In 2019, South America boasted an electric truck market of 119 units. This volume is forecast to climb to just under 1,600 units in 2026. Battery electric commercial vehicles are tipped to represent some 61 percent of the market in that same year - over double the volume of plug-in hybrid trucks, which came second in the ranking. South America is one of the smallest producers of heavy trucks worldwide, with productions of around 91,000 trucks in 2020.
Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type
Data includes all trucks with a gross vehicle weight above 14,000 pounds.
One pound is equal to approximately 453.59 grams.
Projections are from 2020 to 2026.
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MRFR. (January 7, 2021). Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/
MRFR. "Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type." Chart. January 7, 2021. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/
MRFR. (2021). Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/
MRFR. "Projections for The Electric Truck Market Volume in South America between 2018 and 2026, by Fuel Type." Statista, Statista Inc., 7 Jan 2021, https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/
MRFR, Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type Statista, https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/ (last visited September 20, 2024)
Projections for the electric truck market volume in South America between 2018 and 2026, by fuel type [Graph], MRFR, January 7, 2021. [Online]. Available: https://www.statista.com/statistics/1283662/south-america-electric-truck-fuel-type-market-forecast/