Growth Opportunities in European Heavy-duty Electric Trucks

Description

EV Adoption in Regional Haulage to Ensure Future Growth Potential of HD Electric Truck Sales

Countries across the world are moving toward a low-carbon economy. Electric vehicle adoption is gaining traction as a part of this shift, with rapid penetration expected beyond 2025 as the market for EV adoption matures and more EVs become available for commercial sale.

In Europe, the transition to zero-emission vehicles is an important element of the low-emission mobility strategy. City administrative bodies and local authorities play pivotal roles in this transition by providing incentives for low-emission vehicles and deploying charging infrastructure. Government incentives and programs, such as the electromobility directive from Germany, electric charging funding in France, and the Efficient and Sustainable Mobility Incentives (MOVES) II program in Spain, will drive electrification and the growth of charging infrastructure.

OEMs are focusing on urban distribution, refuse, and regional haul as strong use cases for electrification. Battery energy density and cycle life are expected to increase even as costs reduce with the likely commercialization of solid-state lithium and lithium-sulfur technology after 2027. Fuel cell technology is progressively getting better at power density and durability.

Crude oil price fluctuations and lower maintenance costs will strongly favor the total cost of ownership of electric trucks as battery prices are expected to decline significantly after 2025. Lower cost of ownership with attractive leasing options for batteries and trucks and greater access to charging infrastructure will encourage smaller fleets to shift to electric vehicles.

The study covers the commercial vehicle (CV) market, particularly HD CV: Greater than 16 tons GVWR. The study also provides a total cost of ownership analysis to examine the effect of these factors on the electric MD and HD segments.

Product Code: PF4C-42

Strategic Imperatives

Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Electric Trucks
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Environment

Key Trends Influencing the Growth of Electric Trucks
Electric MD-HD Trucks: Regional Contribution
OEM Electrification Application Focus

Study Scope

Research Scope
Segmentation
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Criteria

Growth Opportunity Analysis: Electric Bus

HD Sales Forecast by Region, Europe
Main Factors Impacting Electrification
Impact Analysis: Legislative Factors
Impact Analysis: Economic Factors
Impact Analysis: Infrastructure Factors
Impact Analysis: Technological Factors
Electrification Use Cases for HD Electric Trucks
Sales and Electric Vehicle Penetration Forecast
Unit Shipment Forecast
Powertrain Split Forecast for HD Trucks
Energy Consumption Forecast
Revenue Forecast for HD Electric Trucks, Europe
Motor Type Mapping by OEM
Battery Capacity Mapping by OEM Model

Growth Opportunity Analysis: Germany

Growth Metrics
Unit Shipment Forecast
Energy Consumption Forecast
Forecast Analysis

Growth Opportunity Analysis: France

Growth Metrics
Unit Shipment Forecast
Energy Consumption Forecast
Forecast Analysis

Growth Opportunity Analysis: Italy

Growth Metrics
Unit Shipment Forecast
Energy Consumption Forecast
Forecast Analysis

Growth Opportunity Analysis: Spain

Growth Metrics
Unit Shipment Forecast
Energy Consumption Forecast
Forecast Analysis

Growth Opportunity Analysis: UK

Growth Metrics
Unit Shipment Forecast
Energy Consumption Forecast
Forecast Analysis

Company Profiles

DAF Trucks N.V: Strategy and Development Roadmap
AB Volvo: Strategy and Development Roadmap
Renault Trucks: Strategy and Development Roadmap
Daimler Truck AG: Strategy and Development Roadmap
IVECO S.p.A: Strategy and Development Roadmap
Traton-MAN: Strategy and Development Roadmap
Traton-Scania: Strategy and Development Roadmap

TCO Analysis, Europe

TCO Analysis: Key Assumptions
Total Cost of Ownership

Lifecycle CO2 Emission Assessment of ZEVs, HDT Europe

HDT Operational Characteristics and User Cycle Overview
Total HDT Lifecycle CO2 Emissions Assessment

Growth Opportunity Universe

Growth Opportunity 1: Dedicated Electric Platform Development
Growth Opportunity 2: Electric Charging Infrastructure
Growth Opportunity 3: Value-added Services

Appendix

Abbreviations and Acronyms Used

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