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Global Electric Heavy Truck Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Electric Heavy Truck Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Pure Electric
    • 1.3.3 Hybrid
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Electric Heavy Truck Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Mining
    • 1.4.3 Port
    • 1.4.4 Other
  • 1.5 Global Electric Heavy Truck Market Size & Forecast
    • 1.5.1 Global Electric Heavy Truck Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Electric Heavy Truck Sales Quantity (2020-2031)
    • 1.5.3 Global Electric Heavy Truck Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Volvo
    • 2.1.1 Volvo Details
    • 2.1.2 Volvo Major Business
    • 2.1.3 Volvo Electric Heavy Truck Product and Services
    • 2.1.4 Volvo Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Volvo Recent Developments/Updates
  • 2.2 Tesla
    • 2.2.1 Tesla Details
    • 2.2.2 Tesla Major Business
    • 2.2.3 Tesla Electric Heavy Truck Product and Services
    • 2.2.4 Tesla Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Tesla Recent Developments/Updates
  • 2.3 Nikola Corporation
    • 2.3.1 Nikola Corporation Details
    • 2.3.2 Nikola Corporation Major Business
    • 2.3.3 Nikola Corporation Electric Heavy Truck Product and Services
    • 2.3.4 Nikola Corporation Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Nikola Corporation Recent Developments/Updates
  • 2.4 Daimler Trucks
    • 2.4.1 Daimler Trucks Details
    • 2.4.2 Daimler Trucks Major Business
    • 2.4.3 Daimler Trucks Electric Heavy Truck Product and Services
    • 2.4.4 Daimler Trucks Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Daimler Trucks Recent Developments/Updates
  • 2.5 Kenworth
    • 2.5.1 Kenworth Details
    • 2.5.2 Kenworth Major Business
    • 2.5.3 Kenworth Electric Heavy Truck Product and Services
    • 2.5.4 Kenworth Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Kenworth Recent Developments/Updates
  • 2.6 Xos
    • 2.6.1 Xos Details
    • 2.6.2 Xos Major Business
    • 2.6.3 Xos Electric Heavy Truck Product and Services
    • 2.6.4 Xos Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Xos Recent Developments/Updates
  • 2.7 Workhorse Trucks
    • 2.7.1 Workhorse Trucks Details
    • 2.7.2 Workhorse Trucks Major Business
    • 2.7.3 Workhorse Trucks Electric Heavy Truck Product and Services
    • 2.7.4 Workhorse Trucks Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Workhorse Trucks Recent Developments/Updates
  • 2.8 Mercedes-Benz
    • 2.8.1 Mercedes-Benz Details
    • 2.8.2 Mercedes-Benz Major Business
    • 2.8.3 Mercedes-Benz Electric Heavy Truck Product and Services
    • 2.8.4 Mercedes-Benz Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Mercedes-Benz Recent Developments/Updates
  • 2.9 BYD
    • 2.9.1 BYD Details
    • 2.9.2 BYD Major Business
    • 2.9.3 BYD Electric Heavy Truck Product and Services
    • 2.9.4 BYD Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 BYD Recent Developments/Updates
  • 2.10 Dayun Automobile
    • 2.10.1 Dayun Automobile Details
    • 2.10.2 Dayun Automobile Major Business
    • 2.10.3 Dayun Automobile Electric Heavy Truck Product and Services
    • 2.10.4 Dayun Automobile Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Dayun Automobile Recent Developments/Updates
  • 2.11 Beiben Trucks Group
    • 2.11.1 Beiben Trucks Group Details
    • 2.11.2 Beiben Trucks Group Major Business
    • 2.11.3 Beiben Trucks Group Electric Heavy Truck Product and Services
    • 2.11.4 Beiben Trucks Group Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Beiben Trucks Group Recent Developments/Updates
  • 2.12 Sany Group
    • 2.12.1 Sany Group Details
    • 2.12.2 Sany Group Major Business
    • 2.12.3 Sany Group Electric Heavy Truck Product and Services
    • 2.12.4 Sany Group Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Sany Group Recent Developments/Updates
  • 2.13 XCMG
    • 2.13.1 XCMG Details
    • 2.13.2 XCMG Major Business
    • 2.13.3 XCMG Electric Heavy Truck Product and Services
    • 2.13.4 XCMG Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 XCMG Recent Developments/Updates
  • 2.14 Hanma Technology
    • 2.14.1 Hanma Technology Details
    • 2.14.2 Hanma Technology Major Business
    • 2.14.3 Hanma Technology Electric Heavy Truck Product and Services
    • 2.14.4 Hanma Technology Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Hanma Technology Recent Developments/Updates
  • 2.15 Yutong Bus
    • 2.15.1 Yutong Bus Details
    • 2.15.2 Yutong Bus Major Business
    • 2.15.3 Yutong Bus Electric Heavy Truck Product and Services
    • 2.15.4 Yutong Bus Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Yutong Bus Recent Developments/Updates
  • 2.16 SAIC HONGYAN
    • 2.16.1 SAIC HONGYAN Details
    • 2.16.2 SAIC HONGYAN Major Business
    • 2.16.3 SAIC HONGYAN Electric Heavy Truck Product and Services
    • 2.16.4 SAIC HONGYAN Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 SAIC HONGYAN Recent Developments/Updates
  • 2.17 BAIC Foton Motor
    • 2.17.1 BAIC Foton Motor Details
    • 2.17.2 BAIC Foton Motor Major Business
    • 2.17.3 BAIC Foton Motor Electric Heavy Truck Product and Services
    • 2.17.4 BAIC Foton Motor Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 BAIC Foton Motor Recent Developments/Updates
  • 2.18 Faw Jiefang Group
    • 2.18.1 Faw Jiefang Group Details
    • 2.18.2 Faw Jiefang Group Major Business
    • 2.18.3 Faw Jiefang Group Electric Heavy Truck Product and Services
    • 2.18.4 Faw Jiefang Group Electric Heavy Truck Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Faw Jiefang Group Recent Developments/Updates

3 Competitive Environment: Electric Heavy Truck by Manufacturer

  • 3.1 Global Electric Heavy Truck Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Electric Heavy Truck Revenue by Manufacturer (2020-2025)
  • 3.3 Global Electric Heavy Truck Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Electric Heavy Truck by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Electric Heavy Truck Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Electric Heavy Truck Manufacturer Market Share in 2024
  • 3.5 Electric Heavy Truck Market: Overall Company Footprint Analysis
    • 3.5.1 Electric Heavy Truck Market: Region Footprint
    • 3.5.2 Electric Heavy Truck Market: Company Product Type Footprint
    • 3.5.3 Electric Heavy Truck Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Electric Heavy Truck Market Size by Region
    • 4.1.1 Global Electric Heavy Truck Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Electric Heavy Truck Consumption Value by Region (2020-2031)
    • 4.1.3 Global Electric Heavy Truck Average Price by Region (2020-2031)
  • 4.2 North America Electric Heavy Truck Consumption Value (2020-2031)
  • 4.3 Europe Electric Heavy Truck Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Electric Heavy Truck Consumption Value (2020-2031)
  • 4.5 South America Electric Heavy Truck Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Electric Heavy Truck Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 5.2 Global Electric Heavy Truck Consumption Value by Type (2020-2031)
  • 5.3 Global Electric Heavy Truck Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 6.2 Global Electric Heavy Truck Consumption Value by Application (2020-2031)
  • 6.3 Global Electric Heavy Truck Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 7.2 North America Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 7.3 North America Electric Heavy Truck Market Size by Country
    • 7.3.1 North America Electric Heavy Truck Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Electric Heavy Truck Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 8.2 Europe Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 8.3 Europe Electric Heavy Truck Market Size by Country
    • 8.3.1 Europe Electric Heavy Truck Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Electric Heavy Truck Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Electric Heavy Truck Market Size by Region
    • 9.3.1 Asia-Pacific Electric Heavy Truck Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Electric Heavy Truck Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 10.2 South America Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 10.3 South America Electric Heavy Truck Market Size by Country
    • 10.3.1 South America Electric Heavy Truck Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Electric Heavy Truck Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Electric Heavy Truck Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Electric Heavy Truck Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Electric Heavy Truck Market Size by Country
    • 11.3.1 Middle East & Africa Electric Heavy Truck Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Electric Heavy Truck Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Electric Heavy Truck Market Drivers
  • 12.2 Electric Heavy Truck Market Restraints
  • 12.3 Electric Heavy Truck Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Electric Heavy Truck and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Electric Heavy Truck
  • 13.3 Electric Heavy Truck Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Electric Heavy Truck Typical Distributors
  • 14.3 Electric Heavy Truck Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Electric Heavy Truck market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
    This report is a detailed and comprehensive analysis for global Electric Heavy Truck market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Electric Heavy Truck market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Electric Heavy Truck market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Electric Heavy Truck market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
    Global Electric Heavy Truck market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Electric Heavy Truck
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Electric Heavy Truck market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Volvo, Tesla, Nikola Corporation, Daimler Trucks, Kenworth, Xos, Workhorse Trucks, Mercedes-Benz, BYD, Dayun Automobile, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Electric Heavy Truck market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Pure Electric
    Hybrid
    Market segment by Application
    Mining
    Port
    Other
    Major players covered
    Volvo
    Tesla
    Nikola Corporation
    Daimler Trucks
    Kenworth
    Xos
    Workhorse Trucks
    Mercedes-Benz
    BYD
    Dayun Automobile
    Beiben Trucks Group
    Sany Group
    XCMG
    Hanma Technology
    Yutong Bus
    SAIC HONGYAN
    BAIC Foton Motor
    Faw Jiefang Group
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Electric Heavy Truck product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Electric Heavy Truck, with price, sales quantity, revenue, and global market share of Electric Heavy Truck from 2020 to 2025.
    Chapter 3, the Electric Heavy Truck competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Electric Heavy Truck breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electric Heavy Truck market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Heavy Truck.
    Chapter 14 and 15, to describe Electric Heavy Truck sales channel, distributors, customers, research findings and conclusion.

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