Electric and Fuel Cell Truck Market Size Poised for Exponential Growth with a 41.2% CAGR

September 5, 2023 1 Min read Views 74 BUSINESS

The global electric and fuel cell truck market is on the brink of a substantial transformation, with an expected Compound Annual Growth Rate (CAGR) of 41.2% during the forecast period spanning from 2023 to 2030. By the conclusion of 2030, the market is anticipated to achieve a remarkable valuation of approximately US$40.1 billion. The surge in demand for sustainable transportation solutions has positioned electric and fuel cell trucks as pivotal players in the fight against climate change and environmental degradation.

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