The North America electric truck market is expected to grow at a CAGR of 52.40% between 2026 and 2035. Key market drivers are regulations and policies by governments in the region, increase in environmental concerns, and adoption of electric vehicles for deliveries.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
52.4%
2026-2035
*this image is indicative*
An electric truck is a large vehicle that is fuelled by electricity with the help of batteries. It is mainly used for transportation purposes to move cargos and payloads along with other utilitarian tasks. Electric vehicles tend to be heavier than their gas counterpart but offer improved safety, lower maintenance, and reduced pollution emissions.
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"North America Electric Truck Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Breakup by Propulsion
Breakup by Vehicle Type
Breakup by Range
Breakup by Battery Capacity
Breakup by Application
Breakup by Region
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Heavy duty electric trucks are expected to account for a large share in the North America electric truck market. Long distance transportations are primarily done through heavy duty electric trucks, and these trucks also have higher storage capacities, suited for transporting cargo in high volumes.
Light duty electric trucks are capable of carrying relatively lighter loads as compared to medium and heavy-duty electric trucks, differing primarily based on the capacity of the truck and its handling strength while on the road. Accordingly, light and medium duty electric trucks are typically used for transportation purposes over short distances.
Delivery applications are expected to hold the largest share in the North America electric truck market, as currently a large portion of deliveries are conducted by traditional trucks that can be effectively replaced with electric trucks. These electric trucks are available in varying capacities for different types of deliveries and distances. They have the capability to deliver in zero emission zones because of absence of exhaust gas production. Moreover, electric trucks deliver quietly and have low operational costs and maintenance costs, resulting in greater savings for delivery providers.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America electric truck market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
AB Volvo was established in 1927 and is headquartered in Gothenburg, Sweden. It is a multinational financial services company that is involved in the production and supply of buses, trucks, and construction materials. It also provides industrial systems and marine and financial service.
Daimler Truck AG founded in 2019 is based out of Germany. It is a commercial vehicle company which manufactures trucks and buses and also provides financial services to its customers worldwide.
Nikola Corporation was founded in 2014 and has its headquarter in Arizona, United States. It is a manufacturer of heavy duty battery electric vehicles and fuel cell electric vehicles that also provides energy solutions to its customers.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Paccar Company, BYD Motors Inc., Rivian LLC, Navistar, Inc., and Workhorse, among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market for electric trucks in North America is expected to grow at a CAGR of 52.40% between 2026 and 2035.
The major market drivers are regulations and policies by governments, increase in environmental concerns, and adoption of electric vehicles for delivery.
The key trends of the market are low maintenance requirements of electric trucks, reduced noise pollution, and investments by the manufacturers.
Key market players include AB Volvo, Daimler Truck AG, Nikola Corporation, Paccar Company, BYD Motors Inc., Rivian LLC, Navistar, Inc., and Workhorse, among others.
The North America electric truck market is segmented based on propulsion, vehicle type, range, battery capacity, application, and country.
An electric truck is a large vehicle that is fuelled by electricity with the help of batteries.
The primary applications of electric trucks are delivery and municipal, among others.
The various propulsion types in the market include battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Propulsion |
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| Breakup by Vehicle Type |
|
| Breakup by Range |
|
| Breakup by Battery Capacity |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
|
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