According to Technavio, the Electric trucks Market is anticipated to witness significant growth, with an increase of USD 20.32 billion by 2028, driven by a strong CAGR of 35.44%. With increasing pressure on industries to reduce carbon emissions, electric trucks are becoming an integral part of the logistics and transportation sectors. These vehicles provide a dual advantage: lowering operational costs through reduced fuel consumption and minimizing maintenance needs, while also helping businesses comply with increasingly stringent environmental regulations. As battery technologies continue to improve, the range and performance of electric trucks are advancing, making them a more viable and attractive option for businesses aiming to modernize their fleets. The growing demand for sustainable transport solutions and reduced emissions is further pushing the adoption of electric trucks, leading to long-term savings and environmental benefits.

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