Electric Truck Market to Witness Astonishing Growth by 2030
The global Electric Truck Market size is expected to grow from approximately 69,597 units in 2021 to reach 1,413,694 units by 2030, at a CAGR of 39.7%. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly trucks. OEMs worldwide are investing heavily in research & testing applications leading to continuous advancements in electric trucks. For instance, Volvo Group is working with Samsung SDI to develop advanced battery packs for Volvo Group’s electric trucks. The alliance will cover the joint development of battery packs specifically developed for Volvo Group’s truck applications. The intention is that Volvo Group will utilize Samsung SDI’s battery pack technology for assembly in Volvo Group’s manufacturing operations. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221011937 ...