The global electric truck market was valued at approximately xxxx US $ billion in 2016, projected to grow with a better than xx% growth in the forecast period 2017-2025, an increase in electric and hybrid technologies. In commercial vehicles, especially in urban areas, demand for new drivetrain types, E-Axles and hub-mounted motors, are new technologies gaining traction in heavy-duty truck applications. Battery prices have fallen about 50% since 2010 and are expected to drop another 50% in the following years in lithium-sulfur batteries should continue to be used as battery chemistry. However, it will see the advancement of lithium-ion technology.
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Some of the major manufacturers involved in the market are Bosch, Denso, Johnson Control, ZF, Hitachi Automotive System, Magna, Infenion, Eaton, Seimens & Cisco.Effective acquisitions and mergers are some of the strategies that lead. Used by the major manufacturers The constant release of new products and technological innovations are key strategies adopted by the big players.
o Light trucks (LDTs)
o Medium trucks (MDTs)
o Heavy-duty trucks (HDTs)
o long distance travel
Regional and country analysis
North America, USA, Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Colombia, Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
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