Global Electric Light Commercial Vehicle Market Set for Robust Growth Through 2032
The global Electric Light Commercial Vehicle (ELCV) market is experiencing rapid expansion, driven by increasing demand for zero-emission transportation solutions, urbanization, and the rising adoption of electric vehicles (EVs) across logistics, delivery, and small commercial applications. According to Market Intelo, the market was valued at USD 13.45 billion in 2024 and is projected to reach...
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