With electric vehicles now steadily becoming nomenclature in global attempts towards carbon neutrality, the commercial vehicle sector is accelerating its transition towards electric vehicles. However, there are some concerns when it comes to brining this technology within segments requiring much more fire power, namely the construction vehicle segment. With companies such as Volvo Construction Equipment, and Caterpillar, two construction equipment conglomerates entering into this market, this segment now can be seen to be gaining some traction as well, especially in China and the United States of America.

Commercial & Off-Highway Vehicle Service Overview
The research presented in this article is from PTR's Commercial and Off-Highway Vehicle service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Commercial and Off-Highway Vehicle Market Research
Recent Insights
Powering the Future: How BESS Can Support EV Charging Infrastructure?
The goal of integrating BESS units is to store energy from the grid and release it to charge electric vehicles when required. BESS integration aims...
Efficiency and Convenience: Examining Fast and Slow EV Charging
The automotive industry is undergoing a significant transformation globally, specifically in advanced economies. Fast charging offers speed and...
Charging Forward: European Countries Lead the Way in EV Infrastructure Investment
Significant progress in charging infrastructure is anticipated in key European markets, including France, Germany, the Netherlands, Norway, and the...