technology and production capabilities further strengthen the country's competitive position. The government's commitment to reducing emissions and promoting clean energy vehicles, coupled with favorable subsidies and incentives, continues to drive market growth.

Electric Light Commercial Vehicles Market in India

India emerges as the fastest-growing market in the Asia-Pacific region, with an expected growth rate of approximately 42% during 2024-2029. The country's rapid market expansion is fueled by increasing awareness of environmental sustainability, government initiatives promoting electric vehicle adoption, and growing demand from the e-commerce sector. India's push towards electric mobility is supported by policies such as FAME II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) and various state-level incentives. The country's developing charging infrastructure and focus on localizing electric vehicle components are creating a strong foundation for sustained market growth.

Electric Light Commercial Vehicles Market in Europe

The European electric light commercial vehicles market demonstrates strong growth potential, supported by stringent emission regulations and comprehensive government support across the region. Countries such as Germany, France, and the UK are leading the market with well-developed charging infrastructure and strong incentive programs. The region's commitment to sustainability and carbon neutrality goals drives the adoption of electric commercial vehicles. The market benefits from the presence of established automotive manufacturers who are increasingly focusing on electric vehicle development and production.

Electric Light Commercial Vehicles Market in Germany

Germany maintains its position as the largest market for electric light commercial vehicles in Europe, leveraging its strong automotive manufacturing heritage and comprehensive support for electric mobility. The country's leadership is supported by robust charging infrastructure, significant research and development investments, and strong government incentives promoting electric vehicle adoption. German automotive manufacturers are at the forefront of electric vehicle innovation, continuously introducing new models and technologies to meet evolving market demands.

Electric Light Commercial Vehicles Market in Norway

Norway stands out as the fastest-growing market in Europe, demonstrating remarkable progress in electric vehicle adoption. The country's success is attributed to its comprehensive incentive system, well-developed charging infrastructure, and strong political commitment to sustainable transportation. Norway's progressive policies, including tax benefits and infrastructure development, create an ideal environment for electric vehicle market growth. The country's emphasis on renewable energy integration with electric mobility further strengthens its position as a leader in sustainable transportation.

Electric Light Commercial Vehicles Market in Middle East

The Middle Eastern electric light commercial vehicles market is witnessing significant transformation, driven by increasing environmental awareness and government initiatives to diversify from traditional fossil fuel dependence. Saudi Arabia emerges as both the largest and fastest-growing market in the region, supported by ambitious Vision 2030 goals and substantial investments in electric vehicle infrastructure. The region's focus on sustainable urban development and smart city initiatives creates favorable conditions for electric commercial vehicle adoption, while growing emphasis on reducing carbon emissions drives market expansion.

Electric Light Commercial Vehicles Market in North America

The North American electric light commercial vehicles market demonstrates robust growth, characterized by strong technological innovation and increasing adoption of sustainable transportation solutions. The United States leads the regional market, while Mexico shows the fastest growth potential. The region benefits from well-developed charging infrastructure, strong government incentives, and the presence of major automotive manufacturers investing heavily in electric vehicle technology. The market is further driven by corporate sustainability goals and increasing demand for efficient last-mile delivery solutions.

Electric Light Commercial Vehicles Market in South America

The South American electric light commercial vehicles market is gaining momentum, with Brazil emerging as both the largest and fastest-growing market in the region. The market's development is supported by increasing environmental consciousness, government initiatives promoting clean energy vehicles, and growing demand from the logistics sector. While infrastructure challenges persist, ongoing investments in charging networks and supportive policies are creating favorable conditions for market growth. The region's focus on reducing urban pollution and embracing sustainable transportation solutions continues to drive the adoption of electric commercial vehicles.

Electric Light Commercial Vehicles Industry Overview

Top Companies in Electric Light Commercial Vehicles Market

The electric light commercial vehicles market is characterized by intense competition among major automotive manufacturers who are rapidly advancing their electrification initiatives. Companies are heavily investing in research and development to enhance battery technology, improve vehicle range, and develop innovative charging solutions. Strategic partnerships and collaborations have become increasingly common, particularly in areas of battery production, charging infrastructure development, and technology sharing. Manufacturers are expanding their production facilities globally, with significant investments in new plants and the conversion of existing facilities to support electric vehicle manufacturing. Product portfolios are being diversified to include various configurations and specifications, catering to different commercial applications and market segments. The industry is witnessing a strong focus on sustainable practices and environmental considerations, with companies integrating these aspects into their manufacturing processes and supply chains.

Market Dominated by Established Automotive Giants

The electric commercial vehicles market exhibits a consolidated structure dominated by established global automotive manufacturers who have successfully leveraged their existing manufacturing capabilities, distribution networks, and brand reputation to establish strong positions in the electric vehicle segment. These major players are primarily large-scale automotive conglomerates with diverse product portfolios, substantial financial resources, and extensive research and development capabilities. The market has witnessed significant merger and acquisition activities, particularly focused on acquiring innovative technology startups, battery manufacturers, and charging infrastructure companies to strengthen technological capabilities and market presence.


The competitive landscape is further shaped by strategic alliances and joint ventures between automotive manufacturers, technology companies, and energy providers. These partnerships are crucial for sharing development costs, accessing new technologies, and expanding market reach. Regional players, particularly in Asia-Pacific, are gaining prominence through government support, local manufacturing advantages, and a deep understanding of regional market requirements. The market also sees increasing participation from new entrants, especially in emerging markets, who are focusing on specific vehicle segments or regional markets to establish their presence.

Innovation and Sustainability Drive Future Success

Success in the electric light commercial vehicles market increasingly depends on companies' ability to innovate while maintaining cost competitiveness. Incumbent manufacturers are focusing on vertical integration, particularly in battery production and charging infrastructure, to secure their supply chains and reduce dependencies on external suppliers. Companies are also investing in smart manufacturing technologies and digitalization to improve operational efficiency and reduce production costs. The development of comprehensive after-sales service networks and customer support systems has become crucial for maintaining market share and building customer loyalty.


For emerging players and contenders, success lies in identifying and exploiting niche market segments while building strategic partnerships to overcome resource limitations. Companies need to focus on developing specialized solutions for specific commercial applications, leveraging regional advantages, and building strong relationships with local stakeholders. The regulatory environment continues to play a crucial role, with companies needing to maintain flexibility in their strategies to adapt to evolving emission standards and government policies. Customer education and awareness programs, along with demonstration of total cost of ownership benefits, are becoming increasingly important for market expansion and penetration.

Electric Light Commercial Vehicles Market Leaders

  1. BAIC Motor Corporation Ltd.

  2. Ford Motor Company

  3. General Motors Company

  4. Groupe Renault

  5. Volkswagen AG

  6. *Disclaimer: Major Players sorted in no particular order
Electric Light Commercial Vehicles Market Concentration
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Electric Light Commercial Vehicles Market News

  • August 2023: General Motors announced its plans to launch an all-electric Cadillac Escalade in late 2024.
  • August 2023: General Motors doubled down on plans for an electric future in the Middle East.
  • June 2023: General Motors invested CAD 280 million in the Oshawa plant for next-gen ICE full-size pickups.

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Electric Light Commercial Vehicles Market
Electric Light Commercial Vehicles Market
Electric Light Commercial Vehicles Market
Electric Light Commercial Vehicles Market

Electric Light Commercial Vehicles Market Report - Table of Contents

1. EXECUTIVE SUMMARY & KEY FINDINGS

2. REPORT OFFERS

3. INTRODUCTION

  • 3.1 Study Assumptions & Market Definition
  • 3.2 Scope of the Study​
  • 3.3 Research Methodology

4. KEY INDUSTRY TRENDS

  • 4.1 Population
    • 4.1.1 Africa
    • 4.1.2 Asia-Pacific
    • 4.1.3 Europe
    • 4.1.4 Middle East
    • 4.1.5 North America
    • 4.1.6 South America
  • 4.2 GDP Per Capita
    • 4.2.1 Africa
    • 4.2.2 Asia-Pacific
    • 4.2.3 Europe
    • 4.2.4 Middle East
    • 4.2.5 North America
    • 4.2.6 South America
  • 4.3 Consumer Spending For Vehicle Purchase (cvp)
    • 4.3.1 Africa
    • 4.3.2 Asia-Pacific
    • 4.3.3 Europe
    • 4.3.4 Middle East
    • 4.3.5 North America
    • 4.3.6 South America
  • 4.4 Inflation
    • 4.4.1 Africa
    • 4.4.2 Asia-Pacific
    • 4.4.3 Europe
    • 4.4.4 Middle East
    • 4.4.5 North America
    • 4.4.6 South America
  • 4.5 Interest Rate For Auto Loans
  • 4.6 Impact Of Electrification
  • 4.7 EV Charging Station
  • 4.8 Battery Pack Price
    • 4.8.1 Africa
    • 4.8.2 Asia-Pacific
    • 4.8.3 Europe
    • 4.8.4 Middle East
    • 4.8.5 North America
    • 4.8.6 South America
  • 4.9 New Xev Models Announced
  • 4.10 Logistics Performance Index
    • 4.10.1 Africa
    • 4.10.2 Asia-Pacific
    • 4.10.3 Europe
    • 4.10.4 Middle East
    • 4.10.5 North America
    • 4.10.6 South America
  • 4.11 Fuel Price
  • 4.12 Oem-wise Production Statistics
  • 4.13 Regulatory Framework
  • 4.14 Value Chain & Distribution Channel Analysis

5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

  • 5.1 Vehicle Configuration
    • 5.1.1 Light Commercial Vehicles
  • 5.2 Fuel Category
    • 5.2.1 BEV
    • 5.2.2 FCEV
    • 5.2.3 HEV
    • 5.2.4 PHEV
  • 5.3 Region
    • 5.3.1 Africa
    • 5.3.1.1 South Africa
    • 5.3.1.2 Rest-of-Africa
    • 5.3.2 Asia-Pacific
    • 5.3.2.1 Australia
    • 5.3.2.2 China
    • 5.3.2.3 India
    • 5.3.2.4 Indonesia
    • 5.3.2.5 Japan
    • 5.3.2.6 Malaysia
    • 5.3.2.7 South Korea
    • 5.3.2.8 Thailand
    • 5.3.2.9 Rest-of-APAC
    • 5.3.3 Europe
    • 5.3.3.1 Austria
    • 5.3.3.2 Belgium
    • 5.3.3.3 Czech Republic
    • 5.3.3.4 Denmark
    • 5.3.3.5 Estonia
    • 5.3.3.6 France
    • 5.3.3.7 Germany
    • 5.3.3.8 Ireland
    • 5.3.3.9 Italy
    • 5.3.3.10 Latvia
    • 5.3.3.11 Lithuania
    • 5.3.3.12 Norway
    • 5.3.3.13 Poland
    • 5.3.3.14 Russia
    • 5.3.3.15 Spain
    • 5.3.3.16 Sweden
    • 5.3.3.17 UK
    • 5.3.3.18 Rest-of-Europe
    • 5.3.4 Middle East
    • 5.3.4.1 Saudi Arabia
    • 5.3.4.2 Rest-of-Middle East
    • 5.3.5 North America
    • 5.3.5.1 Canada
    • 5.3.5.2 Mexico
    • 5.3.5.3 US
    • 5.3.5.4 Rest-of-North America
    • 5.3.6 South America
    • 5.3.6.1 Argentina
    • 5.3.6.2 Brazil
    • 5.3.6.3 Rest-of-South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Key Strategic Moves
  • 6.2 Market Share Analysis
  • 6.3 Company Landscape
  • 6.4 Company Profiles
    • 6.4.1 BAIC Motor Corporation Ltd.
    • 6.4.2 BYD Auto Co. Ltd.
    • 6.4.3 Daimler AG (Mercedes-Benz AG)
    • 6.4.4 Dongfeng Motor Corporation
    • 6.4.5 Ford Motor Company
    • 6.4.6 General Motors Company
    • 6.4.7 Groupe Renault
    • 6.4.8 Nissan Motor Co. Ltd.
    • 6.4.9 Rivian Automotive Inc.
    • 6.4.10 Volkswagen AG
  • *List Not Exhaustive

7. KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS

8. APPENDIX

  • 8.1 Global Overview
    • 8.1.1 Overview
    • 8.1.2 Porter’s Five Forces Framework
    • 8.1.3 Global Value Chain Analysis
    • 8.1.4 Market Dynamics (DROs)
  • 8.2 Sources & References
  • 8.3 List of Tables & Figures
  • 8.4 Primary Insights
  • 8.5 Data Pack
  • 8.6 Glossary of Terms
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List of Tables & Figures

  1. Figure 1:  
  2. POPULATION TRENDS, VOLUME IN UNITS, AFRICA, 2017 - 2030
  1. Figure 2:  
  2. POPULATION TRENDS, VOLUME IN UNITS, ASIA-PACIFIC, 2017 - 2030
  1. Figure 3:  
  2. POPULATION TRENDS, VOLUME IN UNITS, EUROPE, 2017 - 2030
  1. Figure 4:  
  2. POPULATION TRENDS, VOLUME IN UNITS, MIDDLE EAST, 2017 - 2030
  1. Figure 5:  
  2. POPULATION TRENDS, VOLUME IN UNITS, NORTH AMERICA, 2017 - 2030
  1. Figure 6:  
  2. POPULATION TRENDS, VOLUME IN UNITS, SOUTH AMERICA, 2017 - 2030
  1. Figure 7:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, AFRICA, 2017 - 2030
  1. Figure 8:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 9:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, EUROPE, 2017 - 2030
  1. Figure 10:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, MIDDLE EAST, 2017 - 2030
  1. Figure 11:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, NORTH AMERICA, 2017 - 2030
  1. Figure 12:  
  2. GDP PER CAPITA AT CURRENT PRICES, VALUE IN USD, SOUTH AMERICA, 2017 - 2030
  1. Figure 13:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, AFRICA, 2017 - 2030
  1. Figure 14:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 15:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, EUROPE, 2017 - 2030
  1. Figure 16:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, MIDDLE EAST, 2017 - 2030
  1. Figure 17:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, NORTH AMERICA, 2017 - 2030
  1. Figure 18:  
  2. AVERAGE CONSUMER SPENDING PER CAPITA ON PURCHASE OF VEHICLES, VALUE IN USD, SOUTH AMERICA, 2017 - 2030
  1. Figure 19:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, AFRICA, 2017 - 2030
  1. Figure 20:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, ASIA-PACIFIC, 2017 - 2030
  1. Figure 21:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, EUROPE, 2017 - 2030
  1. Figure 22:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, MIDDLE EAST, 2017 - 2030
  1. Figure 23:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, NORTH AMERICA, 2017 - 2030
  1. Figure 24:  
  2. INFLATION RATE AT AVERAGE CONSUMER PRICES, PERCENTAGE CHANGE, SOUTH AMERICA, 2017 - 2030
  1. Figure 25:  
  2. AUTO LOAN INTEREST RATES, PERCENTAGE, GLOBAL, 2017 - 2022
  1. Figure 26:  
  2. ELECTRIC VEHICLE MARKET PENETRATION RATE, BY VEHICLE TYPE, PERCENTAGE OF VOLUME, GLOBAL, 2017 - 2030
  1. Figure 27:  
  2. CHARGING STATION DEPLOYMENT, BY TYPE, VOLUME IN UNITS, GLOBAL, 2017 - 2022
  1. Figure 28:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, AFRICA, 2017 - 2030
  1. Figure 29:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, ASIA-PACIFIC, 2017 - 2030
  1. Figure 30:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, EUROPE, 2017 - 2030
  1. Figure 31:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, MIDDLE EAST, 2017 - 2030
  1. Figure 32:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, NORTH AMERICA, 2017 - 2030
  1. Figure 33:  
  2. AVERAGE LITHIUM-ION BATTERY PACK PRICE, VALUE IN USD, SOUTH AMERICA, 2017 - 2030
  1. Figure 34:  
  2. ANNOUNCEMENT OF NEW XEV MODELS, BY VEHICLE TYPE, VOLUME IN UNITS, GLOBAL, 2023 - 2027
  1. Figure 35:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, AFRICA, 2017 - 2030
  1. Figure 36:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, ASIA-PACIFIC, 2017 - 2030
  1. Figure 37:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, EUROPE, 2017 - 2030
  1. Figure 38:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, MIDDLE EAST, 2017 - 2030
  1. Figure 39:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, NORTH AMERICA, 2017 - 2030
  1. Figure 40:  
  2. WORLD BANK LOGISTICS PERFORMANCE INDEX, SOUTH AMERICA, 2017 - 2030
  1. Figure 41:  
  2. FUEL PRICE, BY FUEL TYPE, USD/LITER, GLOBAL, 2017 - 2022
  1. Figure 42:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, VOLUME IN UNITS, 2017 - 2030
  1. Figure 43:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, VALUE IN USD, 2017 - 2030
  1. Figure 44:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY VEHICLE BODY TYPE, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 45:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY VEHICLE BODY TYPE, BY VALUE IN USD, 2017 - 2030
  1. Figure 46:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY VEHICLE BODY TYPE, 2017 - 2030
  1. Figure 47:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY VEHICLE BODY TYPE, 2017 - 2030
  1. Figure 48:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 49:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL CATEGORY, BY VALUE IN USD, 2017 - 2030
  1. Figure 50:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 51:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 52:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BEV, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 53:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BEV, BY VALUE IN USD, 2017 - 2030
  1. Figure 54:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 55:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FCEV, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 56:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FCEV, BY VALUE IN USD, 2017 - 2030
  1. Figure 57:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 58:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY HEV, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 59:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY HEV, BY VALUE IN USD, 2017 - 2030
  1. Figure 60:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 61:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY PHEV, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 62:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY PHEV, BY VALUE IN USD, 2017 - 2030
  1. Figure 63:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 64:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REGION, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 65:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REGION, BY VALUE IN USD, 2017 - 2030
  1. Figure 66:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY REGION, 2017 - 2030
  1. Figure 67:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY REGION, 2017 - 2030
  1. Figure 68:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 69:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 70:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 71:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 72:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SOUTH AFRICA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 73:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SOUTH AFRICA, BY VALUE IN USD, 2017 - 2030
  1. Figure 74:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 75:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-AFRICA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 76:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-AFRICA, BY VALUE IN USD, 2017 - 2030
  1. Figure 77:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 78:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 79:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 80:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 81:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 82:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRALIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 83:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRALIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 84:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 85:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CHINA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 86:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CHINA, BY VALUE IN USD, 2017 - 2030
  1. Figure 87:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 88:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY INDIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 89:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY INDIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 90:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 91:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY INDONESIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 92:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY INDONESIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 93:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 94:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY JAPAN, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 95:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY JAPAN, BY VALUE IN USD, 2017 - 2030
  1. Figure 96:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 97:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY MALAYSIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 98:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY MALAYSIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 99:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 100:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SOUTH KOREA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 101:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SOUTH KOREA, BY VALUE IN USD, 2017 - 2030
  1. Figure 102:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 103:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY THAILAND, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 104:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY THAILAND, BY VALUE IN USD, 2017 - 2030
  1. Figure 105:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 106:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-APAC, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 107:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-APAC, BY VALUE IN USD, 2017 - 2030
  1. Figure 108:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 109:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 110:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 111:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 112:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 113:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 114:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 115:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 116:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 117:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VALUE IN USD, 2017 - 2030
  1. Figure 118:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 119:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 120:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VALUE IN USD, 2017 - 2030
  1. Figure 121:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 122:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 123:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VALUE IN USD, 2017 - 2030
  1. Figure 124:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 125:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 126:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 127:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 128:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 129:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VALUE IN USD, 2017 - 2030
  1. Figure 130:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 131:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 132:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VALUE IN USD, 2017 - 2030
  1. Figure 133:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 134:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 135:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VALUE IN USD, 2017 - 2030
  1. Figure 136:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 137:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ITALY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 138:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ITALY, BY VALUE IN USD, 2017 - 2030
  1. Figure 139:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 140:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LATVIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 141:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LATVIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 142:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 143:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LITHUANIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 144:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LITHUANIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 145:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 146:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 147:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VALUE IN USD, 2017 - 2030
  1. Figure 148:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 149:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY POLAND, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 150:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY POLAND, BY VALUE IN USD, 2017 - 2030
  1. Figure 151:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 152:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 153:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 154:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 155:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 156:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VALUE IN USD, 2017 - 2030
  1. Figure 157:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 158:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 159:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VALUE IN USD, 2017 - 2030
  1. Figure 160:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 161:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY UK, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 162:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY UK, BY VALUE IN USD, 2017 - 2030
  1. Figure 163:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 164:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 165:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VALUE IN USD, 2017 - 2030
  1. Figure 166:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 167:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 168:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 169:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 170:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 171:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SAUDI ARABIA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 172:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SAUDI ARABIA, BY VALUE IN USD, 2017 - 2030
  1. Figure 173:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 174:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-MIDDLE EAST, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 175:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-MIDDLE EAST, BY VALUE IN USD, 2017 - 2030
  1. Figure 176:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 177:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 178:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 179:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 180:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 181:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CANADA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 182:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CANADA, BY VALUE IN USD, 2017 - 2030
  1. Figure 183:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 184:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY MEXICO, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 185:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY MEXICO, BY VALUE IN USD, 2017 - 2030
  1. Figure 186:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 187:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY US, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 188:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY US, BY VALUE IN USD, 2017 - 2030
  1. Figure 189:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 190:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-NORTH AMERICA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 191:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-NORTH AMERICA, BY VALUE IN USD, 2017 - 2030
  1. Figure 192:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 193:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 194:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2017 - 2030
  1. Figure 195:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 196:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2017 - 2030
  1. Figure 197:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ARGENTINA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 198:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ARGENTINA, BY VALUE IN USD, 2017 - 2030
  1. Figure 199:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 200:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BRAZIL, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 201:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BRAZIL, BY VALUE IN USD, 2017 - 2030
  1. Figure 202:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 203:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-SOUTH AMERICA, BY VOLUME IN UNITS, 2017 - 2030
  1. Figure 204:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-SOUTH AMERICA, BY VALUE IN USD, 2017 - 2030
  1. Figure 205:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL CATEGORY, 2017 - 2030
  1. Figure 206:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017 - 2030
  1. Figure 207:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, MOST ADOPTED STRATEGIES, 2017 - 2030
  1. Figure 208:  
  2. GLOBAL ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET SHARE(%), BY MAJOR PLAYERS

Electric Light Commercial Vehicles Industry Segmentation

Light Commercial Vehicles are covered as segments by Vehicle Configuration. BEV, FCEV, HEV, PHEV are covered as segments by Fuel Category. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
Vehicle Configuration Light Commercial Vehicles
Fuel Category BEV
FCEV
HEV
PHEV
Region Africa South Africa
Rest-of-Africa
Asia-Pacific Australia
China
India
Indonesia
Japan
Malaysia
South Korea
Thailand
Rest-of-APAC
Europe Austria
Belgium
Czech Republic
Denmark
Estonia
France
Germany
Ireland
Italy
Latvia
Lithuania
Norway
Poland
Russia
Spain
Sweden
UK
Rest-of-Europe
Middle East Saudi Arabia
Rest-of-Middle East
North America Canada
Mexico
US
Rest-of-North America
South America Argentina
Brazil
Rest-of-South America
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Market Definition

  • Vehicle Type - The category covers light commercial vehicle.
  • Vehicle Body Type - This includes Light Commercial Pick-up Trucks and Light Commercial Vans.
  • Fuel Category - The category exclusively covers electric propulsion systems, including various types such as HEV (Hybrid Electric Vehicles), PHEV (Plug-in Hybrid Electric Vehicles), BEV (Battery Electric Vehicles), and FCEV (Fuel Cell Electric Vehicles).
Keyword Definition
Electric Vehicle (EV) A vehicle which uses one or more electric motors for propulsion. Includes cars, buses, and trucks. This term includes all-electric vehicles or battery electric vehicles and plug-in hybrid electric vehicles.
BEV A BEV relies completely on a battery and a motor for propulsion. The battery in the vehicle must be charged by plugging it into an outlet or public charging station. BEVs do not have an ICE and hence are pollution-free. They have a low cost of operation and reduced engine noise as compared to conventional fuel engines. However, they have a shorter range and higher prices than their equivalent gasoline models.
PEV A plug-in electric vehicle is an electric vehicle that can be externally charged and generally includes all-electric vehicles as well as plug-in hybrids.
Plug-in Hybrid EV A vehicle that can be powered either by an ICE or an electric motor. In contrast to normal hybrid EVs, they can be charged externally.
Internal combustion engine An engine in which the burning of fuels occurs in a confined space called a combustion chamber. Usually run with gasoline/petrol or diesel.
Hybrid EV A vehicle powered by an ICE in combination with one or more electric motors that use energy stored in batteries. These are continually recharged with power from the ICE and regenerative braking.
Commercial Vehicles Commercial vehicles are motorized road vehicles designed for transporting people or goods. The category includes light commercial vehicles (LCVs) and medium and heavy-duty vehicles (M&HCV).
Passenger Vehicles Passenger cars are electric motor– or engine-driven vehicles with at least four wheels. These vehicles are used for the transport of passengers and comprise no more than eight seats in addition to the driver’s seat.
Light Commercial Vehicles Commercial vehicles that weigh less than 6,000 lb (Class 1) and in the range of 6,001–10,000 lb (Class 2) are covered under this category.
M&HDT Commercial vehicles that weigh in the range of 10,001–14,000 lb (Class 3), 14,001–16,000 lb (Class 4), 16,001–19,500 lb (Class 5), 19,501–26,000 lb (Class 6), 26,001–33,000 lb (Class 7) and above 33,001 lb (Class 8) are covered under this category.
Bus A mode of transportation that typically refers to a large vehicle designed to carry passengers over long distances. This includes transit bus, school bus, shuttle bus, and trolleybuses.
Diesel It includes vehicles that use diesel as their primary fuel. A diesel engine vehicle have a compression-ignited injection system rather than the spark-ignited system used by most gasoline vehicles. In such vehicles, fuel is injected into the combustion chamber and ignited by the high temperature achieved when gas is greatly compressed.
Gasoline It includes vehicles that use gas/petrol as their primary fuel. A gasoline car typically uses a spark-ignited internal combustion engine. In such vehicles, fuel is injected into either the intake manifold or the combustion chamber, where it is combined with air, and the air/fuel mixture is ignited by the spark from a spark plug.
LPG It includes vehicles that use LPG as their primary fuel. Both dedicated and bi-fuel LPG vehicles are considered under the scope of the study.
CNG It includes vehicles that use CNG as their primary fuel. These are vehicles that operate like gasoline-powered vehicles with spark-ignited internal combustion engines.
HEV All the electric vehicles that use batteries and an internal combustion engine (ICE) as their primary source for propulsion are considered under this category. HEVs generally use a diesel-electric powertrain and are also known as hybrid diesel-electric vehicles. An HEV converts the vehicle momentum (kinetic energy) into electricity that recharges the battery when the vehicle slows down or stops. The battery of HEV cannot be charged using plug-in devices.
PHEV PHEVs are powered by a battery as well as an ICE. The battery can be charged through either regenerative breaking using the ICE or by plugging into some external charging source. PHEVs have a better range than BEVs but are comparatively less eco-friendly.
Hatchback These are compact-sized cars with a hatch-type door provided at the rear end.
Sedan These are usually two- or four-door passenger cars, with a separate area provided at the rear end for luggage.
SUV Popularly known as SUVs, these cars come with four-wheel drive, and usually have high ground clearance. These cars can also be used as off-road vehicles.
MPV These are multi-purpose vehicles (also called minivans) designed to carry a larger number of passengers. They carry between five and seven people and have room for luggage too. They are usually taller than the average family saloon car, to provide greater headroom and ease of access, and they are usually front-wheel drive.
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  • Step-1: Identify Key Variables: To build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built based on these variables.
  • Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. Market revenue is calculated by multiplying the sales volume with their respective average selling price (ASP). While estimating ASP factors like average inflation, market demand shift, manufacturing cost, technological advancement, and varying consumer preference, among others have been taken into account.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
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Electric Light Commercial Vehicles Market Research FAQs

How big is the Global Electric Light Commercial Vehicles Market?

The Global Electric Light Commercial Vehicles Market size is expected to reach USD 72.71 billion in 2025 and grow at a CAGR of 24.87% to reach USD 176.79 billion by 2029.

What is the current Global Electric Light Commercial Vehicles Market size?

In 2025, the Global Electric Light Commercial Vehicles Market size is expected to reach USD 72.71 billion.

Who are the key players in Global Electric Light Commercial Vehicles Market?

BAIC Motor Corporation Ltd., Ford Motor Company, General Motors Company, Groupe Renault and Volkswagen AG are the major companies operating in the Global Electric Light Commercial Vehicles Market.

Which segment has the biggest share in the Global Electric Light Commercial Vehicles Market?

In the Global Electric Light Commercial Vehicles Market, the Light Commercial Pick-up Trucks segment accounts for the largest share by vehicle body type.

Which region has the biggest share in the Global Electric Light Commercial Vehicles Market?

In 2025, Asia-Pacific accounts for the largest share by region in the Global Electric Light Commercial Vehicles Market.

What years does this Global Electric Light Commercial Vehicles Market cover, and what was the market size in 2025?

In 2025, the Global Electric Light Commercial Vehicles Market size was estimated at 72.71 billion. The report covers the Global Electric Light Commercial Vehicles Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Electric Light Commercial Vehicles Market size for years: 2025, 2026, 2027, 2028 and 2029.

Electric Light Commercial Vehicles Market Research

Mordor Intelligence provides a comprehensive analysis of the electric light commercial vehicles market. With decades of expertise in commercial electric vehicle research and consulting, our report offers a detailed examination of the evolving landscape of electric LCV segments. This includes electric delivery vans and light commercial vehicles. The analysis covers electric commercial vehicles across global markets, offering insights into various propulsion types and vehicle categories. From electric light utility vehicles to advanced electric commercial vehicle solutions, our report covers it all.

Stakeholders in the light commercial vehicle industry will benefit from our thorough examination of electric light commercial vehicles trends and developments. The report, available as an easy-to-download PDF, provides an in-depth analysis of ELCV market dynamics. It includes regional variations and technological advancements in the electric light and heavy commercial vehicle sector. Our research spans everything from light commercial trucks to emerging electric delivery van innovations. This offers actionable insights for manufacturers, suppliers, and investors in the global electric commercial vehicle market.