Electric Light Commercial Vehicle Market

Using eLCV-s within the cities, by freight companies/last-mile-delivery service providers for instance, is particularly relevant. They are driven at a low average speed. Driving conditions impose numerous slowdowns and stops. In these conditions, electric vehicles may take better advantage of regenerative breaking. Some delivery companies drive the same route every day.
Electric Light Commercial Vehicle Market contains market size and forecasts of Electric Light Commercial Vehicle (LCV) in global, including the following market information:
Global Electric Light Commercial Vehicle (LCV) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Light Commercial Vehicle (LCV) Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Electric Light Commercial Vehicle (LCV) companies in 2021 (%)
The global Electric Light Commercial Vehicle (LCV) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Battery Electric Vehicles (BEV) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Light Commercial Vehicle (LCV) include ACE-EV, Cherry Karry, Daimler, DHL Street Scooter, Dongfeng, Mahindra, Mitsubishi, Piaggio Porter Electric and Renault, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electric Light Commercial Vehicle (LCV) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Light Commercial Vehicle (LCV) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electric Light Commercial Vehicle (LCV) Market Segment Percentages, by Type, 2021 (%)
Battery Electric Vehicles (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicles (HEV)
Global Electric Light Commercial Vehicle (LCV) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electric Light Commercial Vehicle (LCV) Market Segment Percentages, by Application, 2021 (%)
Urban Distribution and Transport Companies
Local/Regional Craftsmen
City/Municipality Fleets
LCV Rental Companies
Energy and Utility Companies
Other Companies with technical service vehicles (e.g., household appliance manufacturers)
Global Electric Light Commercial Vehicle (LCV) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Electric Light Commercial Vehicle (LCV) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Light Commercial Vehicle (LCV) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Light Commercial Vehicle (LCV) revenues share in global market, 2021 (%)
Key companies Electric Light Commercial Vehicle (LCV) sales in global market, 2017-2022 (Estimated), (Unit)
Key companies Electric Light Commercial Vehicle (LCV) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ACE-EV
Cherry Karry
Daimler
DHL Street Scooter
Dongfeng
Mahindra
Mitsubishi
Piaggio Porter Electric
Renault
Shaanxi
Treeletrik
VIA Motors
Volkswagen