Electric Truck Market Outlook:
Electric Truck Market size was valued at USD 3.15 billion in 2025 and is likely to cross USD 52.94 billion by 2035, expanding at more than 32.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of electric truck is assessed at USD 4.07 billion.
The market demand is being driven by growing concern over pollution and growing knowledge of the implications of climate change. In addition, governments throughout the world are pushing for the usage of electric cars in an effort to lower greenhouse gas emissions. The AGGI reached 1.49 in 2022, meaning that the warming effect of greenhouse gases has increased by 49% since 1990.
In addition to these, factors that are believed to fuel the market growth of electric truck is due to growing technological developments in batteries will present profitable prospects in the worldwide electric truck market. In order to maximize the efficiency of electric trucks in long-haul operations, market participants are investing more in the innovation of battery technology to improve the driving range and charging capacities of electric trucks.
