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Europe Electric Truck Market to Reach USD 9.09 Billion by 2030 - Mordor Intelligence

Mordor Intelligence has published a new report on the Europe Electric Truck Market offering a comprehensive analysis of trends, growth drivers, and future projections.

-- Introduction 

The European electric truck market size is USD 1.76 billion in 2025 and is projected to reach USD 9.09 billion by 2030, expanding at a 38.87% CAGR. This strong growth reflects a deepening shift in logistics, freight transport and regulatory frameworks across Europe, marking a new chapter for commercial mobility. The europe electric truck market growth is underpinned by a combination of regulatory pressure, cost dynamics, and evolving fleet purchasing behaviour. As fleet operators reassess total cost of ownership, and governments set stricter CO₂-emission targets, electric trucks are becoming a viable alternative to diesel models across major European freight corridors. 

Key Market Trends  

Regulatory Frameworks and Zero-Emission Targets: Binding CO₂-reduction mandates across the European Union are accelerating the shift toward zero-emission freight operations. These policies compel logistics companies and fleet operators to adopt electric trucks at a faster pace, directly influencing purchase decisions and long-term fleet strategies. As these regulatory frameworks tighten, the europe electric truck market growth is becoming closely tied to compliance-driven fleet modernization. 

Cost Competitiveness and Battery Advancements: Falling battery pack prices and rising energy density are reducing the total cost of ownership for electric trucks. This narrowing cost gap with diesel-powered alternatives enhances the economic case for adoption, especially for regional and last-mile operations. Continuous advancements in cell chemistry, production scaling, and supply chain integration are further solidifying this cost parity, supporting a stable europe electric truck market analysis. 

Charging Infrastructure Expansion: The rollout of megawatt-class charging corridors is shifting electric truck operations from pilot phases to large-scale deployment. Europe’s coordinated infrastructure initiatives spanning public highways and private depots are enabling high-power, long-haul charging solutions. This infrastructure growth provides logistics operators the reliability needed to expand electric fleets, thereby sustaining the europe electric truck market trends. 

Corporate Sustainability Commitments: Corporate pledges toward decarbonization within logistics and transport networks are transforming from targets into tangible fleet investments. Major shippers and 3PL companies are embedding sustainability KPIs into procurement, driving consistent demand for electric trucks. These long-term contracts and carbon-accounting goals underpin the europe electric truck market size and signal commercial confidence in the technology’s durability and performance. 

Market Segmentation  

By Propulsion Type 

  •  Battery-Electric  
  • Fuel-Cell Electric 
  •  Plug-in Hybrid 

By Truck Type 

  •  Light Truck (Up to 3.5 t) 
  •  Medium-Duty Truck (3.6 to 12 t)  
  • Heavy-Duty Truck (Above 12 t)  
  • Tractor-Trailer  

By Battery Type 

  •  Lithium-Nickel-Manganese-Cobalt Oxide (NMC)  
  • Lithium-Iron-Phosphate (LFP) 
  •  Others (NCA, LTO, solid-state prototypes)  

By Battery Capacity 

  •  Less Than 50 kWh  
  • 50 to 250 kWh 
  •  Above 250 kWh 

By Range 

  •  Up to 200 km (urban) 
  •  201 to 400 km (regional) 
  •  Above 400 km (long-haul) 

By Application 

  •  Logistics and Parcel  
  • Municipal Services (Waste, Street-sweep) 
  •  Construction and Mining  
  • Retail and FMCG Delivery 
  •  Utility and Other Industrial 

By Country 

  •  Germany  
  • United Kingdom 
  •  France  
  • Italy  
  • Netherlands 
  •  Spain  
  • Sweden  
  • Norway  
  • Denmark  
  • Belgium 
  •  Poland  
  • Rest of Europe 

 Major Players  

  • Scania AB 
  • Renault Trucks 
  • Daimler Trucks AG 
  • MAN Truck and Bus 
  • AB Volvo 

Conclusion 

Europe Electric Truck Market reflects a maturing ecosystem where regulatory certainty, commercial readiness, and infrastructure scalability are aligning to shape a long-term sustainable logistics network. With increasing corporate commitments to carbon neutrality and a tightening policy framework, the market’s growth trajectory is expected to remain robust, making Europe a benchmark region for global electric truck adoption. 

Industry Related Reports 

North America Electric Truck Market: The North America Electric Truck Market is categorized by Vehicle Configuration (Trucks), Fuel Category (BEV, FCEV, HEV, and PHEV), and Country (the United States, Canada, and Mexico). The report provides comprehensive insights into the market, presenting data in terms of both market value (USD) and market volume (units). Additionally, it offers detailed segmentation based on Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category, enabling a granular understanding of the regional electric truck landscape. 

United States Electric Pick-up Trucks Market: The United States Electric Pick-up Trucks Market is segmented by Fuel Category (BEV, HEV, and PHEV). The report provides market size details in terms of both market value (USD) and market volume (units). It also includes an in-depth breakdown by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category, offering a comprehensive view of the market structure and dynamics. 

About the company: Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. For any inquiries or to access the full report, please contact: media@mordorintelligence.com https://www.mordorintelligence.com/

Contact Info:
Name: Jignesh Thakkar
Email: Send Email
Organization: Mordor Intelligence
Address: Hyderabad
Phone: +1 617-765-2493
Website: https://www.mordorintelligence.com/

Release ID: 89173922

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