Autonomous Trucks
In addition, a surge in electrification and stringent regulations on vehicle emissions are influencing the growth of the electric trucks market. Global Electric Trucks Market: Propulsion Segment OverviewBased on propulsion, the electric trucks market is segmented into BEV, PHEV, and FCEV. In contrast to the passenger electric vehicle and electric bus markets, the electric truck market is still in the nascent stage in North America. These manufacturers are investing heavily in research and development for improving the performance and efficiency of electric vehicles, including electric trucks. The ongoing electrification of public transportation fleets, severe regulations by governments, and breakthroughs in battery pack technologies and electric power trains are all driving the electric trucks market.