TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 33
1.1.1 GLOBAL ELECTRIC TRUCK MARKET, BY TRUCK TYPE 34
1.1.2 GLOBAL ELECTRIC TRUCK MARKET, BY PROPULSION TYPE 35
1.1.3 GLOBAL ELECTRIC TRUCK MARKET, BY APPLICATION 36
1.1.4 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGER TYPE 37
1.1.5 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGING METHOD 38
1.1.6 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGING STATIONS 39
2 MARKET INTRODUCTION 40
2.1 DEFINITION 40
2.2 SCOPE OF THE STUDY 40
2.3 RESEARCH OBJECTIVE 40
2.4 MARKET STRUCTURE 41
3 RESEARCH METHODOLOGY 42
3.1 RESEARCH PROCESS 42
3.2 PRIMARY RESEARCH 43
3.3 SECONDARY RESEARCH 44
3.4 MARKET SIZE ESTIMATION 45
3.5 FORECAST MODEL 46
3.6 LIST OF ASSUMPTIONS 47
4 MARKET DYNAMICS 48
4.1 OVERVIEW 48
4.2 DRIVERS 49
4.2.1 GROWING DEMAND OF ELECTRIC TRUCKS IN LOGISTICS AND E-COMMERCE SECTORS TO DRIVE THE ELECTRIC TRUCK MARKET 49
4.2.2 STRINGENT GOVERNMENT REGULATIONS AND POLICIES DRIVE THE ELECTRIC TRUCKS MARKET 50
4.3 DRIVERS 52
4.3.1 POLICY SUPPORT AND EXPANSION OF CHARGING INFRASTRUCTURE DRIVE THE HEAVY-DUTY CHARGING MARKET 52
4.3.2 THE INCREASING POPULARITY OF ELECTRIC VEHICLES IS FUELING DEMAND FOR HEAVY DUTY CHARGING MARKET 52
4.4 RESTRAINTS 53
4.4.1 CONCERNS ABOUT THE RANGE AND EFFICIENCY OF ELECTRIC TRUCKS FOR LONG-HAUL TRANSPORTATION 53
4.4.2 HIGH UPFRONT COSTS AND COMPLEXITY ASSOCIATED WITH DEPLOYING HEAVY-DUTY CHARGING INFRASTRUCTURE 54
4.5 OPPORTUNITIES 55
4.5.1 GROWING PARTNERSHIPS BETWEEN AUTOMAKERS AND CHARGING INFRASTRUCTURE PROVIDERS 55
4.5.2 TECHNOLOGICAL INNOVATIONS REDUCING ELECTRIC TRUCK MANUFACTURING COSTS 55
4.5.3 COLLABORATIONS AND PARTNERSHIPS AMONG KEY STAKEHOLDERS IN THE HEAVY-DUTY CHARGING MARKET 56
4.6 CHALLENGES: 57
4.6.1 DEMAND FOR HIGH PAYLOAD CAPACITIES AND DIVERSE CONFIGURATIONS IN COMMERCIAL AND VOCATIONAL FLEETS 57
4.6.2 LIMITED AVAILABILITY AND GEOGRAPHIC DISTRIBUTION OF CHARGING INFRASTRUCTURE 57
4.7 MARKET TRENDS 57
4.7.1 ELECTRIC TRUCK MARKET TRENDS: 57
4.7.2 TRENDS IN HEAVY DEUTY ELECTRIC CHARGING : 58
4.8 IMPACT ANALYSIS OF COVID-19 58
4.8.1 IMPACT ON EV SALES 58
4.8.2 IMPACT ON GLOBAL AUTOMOTIVE INDUSTRY 58
4.8.3 IMPACT ON SUPPLY CHAIN DISRUPTIONS 59
4.8.4 IMPACT ON GLOBAL ECONOMY 59
4.8.5 YOY GROWTH 2020-2022 59
4.9 SUPPLY CHAIN ANALYSIS 59
4.9.1 DESIGN & DEVELOPMENT 60
4.9.2 RAW MATERIAL/COMPONENT SUPPLY 60
4.9.3 ASSEMBLY 60
4.9.4 DISTRIBUTION/SUPPLY 60
4.9.5 END USE 60
5 MARKET FACTOR ANALYSIS 61
5.1 PORTER’S FIVE FORCES MODEL 61
5.1.1 THREAT OF NEW ENTRANTS 62
5.1.2 BARGAINING POWER OF SUPPLIERS 62
5.1.3 THREAT OF SUBSTITUTES 62
5.1.4 BARGAINING POWER OF BUYERS 62
5.1.5 INTENSITY OF RIVALRY 62
6 MARKET FACTOR ANALYSIS 63
6.1 SUPPLY CHAIN ANALYSIS 63
6.1.1 DESIGN & DEVELOPMENT 63
6.1.2 RAW MATERIAL/COMPONENT SUPPLY 64
6.1.3 MANUFACTURE 64
6.1.4 DISTRIBUTION/SUPPLY 64
6.1.5 END USERS 64
6.2 PORTER'S FIVE FORCES MODEL 65
6.2.1 THREAT OF NEW ENTRANTS 65
6.2.2 BARGAINING POWER OF SUPPLIERS 66
6.2.3 THREAT OF SUBSTITUTES 66
6.2.4 BARGAINING POWER OF BUYERS 66
6.2.5 INTENSITY OF RIVALRY 66
6.3 SWOT ANALYSIS OF ELECTRIC TRUCK MARKET 67
6.4 SWOT ANALYSIS OF HEAVY-DUTY CHARGING MARKET 67
6.5 PESTAL ANALYSIS OF ELECTRIC TRUCK MARKET 68
6.6 PESTAL ANALYSIS OF HEAVY-DUTY CHARGING MARKET 69
6.7 MEGAWATT CHARGING SYSTEM (MCS) KEY MARKET PLAYERS 70
6.8 MEGAWATT CHARGING SYSTEM (MCS) PILOT PROJECTS 70
6.9 MEGAWATT CHARGING SYSTEM (MCS) BASED PRODUCTS & UPCOMING RELEASES & TIMELINES 71
6.10 TRANSITION FROM THE CURRENT CCS (COMBINED CHARGING SYSTEM) TO THE MCS (MEGAWATT CHARGING SYSTEM) CHARGING STANDARDS OUTLOOK 72
7 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGER TYPE 73
7.1 OVERVIEW 73
8 GLOBAL HEAVY DUTY CHARGING MARKET, BY STANDARD 75
8.1 OVERVIEW 75
9 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGING METHOD 77
9.1 OVERVIEW 77
10 GLOBAL HEAVY DUTY CHARGING MARKET, BY CHARGING STATION 79
10.1 OVERVIEW 79
11 GLOBAL ELECTRIC TRUCK MARKET, BY TRUCK TYPE 81
11.1 OVERVIEW 81
12 GLOBAL ELECTRIC TRUCK MARKET, BY PROPULSION TYPE 83
12.1 OVERVIEW 83
13 GLOBAL ELECTRIC TRUCK MARKET, BY APPLICATION 85
13.1 OVERVIEW 85
14 GLOBAL HEAVY DUTY CHARGING MARKET, BY REGION 87
14.1 OVERVIEW 87
14.2 NORTH AMERICA 89
14.2.1 US 93
14.2.2 CANADA 96
14.2.3 MEXICO 99
14.3 EUROPE 102
14.3.1 UK 106
14.3.2 GERMANY 109
14.3.3 FRANCE 111
14.3.4 ITALY 114
14.3.5 SPAIN 117
14.3.6 NORWAY 120
14.3.7 NETHERLANDS 123
14.3.8 SWEDEN 126
14.3.9 FINLAND 129
14.3.10 REST OF EUROPE 132
14.4 ASIA-PACIFIC 136
14.4.1 CHINA 140
14.4.2 JAPAN 143
14.4.3 INDIA 145
14.4.4 SOUTH KOREA 148
14.4.5 THAILAND 151
14.4.6 TAIWAN 154
14.4.7 MALAYSIA 157
14.4.8 VIETNAM 160
14.4.9 REST OF ASIA-PACIFIC 163
14.5 MIDDLE EAST & AFRICA 167
14.5.1 SAUDI ARABIA 170
14.5.2 UAE 173
14.5.3 JORDAN 176
14.5.4 REST OF MIDDLE EAST & AFRICA 179
14.6 SOUTH AMERICA 183
14.6.1 BRAZIL 186
14.6.2 ARGENTINA 189
14.6.3 CHILE 192
14.6.4 COLUMBIA 195
14.6.5 REST OF SOUTH AMERICA 198
15 GLOBAL ELECTRIC TRUCK MARKET, BY REGION 202
15.1 OVERVIEW 202
15.2 NORTH AMERICA 204
15.2.1 US 207
15.2.2 CANADA 209
15.2.3 MEXICO 211
15.3 EUROPE 213
15.3.1 UK 216
15.3.2 GERMANY 218
15.3.3 FRANCE 220
15.3.4 ITALY 222
15.3.5 SPAIN 224
15.3.6 NORWAY 226
15.3.7 NETHERLANDS 228
15.3.8 SWEDEN 230
15.3.9 FINLAND 232
15.3.10 REST OF EUROPE 234
15.4 ASIA-PACIFIC 237
15.4.1 CHINA 240
15.4.2 JAPAN 242
15.4.3 INDIA 244
15.4.4 SOUTH KOREA 246
15.4.5 THAILAND 248
15.4.6 TAIWAN 250
15.4.7 MALAYSIA 252
15.4.8 VIETNAM 254
15.4.9 REST OF ASIA-PACIFIC 256
15.5 MIDDLE EAST & AFRICA 259
15.5.1 SAUDI ARABIA 262
15.5.2 UAE 264
15.5.3 JORDAN 266
15.5.4 REST OF MIDDLE EAST & AFRICA 268
15.6 SOUTH AMERICA 270
15.6.1 BRAZIL 273
15.6.2 ARGENTINA 275
15.6.3 CHILE 277
15.6.4 COLUMBIA 279
15.6.5 REST OF SOUTH AMERICA 281
16 COMPETITIVE LANDSCAPE 283
16.1 INTRODUCTION 283
16.2 VENDOR SHAREANALYSIS, 2022 (%) 283
16.2.1 VENDOR SHAREANALYSIS, ELECTRIC TRUCK MARKET 2022 (%) 283
16.2.2 VENDOR SHAREANALYSIS, HEAVY DUTY CHARGING MARKET 2022 (%) 284
16.3 COMPETITOR DASHBOARD 285
16.3.1 PARTNERSHIP/COLLBORATION/ AWARD 286
16.3.2 PRODUCT DEVELOPMENT/ PRODUCT LAUNCH/ BUSINESS EXPANSION 288
16.3.3 AGREEMENT/ CONTRACT/ACQUISITION 290
17 COMPANY PROFILE; HEAVY DUTY CHARGING MARKET 292
17.1 ABB 292
17.1.1 COMPANY OVERVIEW 292
17.1.2 FINANCIAL OVERVIEW 293
17.1.3 PRODUCTS OFFERED 294
17.1.4 KEY DEVELOPMENTS 294
17.1.5 SWOT ANALYSIS 295
17.1.6 KEY STRATEGIES 295
17.2 SIEMENS 296
17.2.1 COMPANY OVERVIEW 296
17.2.2 FINANCIAL OVERVIEW 297
17.2.3 PRODUCTS OFFERED 297
17.2.4 KEY DEVELOPMENTS 298
17.2.5 SWOT ANALYSIS 299
17.2.6 KEY STRATEGIES 299
17.3 BOMBARDIER 300
17.3.1 COMPANY OVERVIEW 300
17.3.2 FINANCIAL OVERVIEW 301
17.3.3 PRODUCTS OFFERED 301
17.3.4 KEY DEVELOPMENTS 302
17.3.5 SWOT ANALYSIS 302
17.3.6 KEY STRATEGIES 302
17.4 KEMPOWER 303
17.4.1 COMPANY OVERVIEW 303
17.4.2 FINANCIAL OVERVIEW 303
17.4.3 PRODUCTS OFFERED 304
17.4.4 KEY DEVELOPMENTS 304
17.4.5 SWOT ANALYSIS 305
17.4.6 KEY STRATEGIES 305
17.5 TESLA 306
17.5.1 COMPANY OVERVIEW 306
17.5.2 FINANCIAL OVERVIEW 306
17.5.3 PRODUCTS OFFERED 307
17.5.4 KEY DEVELOPMENTS 307
17.5.5 SWOT ANALYSIS 308
17.5.6 KEY STRATEGIES 308
17.6 PROTERRA 309
17.6.1 COMPANY OVERVIEW 309
17.6.2 FINANCIAL OVERVIEW 309
17.6.3 PRODUCTS OFFERED 310
17.6.4 KEY DEVELOPMENTS 310
17.6.5 SWOT ANALYSIS 311
17.6.6 KEY STRATEGIES 311
17.7 CHARGEPOINT, INC. 312
17.7.1 COMPANY OVERVIEW 312
17.7.2 FINANCIAL OVERVIEW 313
17.7.3 PRODUCTS OFFERED 313
17.7.4 KEY DEVELOPMENTS 314
17.7.5 SWOT ANALYSIS 314
17.7.6 KEY STRATEGIES 315
17.8 EFACEC 316
17.8.1 COMPANY OVERVIEW 316
17.8.2 FINANCIAL OVERVIEW 317
17.8.3 PRODUCTS OFFERED 318
17.8.4 KEY DEVELOPMENTS 318
17.8.5 SWOT ANALYSIS 319
17.8.6 KEY STRATEGIES 319
17.9 CHARIN E. V 320
17.9.1 COMPANY OVERVIEW 320
17.9.2 FINANCIAL OVERVIEW 320
17.9.3 PRODUCTS OFFERED 320
17.10 EVGO SERVICES LLC 321
17.10.1 COMPANY OVERVIEW 321
17.10.2 FINANCIAL OVERVIEW 322
17.10.3 PRODUCTS OFFERED 322
17.10.4 KEY DEVELOPMENTS 323
17.10.5 SWOT ANALYSIS 324
17.10.6 KEY STRATEGIES 324
18 COMPANY PROFILE; ELECTRIC TRUCK MARKET 325
18.1 FOTON MOTOR INC. 325
18.1.1 COMPANY OVERVIEW 325
18.1.2 FINANCIAL OVERVIEW 326
18.1.3 PRODUCTS OFFERED 326
18.1.4 KEY DEVELOPMENTS 326
18.1.5 SWOT ANALYSIS 327
18.1.6 KEY STRATEGIES 327
18.2 BYD COMPANY LTD. 328
18.2.1 COMPANY OVERVIEW 328
18.2.2 FINANCIAL OVERVIEW 329
18.2.3 PRODUCTS OFFERED 329
18.2.4 KEY DEVELOPMENTS 330
18.2.5 SWOT ANALYSIS 330
18.2.6 KEY STRATEGIES 331
18.3 DAIMLER TRUCK AG 332
18.3.1 COMPANY OVERVIEW 332
18.3.2 FINANCIAL OVERVIEW 333
18.3.3 PRODUCTS OFFERED 334
18.3.4 KEY DEVELOPMENTS 334
18.3.5 SWOT ANALYSIS 335
18.3.6 KEY STRATEGIES 335
18.4 DONGFENG MOTOR COMPANY 336
18.4.1 COMPANY OVERVIEW 336
18.4.2 FINANCIAL OVERVIEW 336
18.4.3 PRODUCTS OFFERED 337
18.4.4 KEY DEVELOPMENTS 337
18.4.5 SWOT ANALYSIS 337
18.4.6 KEY STRATEGIES 337
18.5 NIKOLA CORPORATION 338
18.5.1 COMPANY OVERVIEW 338
18.5.2 FINANCIAL OVERVIEW 338
18.5.3 PRODUCTS OFFERED 338
18.5.4 KEY DEVELOPMENTS 339
18.5.5 SWOT ANALYSIS 339
18.5.6 KEY STRATEGIES 339
18.6 PACCAR INC. 340
18.6.1 COMPANY OVERVIEW 340
18.6.2 FINANCIAL OVERVIEW 341
18.6.3 PRODUCTS OFFERED 342
18.6.4 KEY DEVELOPMENTS 342
18.6.5 SWOT ANALYSIS 343
18.6.6 KEY STRATEGY 343
18.7 SAIC HONGYAN 344
18.7.1 COMPANY OVERVIEW 344
18.7.2 FINANCIAL OVERVIEW 344
18.7.3 PRODUCTS OFFERED 344
18.7.4 KEY DEVELOPMENTS 345
18.7.5 SWOT ANALYSIS 345
18.7.6 KEY STRATEGIES 346
18.8 SANY 347
18.8.1 COMPANY OVERVIEW 347
18.8.2 FINANCIAL OVERVIEW 348
18.8.3 PRODUCTS OFFERED 349
18.8.4 KEY DEVELOPMENTS 349
18.8.5 SWOT ANALYSIS 350
18.8.6 KEY STRATEGIES 350
18.9 TESLA INC. 351
18.9.1 COMPANY OVERVIEW 351
18.9.2 FINANCIAL OVERVIEW 352
18.9.3 PRODUCTS OFFERED 352
18.9.4 KEY DEVELOPMENTS 353
18.9.5 SWOT ANALYSIS 353
18.9.6 KEY STRATEGIES 353
18.10 AB VOLVO 354
18.10.1 COMPANY OVERVIEW 354
18.10.2 FINANCIAL OVERVIEW 355
18.10.3 PRODUCTS OFFERED 356
18.10.4 KEY DEVELOPMENTS 356
18.10.5 SWOT ANALYSIS 357
18.10.6 KEY STRATEGY 357
LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 47
TABLE 2 GLOBAL HEAVY DUTY CHARGING MARKET ESTIMATES & FORECAST, BY CHARGER TYPE, 2019-2032 (USD MILLION) 74
TABLE 3 GLOBAL HEAVY DUTY CHARGING MARKET ESTIMATES & FORECAST, BY CHARGER TYPE, 2019-2032 (THOUSAND UNITS) 74
TABLE 4 GLOBAL HEAVY DUTY CHARGING MARKET ESTIMATES & FORECAST, BY DC CHARGER, 2019-2032 (USD MILLION) 74
TABLE 5 GLOBAL HEAVY DUTY CHARGING MARKET EST
