Electric commercial vehicle market worldwide 2020-2028

Published by Statista Research Department, Feb 13, 2024
The global market for electric commercial vehicles is projected to reach over two million units by 2028, with a compound annual growth rate between 2020 and 2028 of around 41 percent. Comparatively, the market is estimated to be sized at around 129,000 vehicles in 2020.

Projected size of the global market for electric commercial vehicles between 2020 and 2028 (in 1,000 units)

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Release date

July 2021

Region

Worldwide

Survey time period

2021

Supplementary notes

This Statista estimate is based on the 2028 values and the compound annual growth rate from 2020 to 2028 of 41.1 percent, which were provided by the source. An exponential development of the market was assumed.

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