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eTruck Market Moving to Zero emission, Says Report

IDTechEx has published a new report about “Electric Truck Markets 2021-2041”, providing a COVID-19 adjusted, 20-year outlook for both the medium-duty (MDT) and heavy-duty truck (HDT) markets, with separate forecast lines for the battery-electric vehicle, plug-in hybrid electric vehicle (PHEV), and fuel cell electric vehicle M&HDT, both at the global scale and for key regions: China, the US and Europe. Forecasts are presented in unit sales, battery demand (GWh) and market value ($ billion).

electric truck
Zero-Emission Medium and Heavy-Duty Trucks

The California Air Resources Board adopted new standards which mandate that 75% of new Class 4-8 ridged truck and 55% of new tractor truck sales must be zero-emission by 2035. With 11.6% of the US truck fleet (1.7 million trucks) in California, this legislation will be a significant driver not only for the Californian electric medium and heavy-duty truck (M&HDT) market, but act as a catalyst for the US, whilst setting a benchmark for the rest of the world.

IDTechEx believes it is increasingly self-evident that the future of the industry cannot rely on the deployment of traditional combustion engines. Drastic emissions reductions are required from the transport sector, both to protect the global climate and to improve urban air quality. Battery electric (BEV) and fuel cell electric vehicle (FCEV) trucks offer OEMs the avenue to an ultra-low on-road emission future.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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