![]() ![]() New advanced technologies provide increased efficiency and more collaborative business structures. As technology takes hold and customer expectations evolve, logistics companies are confronting unprecedented transformation. The rise in logistics activities will offer robust opportunities for this Electric Commercial Vehicle Market in the forecast period. When compared to conventional ICE-powered commercial vehicles, electric commercial vehicles have significantly lower maintenance expenses since they have fewer moving parts and require fewer fluid changes, lowering the cost of repair and replacement. The favorable government initiatives to adopt electric commercial vehicles will boost market growth over the forecast period. 08, 2022 (GLOBE NEWSWIRE) - Electric Commercial Vehicle Market AnalysisĪccording to a comprehensive research report by Market Research Future (MRFR), “ Electric Commercial Vehicle Market Research Report Information By Technology, Vehicle Type, Region - Forecast 2030”, the global market will reach 2,56,06,194 units at whooping 67.09% CAGR by 2030. Growth Boost by Favorable Government Initiatives to Adopt Electric Commercial Vehicles
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