Electric Commercial Vehicles Fueled by Regional Policies and Incentives, Insights from Research and Markets

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The Analysis of Regional Policies and Regulations in Support of Electric Commercial Vehicles report is now available on ResearchAndMarkets.

Globally, incentives such as subsidies, tax cuts, and penalties related to internal combustion engine (ICE) vehicles play a crucial role in boosting the appeal of electric trucks and buses. These incentives significantly lower acquisition costs, making electric vehicles (EVs) more attractive for fleets. Moreover, they encourage original equipment manufacturers (OEMs) to invest more in the EV ecosystem, driving scale and ultimately leading to cost reductions.

When fleets consider adopting alternative powertrain vehicles, they prioritize total cost of ownership and seek further cost reductions through incentives. Supplier-side credits and carbon taxes imposed on OEMs will drive the production of clean energy vehicles, particularly in the commercial sector, which contributes significantly to transportation-related carbon emissions.

Government incentives aimed at establishing EV charging infrastructure will facilitate the expansion of charging ecosystems, encompassing both public and depot-based charging. This effort involves diverse stakeholders, including charging equipment manufacturers, charge point operators, fleet and charging software companies, and energy utilities.

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Fleets are more inclined to adopt electric trucks and buses when they receive support in setting up charging infrastructure. OEMs are increasingly partnering with charging equipment manufacturers and utility companies to offer additional services in this regard. The electric charging infrastructure space has seen the entry of numerous new companies dealing with equipment or software, broadening participation and enhancing value creation.

This analysis of the global electric commercial vehicles industry spans from 2022 to 2030 and covers regions such as North America (Canada and the United States), Europe (France, Germany, Italy, Spain, United Kingdom, Norway, the Netherlands, Belgium, Poland, Denmark, Sweden, Switzerland, Finland, Austria), China, and India.

Key Topics Covered:

Growth Opportunity Analysis

Electric CV Favorability

Scope and Segmentation

Research Scope

Segmentation

Growth Opportunity Universe

Growth Opportunity 1 – Enhancing EV Affordability

Growth Opportunity 2 – Expanding Support for Charging Infrastructure

Growth Opportunity 3 – Government Mandates and Corporate Goals Accelerating Electric Powertrain Adoption

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Overview of Incentives and Taxation Benefits

France

Germany

Italy

Spain

United Kingdom

Norway

Netherlands

Belgium

Poland

Denmark

Sweden

Switzerland

Finland

Austria

United States

Canada

China

India

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