United States Electric Pick-up Trucks Market Trends

Statistics for the 2023 & 2024 United States Electric Pick-up Trucks market trends, created by Mordor Intelligence™ Industry Reports. United States Electric Pick-up Trucks trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Market Trends of united states electric pick-up trucks Industry

This section covers the major market trends shaping the US Electric Pick-up Trucks Market according to our research experts:

BEV is the largest segment by Fuel Type.

  • In the United States, EPA and NHTSA proposed the implementation of the Safer Affordable Fuel-Efficient (SAFE) vehicles rule to be implemented from 2021 to 2026. The rule may set the standards for corporate average fuel economy and greenhouse gas emissions for passenger and light trucks. The Zero Emission Vehicles (ZEV) program requires OEMs to sell specific numbers of clean and zero-emission vehicles (electric, hybrid, and fuel cell-powered commercial and passenger vehicles). The ZEV plan aims at putting 12 million ZEVs on the road by 2030.
  • All major delivery firms are beginning to replace their gas-powered fleets with electric or low-emission vehicles combating climate change and urban pollution. Big e-commerce companies have already announced to turn their entire fleets to electric. For instance, in March 2021, FedEx announced its global target for 50% of all newly procured vehicles to be electric by 2025, rising to 100% of all new purchases by 2030. FedEx aims to achieve carbon-neutral operations globally by 2040, with the electrification of its pick-up and delivery vehicles being a major area of investment.
  • The demand for LCVs is likely to increase as the logistics and e-commerce industries are growing rapidly. Retail e-commerce sales in the United States were estimated at USD 768 billion in 2021, with Y-o-Y growth of 19.25%, compared to around USD 645 billion in 2020. The market for electric LCVs is expected to register a CAGR of 4.8% during the forecast period (2022-2028).
United States Electric Pick-up Trucks Market

US Electric Pick-up Trucks Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1 Study Assumptions & Market Definition

    2. 3.2 Scope of the Study

    3. 3.3 Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1 Population

    2. 4.2 GDP

    3. 4.3 CVP

    4. 4.4 Inflation Rate

    5. 4.5 Interest Rate For Auto Loans

    6. 4.6 Battery Price (per Kwh)

    7. 4.7 Electrification Impact

    8. 4.8 New XEV Models Announced

    9. 4.9 Charging Stations Deployment

    10. 4.10 Regulatory Framework

    11. 4.11 Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Fuel Type

      1. 5.1.1 BEV

      2. 5.1.2 FCEV

      3. 5.1.3 HEV

      4. 5.1.4 PHEV

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Key Strategic Moves

    2. 6.2 Market Share Analysis

    3. 6.3 Company Landscape

    4. 6.4 Company Profiles

      1. 6.4.1 BOLLINGER MOTORS INC

      2. 6.4.2 Canoo Technologies Inc.

      3. 6.4.3 Ford Motor Company

      4. 6.4.4 General Motors Company

      5. 6.4.5 Lordstown Motors

      6. 6.4.6 Rivian Automotive, LLC

      7. 6.4.7 Tesla Inc.

      8. 6.4.8 Workhorse

  7. 7. KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS

  8. 8. APPENDIX

    1. 8.1 Global Overview

      1. 8.1.1 Overview

      2. 8.1.2 Porter's Five Forces Framework

      3. 8.1.3 Global Value Chain Analysis

      4. 8.1.4 Market Dynamics (DROs)

    2. 8.2 Sources & References

    3. 8.3 List of Tables & Figures

    4. 8.4 Primary Insights

    5. 8.5 Data Pack

    6. 8.6 Glossary of Terms

United States Electric Pick-up Trucks Report Snapshots

United States Electric Pick-up Trucks Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029