European trucking is on-course for a significant electrification transformation. According to market research firm Mordor Intelligence, the electric trucking industry was worth US$286.87m in 2021. By 2027, that figure is expected to reach US$4.36bn—a CAGR of 57.13%.
One OEM in particular, Scania, is eager for this prediction to become a reality. “We want to make the electrification journey as swift as possible,” says Fredrik Allard, Senior Vice President and Head of e-Mobility. “Our plan is to completely electrify our platform. Within three years, it will be possible to buy 90% of Scania’s vehicles as an electric option.” The change, he emphasises to Automotive World, is happening now.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
