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
The Energy Agenda at COP28
The themes at this year’s UN Conference of Parties- COP28- range all the way from Accountability to Urbanization and Built Environment. The agenda...
COP28: Climate Concerns to Address in 2023
From flash flooding to heat waves, each progressing year is a reminder that climate change is no longer a threat that looms on the horizon, but...
Plug&Charge: Revolutionizing Electric Vehicle Charging- Part 2
The benefits of incorporating Plug&Charge include streamlined user experience, enhanced security, accelerated EV adoption, universal...