Automotive & Transportation

Electrics are the Future for Light Commercial Vehicles

Published: 7 Mar 2019

Dedicated e-LCV platforms are the focus as OEMs target last mile delivery for transformation and disruption

By Chandramowli Kailasam, Program Manager, Mobility & Darwin Sebas, Senior Research Analyst, Mobility

Frost and Sullivan’s recent analysis, Global Electric LCV Market Opportunity Analysis, Forecast to 2025, provides an overview of key trends in the light commercial vehicle (LCV) market, ranging up to 6.5 tons. It predicts a global market opportunity of 1.09 million units by 2025 for eLCVs, due to increasing demand, large scale infrastructure development, and aggressive launches by traditional players and new entrants.

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