Dublin, April 20, 2026 (GLOBE NEWSWIRE) -- The "Electric Truck Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031" has been added to ResearchAndMarkets.com's offering. The Global Electric Truck Market is projected to expand from USD 13.38 Billion in 2025 to USD 20.84 Billion by 2031, achieving a compound annual growth rate of 7.66% This sector consists of commercial cargo vehicles that utilize electric motors powered by batteries or fuel cell technologies instead of traditional internal combustion engines. The market's growth is fundamentally propelled by rigorous government mandates requiring zero-emission logistics and the distinct economic benefits arising from lower maintenance and operational costs compared to diesel counterparts. According to the International Energy Agency, global sales of electric trucks surged by nearly 80% in 2024, surpassing 90,000 units internationally. Despite this growth, a significant obstacle limiting broader market adoption is the insufficient availability of high-power public charging infrastructure designed specifically for heavy transport. The current shortage of megawatt-class charging stations imposes logistical constraints on long-haul operations, necessitating complicated route planning that diminishes overall fleet efficiency. Furthermore, the substantial capital expenditure required to upgrade electrical grids to accommodate the massive power demands of commercial fleets adds complexity to the rapid deployment of essential charging networks. Market Drivers: Stringent government emission regulations serve as the primary catalyst for electrifying heavy transport, forcing manufacturers to transition toward battery-electric platforms to ensure compliance. Regulators globally are establishing legal frameworks that dictate specific sales quotas for zero-emission vehicles, effectively planning the phase-out of diesel powertrains in the coming decades. These mandates penalize non-compliance while incentivizing the development of heavy-duty supply chains, ensuring legacy truck makers prioritize electric vehicle innovation over internal combustion engine refinements. For instance, the United States Environmental Protection Agency's March 2024 'Final Rule for Phase 3 Greenhouse Gas Emissions Standards for