🌍✨ T&E analysis: European truckmakers could lose a quarter of the electric truck market to the Chinese by 2030
Why we’re watching: It’s no secret that European (and US and Japanese) automakers and truckmakers have fallen far behind their Chinese competitors, even as they continue to lobby against emissions regulations and other measures designed to force them to catch up.
Now Transport & Environment has put some numbers to the ongoing market shift. 💚
The EU heavy truck market, which amounts to around 245,000 vehicles annually, is dominated by a small group of legacy truckmakers: Daimler Truck, Traton, IVECO, DAF and Volvo Group.
⚡ Why this matters
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🔭 What to watch next
- 📌 Key signal: It’s no secret that European (and US and Japanese) automakers and truckmakers have fallen far behind their Chinese competitors, even as they…
- ✅ Watch for measurable follow-through, not just announcements.
- 🔎 Share the most practical takeaway with your community.
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Reporting curated for GreenTV. Original reporting via Charged EVs.