China Leads Global Electric Truck Market as Europe Falls Behind
The electric truck market has expanded rapidly, with China now dominating the sector while Europe lags.
According to consulting firm PWC, the global market for electric trucks has surged since 2021. China holds the majority share, whereas European manufacturers are losing ground. Despite the growth, electric trucks are already cost-competitive, but the rollout is slowed by insufficient charging infrastructure.
Why it matters
China's dominance shapes global supply chains and highlights infrastructure gaps that affect electric truck adoption.
In this story
electric trucksmarket growthcharging infrastructureChina dominanceEuropean lag
