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Global Electric Commercial Vehicle Market To Generate $814.8 Billion Sales in 2030, Says P&S Intelligence
The decreasing cost and rising perational efficiency of batteries and the long-term cost benefits of EVs for fleet operators fuel the industry's growth. Besides, the rising concerns over GHG emissions and surging government support, in the form of subsidies and grants, for such vehicles are projected to offer advantages to the industry in the near future.
Companies are adopting new business models to reduce the high upfront costs of EVs. Many fleet operators are procuring e-buses in collaboration with city governments. Some operators are even adopting the battery swapping and leasing concepts, as a pre-installed battery makes an EV expensive.
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
Prajneesh Kumar
P&S Intelligence
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