Electric Commercial Vehicle reduce both operating costs as well as pollution levels

The adoption of the electric vehicle will help in transforming the environment conditions in a better way and promote greener mobility. The commercial electric vehicle is emerging in the market owing to its flexibility in transportation. It is cost-efficient as it runs on electricity rather than oil or battery. Thus, the charging cost of the vehicle is less than the vehicle operates on gasoline or oil.

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Moreover, the government and other manufacturing companies are investing a considerable amount of money in manufacturing electric commercial vehicles and charging stations. The commercial electric vehicle will propel the market growth as most people use commercial vehicles for traveling a shorter distance, and it also saves money. With the adoption of an electric commercial vehicle, it will reduce both operating costs as well as pollution levels.

Some of the key players influencing the market are

AB Volvo, Alexander Dennis Ltd., Alstom-NTL, Anhui Ankai Automobile Co. Ltd., Ashok Leyland Ltd., Bluebus SAS, Bozankaya A.S., BYD Co. Ltd., Caetanobus - Fabrico De Autocarros E Carrocarias S.A., Chariot Motors, Dongfeng Motor Corp., Ebusco B.V., Nanjing Golden Dragon Bus Co. Ltd., Proterra Inc., and Tata Motors Ltd. The major electric truck manufacturers are Cummins Inc., E-Force One AG, Hino Motors Ltd. Isuzu Motors Ltd., Iveco S.p.A., Nikola Corp., Nissan Motor Co. Ltd., Scania AB, and Workhorse Group